Funding you earn now, next payment 05:00 UTC+0.0782%/8h= +85.6% APRpaid last 24h +0.081%
Price spread now: Nado against KuCoin−0.386%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$540.545% of the position
Funding, last 3 days (all we have)+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)+0.469%+$47 · spread now −0.386%, 7d avg +0.013%
=Together, before fees+0.571%+ Points / potential airdropNado: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.399% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.386% now, against its 7-day average of +0.013%). If the spread goes back, that is −$40 on $10k: about 41 hours of funding at the current rate (+$23 a day). At the pace of the last 3 days (+0.102% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.102% in total (about 11.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEPEUSDTM | 0.000005342 | 0.0100 | pay 0.0100% / 8h | 3h 43m | $27.1M | $67.5M | 75x |
| Short | Nado kPEPE-PERP | 0.000005321 | 0.0882 | get 0.0110% / 1h | 43m 58s | $190K | $914K | 10x |
KuCoin PEPEUSDTM
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $164.2
- Price spread: −0.386% → +0.013%
- −$39.94
- Slippage, 4 orders
- −$35.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $69.79
- Costs to cover
- 0.545%
- Break-even
- 4.0 days
Slippage from KuCoin: live order book, 5 min ago; Nado: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 5 min ago | 2.90 bp | 19.1 bp −$19 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Nado live order book, 9 min ago | 3.76 bp | 8.6 bp −$9 | 32.5 bp −$325 | doesn't fit | doesn't fit |
PEPE on 35 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005300 | −0.797% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005333 | −0.167% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005381 | +0.728% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005310 | −0.601% | $69K | $153K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005327 | −0.286% | $108.6M | $374.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005340 | −0.039% | $177.1M | $86.4M | 75x | as long as short |
| KuCoin PEPEUSDTMlong | +0.0100% | 8h | 0.000005342 | long leg | $27.1M | $67.5M | 75x | |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005314 | −0.534% | $761K | $5.1M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005342 | +0.007% | $43K | $498K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005342 | −0.006% | $1K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005329 | −0.245% | $610K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005318 | −0.449% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0266% | 8h | 0.000005341 | −0.024% | $52.1M | $187.8M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0380% | 8h | 0.000005336 | −0.122% | $36K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0428% | 8h | 0.000005334 | −0.152% | $52.7M | $678.5M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0544% | 8h | 0.000005326 | −0.301% | $4.5M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0627% | 8h | 0.000005342 | +0.006% | $2.6M | $7.5M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0676% | 1h | 0.000005337 | −0.095% | $2K | $10K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005347 | +0.092% | $722K | $36.5M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0764% | 8h | 0.000005332 | −0.197% | — | $2.3M | — | as long as short |
| Paradex kPEPE-USD-PERP | +0.0797% | 8h | 0.000005310 | −0.607% | $6K | — | 20x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005330 | −0.227% | $151K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0805% | 8h | 0.000005334 | −0.145% | $154.4M | $1.31B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0807% | 8h | 0.000005341 | −0.017% | $104.6M | $292.9M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005339 | −0.059% | $566K | $226K | 25x | as long as short |
| Nado kPEPE-PERPshort | +0.0882% | 1h | 0.000005321 | −0.386% | $190K | $914K | 10x | |
| GMX PEPE/USD [ETH-USDC] | L +0.0899% / S −0.1763% | 1h | 0.000005000 | −6.404% | $65K | — | 100x | as long as short |
| Aster 1000PEPEUSDT | +0.0933% | 8h | 0.000005350 | +0.142% | $1.9M | $9.9M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1063% | 1h | 0.000005337 | −0.095% | $76K | $126K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1118% | 1h | 0.000005342 | −0.002% | $177K | $798K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.1232% | 1h | 0.000005327 | −0.283% | $643 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.1248% | 1h | 0.000005340 | −0.039% | $694K | $8.6M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1330% | 1h | 0.000005358 | +0.292% | $73K | $722K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1530% | 1h | 0.000005335 | −0.126% | $4.9M | $16.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1784% | 1h | 0.000005360 | +0.335% | $58.8M | $144.5M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
SoDEX 1000PEPE-USD
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Paradex kPEPE-USD-PERP
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE