Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0131%/8h= +14.4% APRpaid last 24h +0.020%
Price spread now: Aster against Nado−0.023%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$410.406% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.037%+$4 on $10k
Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.023%, 7d avg +0.053%
Together, before fees+0.019%+ Points / potential airdropNado: Active · Aster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.075% cheaper against Nado than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.053%). If the spread goes back, that is −$8 on $10k: about 46 hours of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.037% in total) that is about 6.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado kPEPE-PERP0.0000047950.0415pay 0.0052% / 1h55m 31s$180K$848K10x
ShortAster 1000PEPEUSDT0.0000047940.0546get 0.0546% / 8h7h 55m$1.5M$7.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Nado. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$27.61
Price spread: −0.023% → +0.053%
−$7.54
Slippage, 4 orders
−$25.57
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$20.5
Costs to cover
0.406%
Break-even
12.2 days
Slippage from Nado: live order book, 18 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 18 min ago3.17 bp11.2 bp −$1128.8 bp −$288doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago1.25 bp10.1 bp −$1013.8 bp −$138doesn't fitdoesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex u1000PEPEUSDT−0.0286%8h0.000004791−0.084%$2.3M$6.5M50xas long as short
Kraken Futures PF_PEPEUSD−0.0122%1h0.000004795+0.004%$3.9M$13.9M50xas long as short
dYdX PEPE-USD0.0000%1h0.000004791−0.086%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000004789−0.132%$14K150xas long as short
Hyperliquid kPEPE+0.0100%1h0.000004790−0.103%$68.6M$102.2M10xas long as short
Pacifica kPEPE+0.0100%1h0.000004794−0.019%$56K$119K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004790−0.111%$87.5M$297.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004790−0.103%$152.1M$64.6M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004795−0.007%$24.1M$55.0M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004790−0.105%$42.4M$151.5M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni 1000PEPE+0.0100%8h0.000004801+0.124%$554K$4.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004798+0.058%$26K$350K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000004802+0.154%$2K$2.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h0.000004796+0.022%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004796+0.020%$541K$3.5M75xas long as short
Lighter 1000PEPE+0.0112%1h0.000004794−0.019%$575K$6.6M10xas long as short
Paradex kPEPE-USD-PERP+0.0175%8h0.000004794−0.023%$5K$1620xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004789−0.119%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0193%8h0.000004792−0.061%$42.8M$505.2M50xas long as short
BloFin PEPE-USDT+0.0310%8h0.000004792−0.061%$3.9M$22.7M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0333%8h0.000004791−0.082%$30K$13K20xas long as short
01 Exchange kPEPEUSD+0.0336%1h0.000004788−0.144%$548$2K10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0368%1h0.000004796+0.022%$550K$25.9M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0404% / S −0.0446%1h0.000004000−16.578%$43K100xas long as short
Nado kPEPE-PERPlong+0.0415%1h0.000004795long leg$180K$848K10x
BingX 1000PEPE-USDT+0.0532%8h0.000004792−0.057%$257.5Mas long as short
Binance 1000PEPEUSDT+0.0542%8h0.000004792−0.051%$135.0M$1.08B75xas long as short
Extended 1000PEPE-USD+0.0544%1h0.000004792−0.061%$526K$148K25xas long as short
MEXC PEPE_USDT+0.0545%8h0.000004800+0.112%$91.2M$279.7M300xas long as short
Aster 1000PEPEUSDTshort+0.0546%8h0.000004794−0.023%$1.5M$7.3M50x
Aevo 1000PEPE-PERP+0.0552%1h0.000004785−0.207%$135K3xas long as short
Backpack kPEPE_USDC_PERP+0.0634%1h0.000004797+0.050%$94K$602K15xas long as short
Injective PEPE/USDC PERP+0.0636%1h0.000004793−0.040%$4K$102K12xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0794%1h0.000004796+0.022%$77K$98K25xas long as short
ApeX Omni 1000PEPEUSDT+0.1932%1h0.000004800+0.106%$100K$753K25xas long as short