Funding you earn now, next payment 03:00 UTC+0.0757%/8h= +82.9% APRnext payment +$0.95 per $10,000 · paid last 24h +0.053%
Price spread now: Nado against Pacifica+0.015%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 3 days (all we have)+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.215%+$21 · spread now +0.015%, 7d avg −0.006%
=Together, before fees+0.279%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Nado is 0.022% dearer against Pacifica than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.006%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.064% in total (about 7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.95 per $10,000. 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 | Pacifica kPEPE | 0.000005103 | 0.0100 | pay 0.0013% / 1h | 57m 20s | $63K | $128K | 10x |
| Short | Nado kPEPE-PERP | 0.000005104 | 0.0857 | get 0.0107% / 1h | 57m 20s | $194K | $858K | 10x |
Pacifica kPEPE
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Pacifica. 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
- $158.92
- Price spread: +0.015% → −0.006%
- $2.15
- Slippage, 4 orders
- −$39.81
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $106.26
- Costs to cover
- 0.548%
- Break-even
- 2.3 days
Slippage from Pacifica: live order book, 5 min ago; Nado: live order book, 6 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 Pacifica live order book, 5 min ago | 6.84 bp | 15.1 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 6 min ago | 3.94 bp | 9.6 bp −$10 | 26.5 bp −$265 | doesn't fit | doesn't fit |
PEPE on 34 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 | 0.000005098 | −0.089% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005097 | −0.110% | $18K | — | 150x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000005103 | long leg | $63K | $128K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005100 | −0.059% | $99.6M | $328.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005101 | −0.039% | $163.7M | $72.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005104 | +0.024% | $25.5M | $61.5M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005109 | +0.110% | $47.7M | $167.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005100 | −0.066% | $681K | $4.5M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005107 | +0.075% | $27K | $424K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005109 | +0.127% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005093 | −0.190% | $580K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005104 | +0.017% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0280% | 8h | 0.000005105 | +0.039% | $46.1M | $581.7M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0298% | 8h | 0.000005106 | +0.067% | $33K | $24K | 20x | as long as short |
| BingX 1000PEPE-USDT | +0.0538% | 8h | 0.000005104 | +0.025% | — | $259.7M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0541% / S −0.0937% | 1h | 0.000005000 | −2.018% | $48K | — | 100x | as long as short |
| Phemex u1000PEPEUSDT | +0.0543% | 8h | 0.000005090 | −0.265% | $2.4M | $7.0M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.0560% | 1h | 0.000005103 | 0.000% | $144K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0566% | 8h | 0.000005101 | −0.035% | $96.9M | $285.4M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0568% | 1h | 0.000005110 | +0.137% | $559K | $199K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0569% | 8h | 0.000005107 | +0.078% | $144.6M | $1.18B | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0576% | 1h | 0.000005092 | −0.216% | $914K | $30.7M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0631% | 1h | 0.000005094 | −0.176% | $2K | $12K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0647% | 1h | 0.000005110 | +0.137% | $106K | $749K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0671% | 8h | 0.000005111 | +0.149% | $1.7M | $8.3M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0700% | 8h | 0.000005101 | −0.037% | $6K | — | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0814% | 1h | 0.000005086 | −0.323% | $99K | $610K | 15x | as long as short |
| Nado kPEPE-PERPshort | +0.0857% | 1h | 0.000005104 | +0.015% | $194K | $858K | 10x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0927% | 1h | 0.000005103 | 0.000% | $62K | $114K | 25x | as long as short |
| Injective PEPE/USDC PERP | +0.0973% | 1h | 0.000005105 | +0.039% | $4K | $102K | 12x | as long as short |
| 01 Exchange kPEPEUSD | +0.1104% | 1h | 0.000005122 | +0.372% | $618 | $3K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1367% | 1h | 0.000005090 | −0.246% | $4.1M | $14.6M | 50x | as long as short |
| Lighter 1000PEPE | +0.1520% | 1h | 0.000005103 | 0.000% | $1.1M | $7.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.1895% | 1h | 0.000005113 | +0.196% | $56.5M | $136.6M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
BingX 1000PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Phemex u1000PEPEUSDT
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
Injective PEPE/USDC PERP
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE