Funding you earn now, next payment 05:00 UTC+0.0409%/8h= +44.7% APRnext payment +$0.51 per $10,000 · paid last 24h +0.022%
Price spread now: Nado against SoDEX+0.259%47s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Nado is 0.259% dearer against SoDEX than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX 1000PEPE-USD | 0.000005213 | 0.0447 | pay 0.0056% / 1h | 15m 25s | $2K | $10K | 10x |
| Short | Nado kPEPE-PERP | 0.000005227 | 0.0855 | get 0.0107% / 1h | 15m 25s | $188K | $918K | 10x |
SoDEX 1000PEPE-USD
Nado kPEPE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SoDEX. 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
- $85.79
- Price spread: +0.259% → 0.000%
- $25.94
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $96.73
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 38 min ago. Net counts fees only.
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 38 min ago | 3.76 bp | 8.6 bp −$9 | 32.5 bp −$325 | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.000005219 | +0.116% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005201 | −0.224% | $14K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +2.187% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005223 | +0.192% | $65K | $163K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005202 | −0.211% | $105.5M | $383.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005212 | −0.019% | $171.8M | $89.0M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005222 | +0.178% | $26.1M | $68.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005212 | −0.027% | $663K | $5.2M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005246 | +0.635% | $29K | $535K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005219 | +0.111% | $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
KuCoin PEPEUSDTM
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 | 0.000005236 | +0.432% | $588K | $3.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005222 | +0.170% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0319% | 8h | 0.000005223 | +0.190% | $50.7M | $191.1M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0326% | 1h | 0.000005213 | 0.000% | $74K | $126K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0401% | 8h | 0.000005206 | −0.138% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0430% | 8h | 0.000005204 | −0.173% | $50.4M | $674.9M | 50x | as long as short |
| SoDEX 1000PEPE-USDlong | +0.0447% | 1h | 0.000005213 | long leg | $2K | $10K | 10x | |
| Paradex kPEPE-USD-PERP | +0.0492% | 8h | 0.000005229 | +0.299% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0562% | 8h | 0.000005244 | +0.595% | $4.8M | $28.4M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0683% | 8h | 0.000005218 | +0.096% | $2.5M | $7.6M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005215 | +0.038% | $705K | $36.3M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0772% | 8h | 0.000005208 | −0.102% | — | $235.7M | — | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0807% | 1h | 0.000005244 | +0.595% | $161K | $810K | 25x | as long as short |
| Extended 1000PEPE-USD | +0.0816% | 1h | 0.000005226 | +0.247% | $553K | $231K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0816% | 1h | 0.000005222 | +0.173% | $148K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0817% | 8h | 0.000005215 | +0.036% | $99.0M | $296.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0818% | 8h | 0.000005208 | −0.092% | $150.0M | $1.34B | 75x | as long as short |
| Nado kPEPE-PERPshort | +0.0855% | 1h | 0.000005227 | +0.259% | $188K | $918K | 10x | |
| Aster 1000PEPEUSDT | +0.0912% | 8h | 0.000005213 | −0.006% | $1.8M | $10.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0976% | 1h | 0.000005232 | +0.364% | $631 | $3K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0986% / S −0.1983% | 1h | 0.000005000 | −4.086% | $64K | — | 100x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1144% | 1h | 0.000005220 | +0.130% | $68K | $724K | 15x | as long as short |
| Lighter 1000PEPE | +0.1176% | 1h | 0.000005231 | +0.345% | $623K | $8.8M | 10x | as long as short |
| Hyperliquid kPEPE | +0.1519% | 1h | 0.000005228 | +0.288% | $56.9M | $146.1M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1566% | 1h | 0.000005213 | +0.003% | $4.8M | $16.4M | 50x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
ApeX Omni 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Hyperliquid kPEPE
Kraken Futures PF_PEPEUSD