Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: edgeX against Variational Omni+0.147%104s7-day average +0.085% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.055%+$5 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.147%, 7d avg +0.085%
=Together, before fees−0.007%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.061% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.085%. The two prices were read 104 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 | Variational Omni 1000PEPE | 0.000004998 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $653K | $5.4M | — |
| Short | edgeX 1000PEPEUSDC | 0.000005005 | 0.0100 | get 0.0050% / 4h | 2h 57m | $27K | $569K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Variational Omni. 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
- $0
- Price spread: +0.147% → +0.085%
- $6.11
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$2.89
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; edgeX: live order book, 36 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 Variational Omni RFQ quote, 1 min ago | 5.00 bp | doesn't fit | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 min ago | 1.28 bp | 5.9 bp −$6 | 8.4 bp −$84 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000PEPE_USDC-PERPETUAL | 0.0000% | 1h | 0.000005004 | +0.129% | $57K | $139K | 25x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005002 | +0.091% | $3K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0026% | 1h | 0.000004999 | +0.027% | $4.6M | $16.7M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000005003 | +0.109% | $51.6M | $161.8M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005008 | +0.209% | $58K | $197K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005010 | +0.257% | $96.5M | $446.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005005 | +0.149% | $159.9M | $99.9M | 75x | as long as short |
| Variational Omni 1000PEPElong | +0.0100% | 8h | 0.000004998 | long leg | $653K | $5.4M | — | |
| edgeX 1000PEPEUSDCshort | +0.0100% | 4h | 0.000005005 | +0.147% | $27K | $569K | 20x | |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000005009 | +0.229% | $146K | $846K | 25x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005012 | +0.293% | $1K | $2.6M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005001 | +0.069% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005005 | +0.139% | $585K | $4.2M | 75x | as long as short |
| Nado kPEPE-PERP | +0.0117% | 1h | 0.000005005 | +0.151% | $152K | $949K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0126% | 8h | 0.000005009 | +0.235% | $44.6M | $225.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0128% | 8h | 0.000005008 | +0.207% | $25.6M | $75.9M | 75x | as long as short |
| 01 Exchange kPEPEUSD | +0.0152% | 1h | 0.000005006 | +0.169% | $604 | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.0168% | 1h | 0.000005005 | +0.149% | $591K | $9.0M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0179% | 8h | 0.000005010 | +0.255% | $2.3M | $8.0M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004993 | −0.085% | $8K | — | 15x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0240% | 1h | 0.000005000 | +0.049% | $66K | $959K | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0273% | 8h | 0.000005009 | +0.229% | $45.6M | $743.2M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0276% | 8h | 0.000005011 | +0.260% | $6K | — | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0363% | 1h | 0.000005011 | +0.269% | $6K | $121K | 12x | as long as short |
| BloFin PEPE-USDT | +0.0397% | 8h | 0.000005010 | +0.249% | $4.4M | $30.1M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0431% | 8h | 0.000005008 | +0.209% | $32K | $31K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000005008 | +0.209% | $664K | $39.4M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0546% | 8h | 0.000005010 | +0.245% | — | $179.7M | — | as long as short |
| Extended 1000PEPE-USD | +0.0552% | 1h | 0.000005006 | +0.178% | $525K | $286K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0552% | 1h | 0.000005006 | +0.169% | $142K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0553% | 8h | 0.000005011 | +0.271% | $131.8M | $1.54B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0559% | 8h | 0.000005009 | +0.231% | $99.5M | $303.0M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0573% | 8h | 0.000005011 | +0.269% | $1.8M | $12.3M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0926% / S −0.1034% | 1h | 0.000005000 | +0.049% | $50K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.8700% | 1h | 0.000005009 | +0.239% | $25K | $12K | 10x | as long as short |
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
Deribit 1000PEPE_USDC-PERPETUAL
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Bitget PEPEUSDT
KuCoin PEPEUSDTM
01 Exchange kPEPEUSD
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]