Funding you earn now, next payment 09:00 UTC+0.0580%/8h= +63.5% APRpaid last 24h +0.119%
Price spread now: Extended against Variational Omni+0.273%7-day average +0.052% · 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)+0.160%+$16 on $10k
+Price spread, last 4 days (all we have)−0.912%−$91 · spread now +0.273%, 7d avg +0.052%
=Together, before fees−0.751%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$75 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Extended is 0.221% dearer against Variational Omni than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.052%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.160% in total (about 15.9% 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 | Variational Omni 1000PEPE | 0.000005142 | 0.0100 | pay 0.0100% / 8h | 7h 47m | $636K | $5.4M | — |
| Short | Extended 1000PEPE-USD | 0.000005156 | 0.0680 | get 0.0085% / 1h | 47m 43s | $539K | $280K | 25x |
Variational Omni 1000PEPE
Extended 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $121.8
- Price spread: +0.273% → +0.052%
- $22.06
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $138.86
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Extended: live order book, 50 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 | 4.87 bp | doesn't fit | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Extended live order book, 50 min ago | 3.88 bp | 8.4 bp −$8 | 44.2 bp −$442 | 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 | 0.000005150 | +0.155% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005139 | −0.054% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005158 | +0.318% | $60K | $186K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005153 | +0.223% | $99.2M | $435.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005154 | +0.240% | $163.8M | $99.1M | 75x | as long as short |
| Variational Omni 1000PEPElong | +0.0100% | 8h | 0.000005142 | long leg | $636K | $5.4M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005125 | −0.315% | $28K | $549K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005135 | −0.125% | $1K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005147 | +0.098% | $602K | $4.2M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0134% | 1h | 0.000005124 | −0.343% | $149K | $836K | 25x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
ApeX Omni 1000PEPEUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005129 | −0.246% | $8K | $120K | 12x | as long as short |
| KuCoin PEPEUSDTM | +0.0158% | 8h | 0.000005159 | +0.332% | $27.0M | $74.7M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005140 | −0.031% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0194% | 1h | 0.000005142 | +0.007% | $2K | $11K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0223% | 8h | 0.000005157 | +0.297% | $46.3M | $222.0M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0341% | 8h | 0.000005156 | +0.279% | $47.5M | $753.5M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0352% | 8h | 0.000005145 | +0.065% | $2.4M | $8.1M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0428% | 8h | 0.000005156 | +0.288% | $6K | — | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0430% | 8h | 0.000005144 | +0.048% | $34K | $26K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0466% | 8h | 0.000005128 | −0.266% | $4.5M | $30.4M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0468% | 1h | 0.000005149 | +0.151% | $77K | $895K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005124 | −0.343% | $668K | $39.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0560% | 1h | 0.000005164 | +0.435% | $623 | $2K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0580% | 1h | 0.000005157 | +0.299% | $53.3M | $160.0M | 10x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000005161 | +0.376% | $625K | $9.0M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0617% | 1h | 0.000005138 | −0.073% | $4.8M | $16.7M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0638% | 1h | 0.000005143 | +0.021% | $163K | $964K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0648% | 8h | 0.000005156 | +0.273% | — | $2.3M | — | as long as short |
| MEXC PEPE_USDT | +0.0676% | 8h | 0.000005156 | +0.283% | $100.6M | $306.2M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0677% | 8h | 0.000005158 | +0.320% | $142.4M | $1.51B | 75x | as long as short |
| Extended 1000PEPE-USDshort | +0.0680% | 1h | 0.000005156 | +0.273% | $539K | $280K | 25x | |
| Aevo 1000PEPE-PERP | +0.0680% | 1h | 0.000005142 | +0.007% | $145K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0696% | 8h | 0.000005157 | +0.294% | $1.7M | $12.0M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0724% | 1h | 0.000005141 | −0.013% | $73K | $128K | 25x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1020% / S −0.1149% | 1h | 0.000005000 | −2.755% | $51K | — | 100x | as long as short |
Injective PEPE/USDC PERP
KuCoin PEPEUSDTM
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Hyperliquid kPEPE
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Nado kPEPE-PERP
BingX 1000PEPE-USDC
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
GMX PEPE/USD [ETH-USDC]