Funding you earn now, next payment 01:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Variational Omni−0.678%7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.678% cheaper against Variational Omni than usual: you would sell low and buy high (−$68 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni 1000PEPE | 0.000004960 | 0.0100 | pay 0.0100% / 8h | 7h 28m | $585K | $4.3M | — |
| Short | gTrade (Gains Network) PEPE/USD | 0.000004926 | L +0.0006% / S −0.0006% | get 0.0001% / 1h | 28m 17s | $15K | — | 150x |
Variational Omni 1000PEPE
gTrade (Gains Network) PEPE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$19.74
- Price spread: −0.678% → 0.000%
- −$67.81
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$97.55
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; gTrade (Gains Network): no order-book sample. 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 | 5.04 bp | doesn't fit | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0118% | 1h | 0.000004938 | −0.434% | $3.9M | $14.0M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004964 | +0.086% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDshort | L +0.0006% / S −0.0006% | 1h | 0.000004926 | −0.678% | $15K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004966 | +0.126% | $58K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004934 | −0.519% | $91.6M | $304.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004916 | −0.882% | $156.4M | $66.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004924 | −0.731% | $25.0M | $56.1M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004939 | −0.412% | $43.0M | $152.5M | 75x | as long as short |
| Variational Omni 1000PEPElong | +0.0100% | 8h | 0.000004960 | long leg | $585K | $4.3M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004971 | +0.232% | $52K | $379K | 20x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004937 | −0.454% | $2K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004937 | −0.458% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004963 | +0.066% | $557K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004962 | +0.048% | $2.4M | $6.6M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0181% | 8h | 0.000004940 | −0.398% | $43.2M | $526.0M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004920 | −0.806% | $7K | — | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0206% | 8h | 0.000004964 | +0.078% | $6K | $16 | 20x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0287% | 8h | 0.000004936 | −0.470% | $30K | $14K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0302% | 8h | 0.000004974 | +0.288% | $4.0M | $23.6M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000004974 | +0.288% | $634K | $27.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0384% | 1h | 0.000004969 | +0.187% | $582K | $6.7M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0440% | 1h | 0.000004944 | −0.317% | $102K | $754K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0472% | 1h | 0.000004919 | −0.828% | $190K | $857K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0477% / S −0.0379% | 1h | 0.000004000 | −19.350% | $61K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | +0.0480% | 1h | 0.000004926 | −0.680% | $1K | $2K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0483% | 8h | 0.000004922 | −0.763% | — | $2.3M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0488% | 1h | 0.000004940 | −0.398% | $140K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0494% | 8h | 0.000004936 | −0.478% | $137.6M | $1.10B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0496% | 1h | 0.000004938 | −0.434% | $543K | $148K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0497% | 8h | 0.000004922 | −0.763% | $99.8M | $284.9M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0527% | 8h | 0.000004932 | −0.559% | $1.4M | $7.5M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0561% | 1h | 0.000004938 | −0.438% | $67K | $110K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0568% | 1h | 0.000004968 | +0.159% | $94K | $601K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000004983 | +0.469% | $4K | $102K | 12x | as long as short |
| Hyperliquid kPEPE | +0.0655% | 1h | 0.000004932 | −0.559% | $58.9M | $119.4M | 10x | as long as short |
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERP
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSD
BingX 1000PEPE-USDC
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Hyperliquid kPEPE