Funding you earn now, next payment 22:00 UTC−0.0343%/8h= −37.6% APRpaid last 24h −0.030%
Price spread now: Orderly against ApeX Omni−0.085%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Orderly is 0.085% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | ApeX Omni 1000PEPEUSDT | 0.000004803 | 0.0726 | pay 0.0091% / 1h | 29m 28s | $99K | $759K | 25x |
| Short | Orderly PERP_1000PEPE_USDC | 0.000004799 | 0.0382 | get 0.0382% / 8h | 2h 29m | $29K | $11K | 20x |
ApeX Omni 1000PEPEUSDT
Orderly PERP_1000PEPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against ApeX 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
- −$72.11
- Price spread: −0.085% → 0.000%
- −$8.54
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$96.65
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 59 min ago; Orderly: 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 ApeX Omni live order book, 59 min ago | 5.79 bp | 13.6 bp −$14 | 89.3 bp −$893 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 0.000004799 | −0.083% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004794 | −0.187% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004805 | +0.042% | $57.1M | $70.4M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004807 | +0.083% | $59K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004805 | +0.042% | $88.7M | $273.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004800 | −0.062% | $149.2M | $61.9M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004807 | +0.079% | $23.8M | $52.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004799 | −0.077% | $702K | $3.7M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004804 | +0.011% | $27K | $338K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004806 | +0.073% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
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 | 0.000004799 | −0.090% | $553K | $3.6M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0136% | 8h | 0.000004806 | +0.062% | $41.3M | $488.5M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0173% | 8h | 0.000004803 | +0.006% | $43.1M | $152.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004806 | +0.064% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0248% | 8h | 0.000004806 | +0.062% | $3.9M | $21.7M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0318% / S −0.0217% | 1h | 0.000004000 | −16.719% | $52K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.0360% | 1h | 0.000004809 | +0.125% | $592K | $5.1M | 10x | as long as short |
| Orderly PERP_1000PEPE_USDCshort | +0.0382% | 8h | 0.000004799 | −0.085% | $29K | $11K | 20x | |
| Paradex kPEPE-USD-PERP | +0.0408% | 8h | 0.000004806 | +0.072% | $5K | $16 | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004801 | −0.042% | $575K | $25.3M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0469% | 8h | 0.000004799 | −0.092% | $2.3M | $6.3M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0522% | 1h | 0.000004798 | −0.098% | $95K | $622K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004809 | +0.125% | $4K | $92K | 12x | as long as short |
| Nado kPEPE-PERP | +0.0697% | 1h | 0.000004809 | +0.124% | $180K | $859K | 10x | as long as short |
| SoDEX 1000PEPE-USD | +0.0714% | 1h | 0.000004798 | −0.104% | $2K | $9K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDTlong | +0.0726% | 1h | 0.000004803 | long leg | $99K | $759K | 25x | |
| Kraken Futures PF_PEPEUSD | +0.0763% | 1h | 0.000004798 | −0.114% | $3.9M | $13.0M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0774% | 8h | 0.000004805 | +0.033% | — | $2.3M | — | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0793% | 1h | 0.000004798 | −0.104% | $81K | $94K | 25x | as long as short |
| Extended 1000PEPE-USD | +0.0816% | 1h | 0.000004805 | +0.042% | $526K | $147K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0816% | 1h | 0.000004808 | +0.104% | $136K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0819% | 8h | 0.000004810 | +0.137% | $90.4M | $290.0M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0826% | 8h | 0.000004811 | +0.169% | $127.9M | $1.02B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0862% | 8h | 0.000004810 | +0.137% | $1.5M | $6.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1232% | 1h | 0.000004820 | +0.354% | $552 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Nado kPEPE-PERP
SoDEX 1000PEPE-USD
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDC
Deribit 1000PEPE_USDC-PERPETUAL
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD