PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0513%/8h= −56.1% APRnext payment −$5.13 per $10,000 · paid last 24h −0.079%

Price spread now: Orderly against Aster+0.033%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Orderly is 0.033% dearer against Aster than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster 1000PEPEUSDT	0.000004897	0.0858	pay 0.0858% / 8h	2h 55m	$1.5M	$6.7M	50x
Short	Orderly PERP_1000PEPE_USDC	0.000004898	0.0345	get 0.0345% / 8h	2h 55m	$31K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee OrderlybpOrdersPrice spread, now +0.033%Rate

Funding earned: −$107.67
Price spread: +0.033% → 0.000%: $3.27
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$118.41
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 4 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 Aster live order book, 4 min ago	0.61 bp	10.3 bp −$10	14.0 bp −$140	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	0.000004892	−0.097%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004893	−0.082%	$15K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004886	−0.219%	$56.7M	$67.1M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004897	+0.006%	$58K	$108K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004875	−0.445%	$88.2M	$265.9M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	0.000004873	−0.484%	$42.8M	$482.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004887	−0.198%	$149.2M	$59.6M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004888	−0.176%	$24.7M	$48.8M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004889	−0.148%	$719K	$3.8M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004893	−0.085%	$28K	$335K	20x	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	0.000004908	+0.231%	$2K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004899	+0.047%	$564K	$3.5M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0156%	1h	0.000004894	−0.055%	$2K	$9K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0172%	1h	0.000004888	−0.170%	$97K	$591K	15x	as long as short
Bitget PEPEUSDT	+0.0183%	8h	0.000004872	−0.513%	$45.6M	$136.3M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004898	+0.017%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	0.000004893	−0.076%	$4.0M	$21.6M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0312% / S −0.0263%	1h	0.000004000	−18.312%	$48K	—	100x	as long as short
Lighter 1000PEPE	+0.0320%	1h	0.000004892	−0.096%	$587K	$4.9M	10x	as long as short
Orderly PERP_1000PEPE_USDCshort	+0.0345%	8h	0.000004898	+0.033%	$31K	$10K	20x
Paradex kPEPE-USD-PERP	+0.0352%	8h	0.000004899	+0.044%	$5K	$16	20x	as long as short
Phemex u1000PEPEUSDT	+0.0431%	8h	0.000004893	−0.080%	$2.4M	$6.2M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004904	+0.149%	$635K	$25.1M	50x	as long as short
01 Exchange kPEPEUSD	+0.0512%	1h	0.000004901	+0.088%	$561	$2K	10x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004902	+0.108%	$4K	$92K	12x	as long as short
Nado kPEPE-PERP	+0.0639%	1h	0.000004898	+0.033%	$193K	$845K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0699%	1h	0.000004891	−0.116%	$101K	$755K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.0749%	1h	0.000004891	−0.120%	$3.9M	$12.5M	50x	as long as short
BingX 1000PEPE-USDT	+0.0760%	8h	0.000004884	−0.259%	—	$253.7M	—	as long as short
Extended 1000PEPE-USD	+0.0792%	1h	0.000004871	−0.515%	$537K	$146K	25x	as long as short
MEXC PEPE_USDT	+0.0792%	8h	0.000004885	−0.245%	$114.9M	$280.7M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0792%	1h	0.000004895	−0.035%	$138K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0793%	8h	0.000004885	−0.235%	$131.2M	$987.4M	75x	as long as short
Aster 1000PEPEUSDTlong	+0.0858%	8h	0.000004897	long leg	$1.5M	$6.7M	50x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0976%	1h	0.000004899	+0.047%	$79K	$91K	25x	as long as short