PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0217%/8h= −23.7% APRnext payment −$2.17 per $10,000 · paid last 24h −0.003%

Price spread now: Orderly against Binance+0.059%7-day average — · you sell dearer than you buy

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

Long on Binance 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—needs both histories

The price spread pays, funding is against you. Orderly is 0.059% dearer against Binance than usual: you sell high and buy low (spread +0.059% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance 1000PEPEUSDT	0.000004762	0.0561	pay 0.0561% / 8h	3m 08s	$133.9M	$1.07B	75x
Short	Orderly PERP_1000PEPE_USDC	0.000004764	0.0344	get 0.0344% / 8h	3m 08s	$29K	$13K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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 BinancebpFee OrderlybpOrdersPrice spread, now +0.059%Rate

Funding earned: −$45.52
Price spread: +0.059% → 0.000%: $5.94
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$55.57
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 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 Binance live order book, 11 min ago	0.11 bp	5.9 bp −$6	11.5 bp −$115	32.1 bp −$3,214	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
Hyperliquid kPEPE	−0.0329%	1h	0.000004758	−0.075%	$69.0M	$99.5M	10x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004759	−0.048%	$17K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004760	−0.041%	$14K	—	150x	as long as short
Kraken Futures PF_PEPEUSD	+0.0067%	1h	0.000004763	+0.028%	$3.9M	$13.9M	50x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004762	+0.009%	$56K	$119K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004763	+0.030%	$87.3M	$295.3M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004763	+0.030%	$151.0M	$65.1M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004765	+0.078%	$24.5M	$54.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004765	+0.076%	$42.1M	$151.1M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004725	−0.771%	$544K	$4.2M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004725	−0.773%	$25K	$351K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004740	−0.453%	$99K	$755K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004770	+0.179%	$2K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004763	+0.030%	$2K	$12K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004762	+0.005%	$538K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0162%	8h	0.000004768	+0.141%	$2.3M	$6.5M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0178%	8h	0.000004765	+0.067%	$5K	$16	20x	as long as short
Lighter 1000PEPE	+0.0184%	1h	0.000004768	+0.135%	$576K	$6.6M	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004765	+0.069%	$7K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0194%	8h	0.000004766	+0.093%	$42.3M	$499.9M	50x	as long as short
01 Exchange kPEPEUSD	+0.0312%	1h	0.000004766	+0.093%	$546	$2K	10x	as long as short
BloFin PEPE-USDT	+0.0315%	8h	0.000004763	+0.030%	$3.9M	$22.5M	75x	as long as short
Orderly PERP_1000PEPE_USDCshort	+0.0344%	8h	0.000004764	+0.059%	$29K	$13K	20x
GMX PEPE/USD [ETH-USDC]	L +0.0395% / S −0.0434%	1h	0.000004000	−15.994%	$43K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0400%	1h	0.000004753	−0.180%	$558K	$25.6M	50x	as long as short
Injective PEPE/USDC PERP	+0.0437%	1h	0.000004746	−0.327%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0536%	1h	0.000004768	+0.127%	$93K	$603K	15x	as long as short
BingX 1000PEPE-USDC	+0.0548%	8h	0.000004765	+0.064%	—	$2.3M	—	as long as short
Aster 1000PEPEUSDT	+0.0555%	8h	0.000004767	+0.122%	$1.5M	$7.3M	50x	as long as short
Extended 1000PEPE-USD	+0.0560%	1h	0.000004762	+0.006%	$524K	$148K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0560%	1h	0.000004768	+0.135%	$135K	—	3x	as long as short
Binance 1000PEPEUSDTlong	+0.0561%	8h	0.000004762	long leg	$133.9M	$1.07B	75x
MEXC PEPE_USDT	+0.0562%	8h	0.000004767	+0.106%	$90.1M	$283.7M	300x	as long as short
Nado kPEPE-PERP	+0.0589%	1h	0.000004767	+0.117%	$180K	$849K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0800%	1h	0.000004765	+0.072%	$77K	$98K	25x	as long as short