PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0394%/8h= −43.2% APRnext payment −$3.94 per $10,000 · paid last 24h −0.018%

Price spread now: Orderly against BingX+0.098%7-day average — · you sell dearer than you buy

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

Long on BingX 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 0.098% dearer against BingX than usual: you sell high and buy low (spread +0.098% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX 1000PEPE-USDC	0.000004878	0.0754	pay 0.0754% / 8h	2h 44m	—	$2.3M	—
Short	Orderly PERP_1000PEPE_USDC	0.000004883	0.0360	get 0.0360% / 8h	2h 44m	$30K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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 BingXbpFee OrderlybpOrdersPrice spread, now +0.098%Rate

Funding earned: −$82.8
Price spread: +0.098% → 0.000%: $9.84
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$88.96
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BingX: 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 BingX live order book, 4 min ago	1.12 bp	13.5 bp −$14	26.2 bp −$262	102.2 bp −$10.2K	270.3 bp −$135.1K
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	0.000004869	−0.197%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000004878	−0.008%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004882	+0.080%	$56.9M	$69.0M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004876	−0.043%	$57K	$109K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004877	−0.023%	$89.0M	$271.6M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004878	−0.002%	$149.0M	$60.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004879	+0.029%	$25.1M	$51.2M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004899	+0.419%	$716K	$3.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004908	+0.606%	$28K	$337K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004887	+0.182%	$2K	$2.4M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000004886	+0.154%	$555K	$3.5M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0112%	8h	0.000004881	+0.059%	$42.1M	$494.3M	50x	as long as short
Bitget PEPEUSDT	+0.0171%	8h	0.000004880	+0.033%	$44.7M	$150.9M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004885	+0.143%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0232%	8h	0.000004880	+0.039%	$3.9M	$21.7M	75x	as long as short
Lighter 1000PEPE	+0.0248%	1h	0.000004883	+0.100%	$599K	$5.1M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0314%	1h	0.000004877	−0.016%	$106K	$619K	15x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0319% / S −0.0217%	1h	0.000004000	−18.001%	$53K	—	100x	as long as short
Paradex kPEPE-USD-PERP	+0.0349%	8h	0.000004879	+0.009%	$5K	$16	20x	as long as short
Orderly PERP_1000PEPE_USDCshort	+0.0360%	8h	0.000004883	+0.098%	$30K	$10K	20x
Phemex u1000PEPEUSDT	+0.0407%	8h	0.000004874	−0.094%	$2.3M	$6.3M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004879	+0.018%	$583K	$25.7M	50x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004888	+0.203%	$4K	$92K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0570%	1h	0.000004882	+0.080%	$82K	$94K	25x	as long as short
SoDEX 1000PEPE-USD	+0.0579%	1h	0.000004881	+0.059%	$2K	$9K	10x	as long as short
Nado kPEPE-PERP	+0.0648%	1h	0.000004882	+0.080%	$182K	$866K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0750%	1h	0.000004880	+0.035%	$3.9M	$12.8M	50x	as long as short
BingX 1000PEPE-USDClong	+0.0754%	8h	0.000004878	long leg	—	$2.3M	—
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000004889	+0.223%	$138K	—	3x	as long as short
MEXC PEPE_USDT	+0.0805%	8h	0.000004885	+0.146%	$91.9M	$287.9M	300x	as long as short
Binance 1000PEPEUSDT	+0.0806%	8h	0.000004883	+0.100%	$128.9M	$1.01B	75x	as long as short
Extended 1000PEPE-USD	+0.0808%	1h	0.000004879	+0.028%	$538K	$146K	25x	as long as short
Aster 1000PEPEUSDT	+0.0866%	8h	0.000004884	+0.123%	$1.6M	$6.7M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0899%	1h	0.000004912	+0.695%	$102K	$758K	25x	as long as short
01 Exchange kPEPEUSD	+0.1472%	1h	0.000004887	+0.182%	$560	$2K	10x	as long as short