PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0163%/8h= +17.9% APRnext payment +$1.63 per $10,000 · paid last 24h −0.018%

Price spread now: Orderly against Bitget+0.119%7-day average — · you sell dearer than you buy

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

Long on Bitget 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

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Orderly is 0.119% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PEPEUSDT	0.000004806	0.0183	pay 0.0183% / 8h	2h 54m	$43.5M	$146.1M	75x
Short	Orderly PERP_1000PEPE_USDC	0.000004812	0.0346	get 0.0346% / 8h	2h 54m	$30K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now +0.119%Rate

Funding earned: $34.26
Price spread: +0.119% → 0.000%: $11.86
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $28.12
Costs to cover: 0.180%
Break-even: 1.3 days

Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago	2.05 bp	9.3 bp −$9	11.1 bp −$111	29.5 bp −$2,946	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	0.000004840	+0.716%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000004808	+0.031%	$13K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004809	+0.060%	$55.8M	$67.9M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004847	+0.851%	$58K	$108K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004804	−0.046%	$88.4M	$271.6M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	0.000004807	+0.019%	$41.1M	$484.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004806	−0.002%	$147.0M	$60.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004812	+0.125%	$21.8M	$48.8M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004889	+1.735%	$719K	$3.8M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004893	+1.798%	$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	0.000004820	+0.295%	$2K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004815	+0.183%	$555K	$3.5M	75x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0166%	1h	0.000004811	+0.102%	$81K	$94K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.0172%	1h	0.000004810	+0.079%	$109K	$620K	15x	as long as short
Bitget PEPEUSDTlong	+0.0183%	8h	0.000004806	long leg	$43.5M	$146.1M	75x
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004814	+0.156%	$7K	—	15x	as long as short
Lighter 1000PEPE	+0.0216%	1h	0.000004826	+0.414%	$540K	$5.0M	10x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	0.000004893	+1.808%	$4.0M	$21.6M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0310% / S −0.0264%	1h	0.000004000	−16.772%	$46K	—	100x	as long as short
Orderly PERP_1000PEPE_USDCshort	+0.0346%	8h	0.000004812	+0.119%	$30K	$10K	20x
Paradex kPEPE-USD-PERP	+0.0349%	8h	0.000004768	−0.786%	$5K	$16	20x	as long as short
Phemex u1000PEPEUSDT	+0.0453%	8h	0.000004814	+0.158%	$2.3M	$6.3M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004828	+0.456%	$562K	$25.2M	50x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004902	+1.995%	$4K	$92K	12x	as long as short
SoDEX 1000PEPE-USD	+0.0624%	1h	0.000004825	+0.393%	$2K	$9K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0699%	1h	0.000004891	+1.767%	$101K	$755K	25x	as long as short
Nado kPEPE-PERP	+0.0728%	1h	0.000004807	+0.019%	$180K	$868K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0759%	1h	0.000004824	+0.367%	$3.8M	$12.7M	50x	as long as short
BingX 1000PEPE-USDT	+0.0760%	8h	0.000004812	+0.131%	—	$254.5M	—	as long as short
Extended 1000PEPE-USD	+0.0792%	1h	0.000004818	+0.248%	$529K	$146K	25x	as long as short
MEXC PEPE_USDT	+0.0792%	8h	0.000004805	−0.029%	$100.3M	$285.3M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0792%	1h	0.000004831	+0.518%	$137K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0793%	8h	0.000004814	+0.165%	$129.3M	$1.00B	75x	as long as short
01 Exchange kPEPEUSD	+0.0816%	1h	0.000004901	+1.975%	$561	$2K	10x	as long as short
Aster 1000PEPEUSDT	+0.0855%	8h	0.000004817	+0.226%	$1.5M	$6.8M	50x	as long as short