PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.060%

Price spread now: Paradex against Bybit+0.092%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.092% dearer against Bybit than usual: you sell high and buy low: +$9 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	Bybit 1000PEPEUSDT	0.000004802	0.0100	pay 0.0100% / 8h	48m 15s	$86.4M	$287.8M	50x
Short	Paradex kPEPE-USD-PERP	0.000004806	0.0213	get 0.0213% / 8h	48m 15s	$5K	$16	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. 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 BybitbpFee ParadexbpOrdersPrice spread, now +0.092%Rate

Funding earned: $23.77
Price spread: +0.092% → 0.000%: $9.23
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: $18
Costs to cover: 0.150%
Break-even: 1.7 days

Slippage unknown: Bybit: live order book, 1 min ago; Paradex: 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 Bybit live order book, 1 min ago	1.04 bp	7.8 bp −$8	12.0 bp −$120	32.0 bp −$3,205	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0249%	1h	0.000004797	−0.094%	$67.1M	$87.9M	10x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004803	+0.035%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004801	−0.008%	$14K	—	150x	as long as short
Kraken Futures PF_PEPEUSD	+0.0066%	1h	0.000004804	+0.044%	$3.9M	$13.5M	50x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004806	+0.094%	$59K	$115K	10x	as long as short
Bybit 1000PEPEUSDTlong	+0.0100%	8h	0.000004802	long leg	$86.4M	$287.8M	50x
Gate PEPE_USDT	+0.0100%	8h	0.000004802	+0.010%	$150.6M	$63.9M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004802	+0.010%	$24.6M	$54.2M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004804	+0.060%	$42.5M	$149.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004816	+0.300%	$585K	$4.1M	—	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	0.000004818	+0.333%	$26K	$348K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004822	+0.427%	$101K	$760K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004814	+0.252%	$1K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004806	+0.094%	$2K	$12K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004803	+0.042%	$544K	$3.5M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004804	+0.049%	$7K	—	15x	as long as short
Lighter 1000PEPE	+0.0192%	1h	0.000004806	+0.094%	$635K	$6.3M	10x	as long as short
Paradex kPEPE-USD-PERPshort	+0.0213%	8h	0.000004806	+0.092%	$5K	$16	20x
OKX PEPE-USDT-SWAP	+0.0218%	8h	0.000004804	+0.052%	$41.6M	$497.3M	50x	as long as short
01 Exchange kPEPEUSD	+0.0224%	1h	0.000004808	+0.135%	$551	$2K	10x	as long as short
Phemex u1000PEPEUSDT	+0.0229%	8h	0.000004800	−0.027%	$2.3M	$6.4M	50x	as long as short
BloFin PEPE-USDT	+0.0337%	8h	0.000004804	+0.052%	$3.8M	$22.3M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0358% / S −0.0398%	1h	0.000004000	−16.693%	$42K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0400%	1h	0.000004806	+0.094%	$565K	$25.7M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0428%	8h	0.000004805	+0.065%	$30K	$12K	20x	as long as short
Injective PEPE/USDC PERP	+0.0437%	1h	0.000004819	+0.364%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0567%	1h	0.000004805	+0.081%	$91K	$601K	15x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0583%	1h	0.000004806	+0.094%	$81K	$94K	25x	as long as short
BingX 1000PEPE-USDT	+0.0671%	8h	0.000004803	+0.033%	—	$256.3M	—	as long as short
Extended 1000PEPE-USD	+0.0688%	1h	0.000004805	+0.079%	$529K	$148K	25x	as long as short
MEXC PEPE_USDT	+0.0691%	8h	0.000004808	+0.135%	$94.6M	$279.4M	300x	as long as short
Binance 1000PEPEUSDT	+0.0691%	8h	0.000004803	+0.034%	$131.8M	$1.05B	75x	as long as short
Aster 1000PEPEUSDT	+0.0692%	8h	0.000004806	+0.101%	$1.5M	$7.3M	50x	as long as short
Aevo 1000PEPE-PERP	+0.0696%	1h	0.000004805	+0.073%	$136K	—	3x	as long as short
Nado kPEPE-PERP	+0.0824%	1h	0.000004806	+0.097%	$184K	$845K	10x	as long as short