PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0984%/8h= +107.7% APRnext payment +$1.23 per $10,000 · paid last 24h +0.130%

Price spread now: 01 Exchange against dYdX+0.347%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on 01 Exchange

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—needs both histories

Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and 01 Exchange is 0.347% dearer against dYdX than usual: you sell high and buy low: +$35 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	dYdX PEPE-USD	0.000005031	0	get 0.0000% / 1h	37m 10s	$18K	$95	10x
Short	01 Exchange kPEPEUSD	0.000005048	0.0984	get 0.0123% / 1h	37m 10s	$609	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against dYdX. 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 dYdXbpFee 01 ExchangebpOrdersPrice spread, now +0.347%Rate

Funding earned: $206.64
Price spread: +0.347% → 0.000%: $34.7
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $224.34
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; 01 Exchange: 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 dYdX no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

dYdX and 01 Exchange: 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-USDlong	0.0000%	1h	0.000005031	long leg	$18K	$95	10x
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005032	+0.021%	$15K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005038	+0.148%	$64K	$136K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005023	−0.150%	$98.3M	$334.3M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005024	−0.130%	$164.8M	$74.1M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005026	−0.086%	$25.3M	$62.1M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005024	−0.140%	$46.1M	$171.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005050	+0.377%	$680K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005056	+0.512%	$27K	$423K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005045	+0.277%	$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	0.000005034	+0.075%	$575K	$3.6M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005040	+0.188%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0311%	8h	0.000005027	−0.070%	$45.8M	$581.2M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0316%	8h	0.000005027	−0.074%	$33K	$24K	20x	as long as short
BloFin PEPE-USDT	+0.0429%	8h	0.000005028	−0.051%	$4.3M	$25.1M	75x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0547%	1h	0.000005025	−0.110%	$61K	$114K	25x	as long as short
SoDEX 1000PEPE-USD	+0.0568%	1h	0.000005027	−0.070%	$2K	$12K	10x	as long as short
BingX 1000PEPE-USDT	+0.0575%	8h	0.000005027	−0.080%	—	$260.8M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0575% / S −0.0888%	1h	0.000005000	−0.607%	$49K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0576%	1h	0.000005035	+0.089%	$834K	$30.9M	50x	as long as short
MEXC PEPE_USDT	+0.0604%	8h	0.000005029	−0.031%	$95.7M	$288.0M	300x	as long as short
Binance 1000PEPEUSDT	+0.0605%	8h	0.000005029	−0.031%	$141.0M	$1.20B	75x	as long as short
Extended 1000PEPE-USD	+0.0608%	1h	0.000005025	−0.113%	$533K	$221K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0608%	1h	0.000005028	−0.051%	$142K	—	3x	as long as short
Phemex u1000PEPEUSDT	+0.0623%	8h	0.000005029	−0.027%	$2.3M	$7.0M	50x	as long as short
Aster 1000PEPEUSDT	+0.0699%	8h	0.000005033	+0.055%	$1.8M	$9.0M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0761%	8h	0.000005042	+0.221%	$6K	—	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0772%	1h	0.000005053	+0.446%	$99K	$753K	25x	as long as short
Nado kPEPE-PERP	+0.0899%	1h	0.000005042	+0.219%	$183K	$866K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0911%	1h	0.000005025	−0.108%	$98K	$618K	15x	as long as short
Injective PEPE/USDC PERP	+0.0973%	1h	0.000005105	+1.480%	$4K	$102K	12x	as long as short
01 Exchange kPEPEUSDshort	+0.0984%	1h	0.000005048	+0.347%	$609	$3K	10x
Lighter 1000PEPE	+0.1376%	1h	0.000005029	−0.031%	$713K	$8.0M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1385%	1h	0.000005023	−0.155%	$4.2M	$15.1M	50x	as long as short
Hyperliquid kPEPE	+0.1791%	1h	0.000005032	+0.029%	$55.3M	$137.3M	10x	as long as short