Funding you earn now, next payment 06:00 UTC+0.0402%/8h= +44.0% APRpaid last 24h +0.042%
Price spread now: Orderly against gTrade (Gains Network)+0.138%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$12 a day on $10k at the current rate, and Orderly is 0.138% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 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 | gTrade (Gains Network) PEPE/USD | 0.000004994 | L +0.0005% / S −0.0001% | pay 0.0001% / 1h | 35m 40s | $6K | — | 150x |
| Short | Orderly PERP_1000PEPE_USDC | 0.000005001 | 0.0407 | get 0.0407% / 8h | 2h 35m | $33K | $26K | 20x |
gTrade (Gains Network) PEPE/USD
Orderly PERP_1000PEPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $84.4
- Price spread: +0.138% → 0.000%
- $13.82
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $82.21
- Costs to cover
- 0.160%
- Break-even
- 0.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and 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 | 0.000005021 | +0.527% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USDlong | L +0.0005% / S −0.0001% | 1h | 0.000004994 | long leg | $6K | — | 150x | |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005020 | +0.513% | $57K | $177K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005021 | +0.535% | $99.1M | $403.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005019 | +0.493% | $162.1M | $93.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005017 | +0.444% | $25.1M | $70.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004997 | +0.047% | $599K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005025 | +0.618% | $28K | $537K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005006 | +0.228% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005000 | +0.102% | $560K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0150% | 1h | 0.000004996 | +0.032% | $71K | $127K | 25x | as long as short |
| SoDEX 1000PEPE-USD | +0.0153% | 1h | 0.000004997 | +0.052% | $2K | $10K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004998 | +0.063% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0338% | 8h | 0.000005016 | +0.438% | $45.2M | $209.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDCshort | +0.0407% | 8h | 0.000005001 | +0.138% | $33K | $26K | 20x | |
| OKX PEPE-USDT-SWAP | +0.0418% | 8h | 0.000005017 | +0.453% | $46.2M | $683.7M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0535% | 8h | 0.000005019 | +0.486% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0546% | 8h | 0.000005020 | +0.513% | $4.4M | $27.9M | 75x | as long as short |
| 01 Exchange kPEPEUSD | +0.0648% | 1h | 0.000005014 | +0.392% | $605 | $3K | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0650% | 8h | 0.000005003 | +0.174% | $2.4M | $7.9M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0658% | 1h | 0.000004997 | +0.054% | $73K | $830K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005014 | +0.392% | $637K | $36.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0704% | 1h | 0.000005021 | +0.533% | $596K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0747% | 1h | 0.000005002 | +0.158% | $165K | $941K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0769% | 8h | 0.000005017 | +0.451% | — | $238.7M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0799% | 8h | 0.000005019 | +0.489% | $140.9M | $1.40B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005004 | +0.192% | $141K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0804% | 8h | 0.000005028 | +0.681% | $96.8M | $301.0M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005015 | +0.409% | $530K | $277K | 25x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0832% | 1h | 0.000004993 | −0.028% | $153K | $813K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0855% | 1h | 0.000004994 | −0.007% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0857% | 8h | 0.000005015 | +0.414% | $1.8M | $11.1M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1033% | 1h | 0.000005021 | +0.533% | $52.9M | $151.8M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1083% / S −0.2019% | 1h | 0.000004000 | −19.910% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005034 | +0.793% | $3K | $111K | 12x | as long as short |
Deribit 1000PEPE_USDC-PERPETUAL
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
01 Exchange kPEPEUSD
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
Nado kPEPE-PERP
BingX 1000PEPE-USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Extended 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP