PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0252%/8h= +27.6% APRnext payment +$2.52 per $10,000 · paid last 24h 0.000%

Price spread now: Orderly against Gate−0.101%7-day average — · you buy dearer than you sell

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

Long on Gate 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

Funding pays, the price is against you. Orderly is 0.101% cheaper against Gate than usual: you would sell low and buy high (spread −0.101% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 32 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PEPE_USDT	0.000004854	0.0100	pay 0.0100% / 8h	2h 50m	$148.1M	$60.5M	75x
Short	Orderly PERP_1000PEPE_USDC	0.000004849	0.0352	get 0.0352% / 8h	2h 50m	$30K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Gate. 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 GatebpFee OrderlybpOrdersPrice spread, now −0.101%Rate

Funding earned: $52.94
Price spread: −0.101% → 0.000%: −$10.09
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: $21.85
Costs to cover: 0.210%
Break-even: 4.1 days

Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago	3.12 bp	12.6 bp −$13	19.7 bp −$197	76.0 bp −$7,603	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	0.000004851	−0.062%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000004847	−0.150%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004854	0.000%	$56.1M	$68.4M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004856	+0.041%	$58K	$108K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004874	+0.408%	$89.2M	$271.9M	50x	as long as short
Gate PEPE_USDTlong	+0.0100%	8h	0.000004854	long leg	$148.1M	$60.5M	75x
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004852	−0.041%	$23.8M	$50.1M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004845	−0.195%	$708K	$3.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004830	−0.490%	$27K	$336K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004861	+0.140%	$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	0.000004857	+0.066%	$552K	$3.5M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0105%	8h	0.000004874	+0.412%	$41.8M	$493.1M	50x	as long as short
Bitget PEPEUSDT	+0.0175%	8h	0.000004857	+0.064%	$43.7M	$149.3M	75x	as long as short
Lighter 1000PEPE	+0.0176%	1h	0.000004857	+0.062%	$543K	$5.0M	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004851	−0.058%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	0.000004852	−0.041%	$4.0M	$21.7M	75x	as long as short
Backpack kPEPE_USDC_PERP	+0.0234%	1h	0.000004847	−0.136%	$109K	$619K	15x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0315% / S −0.0369%	1h	0.000004000	−17.594%	$41K	—	100x	as long as short
Paradex kPEPE-USD-PERP	+0.0339%	8h	0.000004859	+0.095%	$5K	$16	20x	as long as short
Orderly PERP_1000PEPE_USDCshort	+0.0352%	8h	0.000004849	−0.101%	$30K	$10K	20x
Phemex u1000PEPEUSDT	+0.0430%	8h	0.000004853	−0.029%	$2.3M	$6.3M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004847	−0.144%	$596K	$25.4M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0516%	1h	0.000004838	−0.330%	$100K	$757K	25x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004856	+0.041%	$4K	$92K	12x	as long as short
SoDEX 1000PEPE-USD	+0.0571%	1h	0.000004849	−0.103%	$2K	$9K	10x	as long as short
Nado kPEPE-PERP	+0.0701%	1h	0.000004877	+0.484%	$182K	$868K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0755%	1h	0.000004848	−0.118%	$3.9M	$12.8M	50x	as long as short
BingX 1000PEPE-USDC	+0.0759%	8h	0.000004849	−0.113%	—	$2.3M	—	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0782%	1h	0.000004851	−0.062%	$82K	$94K	25x	as long as short
MEXC PEPE_USDT	+0.0791%	8h	0.000004859	+0.111%	$93.5M	$286.6M	300x	as long as short
Binance 1000PEPEUSDT	+0.0791%	8h	0.000004871	+0.351%	$130.8M	$1.01B	75x	as long as short
Extended 1000PEPE-USD	+0.0792%	1h	0.000004856	+0.042%	$532K	$146K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0792%	1h	0.000004857	+0.062%	$137K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0847%	8h	0.000004854	0.000%	$1.5M	$6.8M	50x	as long as short
01 Exchange kPEPEUSD	+0.1712%	1h	0.000004869	+0.309%	$558	$2K	10x	as long as short