PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.08 per $10,000 · paid last 24h −0.070%

Price spread now: Reya against Injective+0.114%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Reya

What this pair did over the last

the charts below follow

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 0.114% dearer against Injective than usual: you sell high and buy low (spread +0.114% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PEPE/USDC PERP	0.000005044	0.0254	pay 0.0032% / 1h	45m 00s	$3K	$102K	12x
Short	Reya kPEPERUSDPERP	0.000005050	0.0189	get 0.0024% / 1h	45m 00s	$8K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Injective. 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 InjectivebpFee ReyabpOrdersPrice spread, now +0.114%Rate

Funding earned: −$13.67
Price spread: +0.114% → 0.000%: $11.44
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Reya: 3 bp × 2 orders: −$6
Net: −$8.25
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Injective: live order book, 13 min ago; Reya: 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 Injective live order book, 13 min ago	34.65 bp	52.4 bp −$52	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	0.000005032	−0.247%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005042	−0.036%	$14K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005042	−0.040%	$64K	$140K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005051	+0.133%	$98.9M	$345.6M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005048	+0.079%	$166.6M	$75.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005049	+0.109%	$26.1M	$63.7M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005034	−0.207%	$675K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005021	−0.463%	$31K	$452K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005051	+0.141%	$1K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005051	+0.149%	$575K	$3.7M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEPEUSDT	+0.0164%	8h	0.000005055	+0.220%	$46.2M	$174.8M	75x	as long as short
Reya kPEPERUSDPERPshort	+0.0189%	1h	0.000005050	+0.114%	$8K	—	15x
Injective PEPE/USDC PERPlong	+0.0254%	1h	0.000005044	long leg	$3K	$102K	12x
Orderly PERP_1000PEPE_USDC	+0.0332%	8h	0.000005053	+0.188%	$33K	$24K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0362%	8h	0.000005058	+0.278%	$45.3M	$597.3M	50x	as long as short
BloFin PEPE-USDT	+0.0480%	8h	0.000005048	+0.079%	$4.4M	$25.3M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0565%	1h	0.000005051	+0.139%	$2K	$12K	10x	as long as short
BingX 1000PEPE-USDC	+0.0635%	8h	0.000005044	+0.004%	—	$2.3M	—	as long as short
Phemex u1000PEPEUSDT	+0.0637%	8h	0.000005052	+0.159%	$2.4M	$7.1M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0663%	1h	0.000005021	−0.456%	$100K	$742K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0665% / S −0.0915%	1h	0.000005000	−0.872%	$45K	—	100x	as long as short
MEXC PEPE_USDT	+0.0671%	8h	0.000005056	+0.246%	$92.7M	$287.1M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0672%	1h	0.000005050	+0.119%	$143K	—	3x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0672%	1h	0.000005046	+0.040%	$970K	$31.8M	50x	as long as short
Binance 1000PEPEUSDT	+0.0676%	8h	0.000005056	+0.230%	$142.4M	$1.22B	75x	as long as short
Extended 1000PEPE-USD	+0.0680%	1h	0.000005049	+0.098%	$532K	$226K	25x	as long as short
Aster 1000PEPEUSDT	+0.0764%	8h	0.000005052	+0.168%	$1.8M	$9.2M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0789%	8h	0.000005041	−0.066%	$6K	—	20x	as long as short
Nado kPEPE-PERP	+0.0815%	1h	0.000005050	+0.127%	$191K	$877K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0822%	1h	0.000005054	+0.198%	$98K	$644K	15x	as long as short
01 Exchange kPEPEUSD	+0.0920%	1h	0.000005059	+0.297%	$610	$3K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0940%	1h	0.000005050	+0.119%	$71K	$124K	25x	as long as short
Lighter 1000PEPE	+0.0952%	1h	0.000005053	+0.178%	$578K	$8.2M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1290%	1h	0.000005048	+0.083%	$4.4M	$15.4M	50x	as long as short
Hyperliquid kPEPE	+0.1422%	1h	0.000005059	+0.297%	$54.2M	$140.1M	10x	as long as short