PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0233%/8h= +25.5% APRnext payment +$2.33 per $10,000 · paid last 24h +0.016%

Price spread now: Orderly against KuCoin−0.080%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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 0.080% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 28 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PEPEUSDTM	0.000005097	0.0100	pay 0.0100% / 8h	4h 41m	$26.2M	$63.9M	75x
Short	Orderly PERP_1000PEPE_USDC	0.000005093	0.0333	get 0.0333% / 8h	4h 41m	$33K	$24K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. 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 KuCoinbpFee OrderlybpOrdersPrice spread, now −0.080%Rate

Funding earned: $48.95
Price spread: −0.080% → 0.000%: −$8.04
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $22.91
Costs to cover: 0.180%
Break-even: 3.7 days

Slippage unknown: KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago	1.28 bp	11.9 bp −$12	19.2 bp −$192	doesn't fit	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	0.000005091	−0.136%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005086	−0.220%	$15K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005100	+0.049%	$65K	$140K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005094	−0.077%	$99.7M	$346.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005097	−0.010%	$168.4M	$76.0M	75x	as long as short
KuCoin PEPEUSDTMlong	+0.0100%	8h	0.000005097	long leg	$26.2M	$63.9M	75x
Variational Omni 1000PEPE	+0.0100%	8h	0.000005034	−1.254%	$675K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005021	−1.507%	$31K	$452K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005111	+0.273%	$1K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005106	+0.173%	$581K	$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	+0.0170%	8h	0.000005105	+0.141%	$46.6M	$175.0M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005096	−0.028%	$8K	—	15x	as long as short
Injective PEPE/USDC PERP	+0.0254%	1h	0.000005044	−1.050%	$3K	$102K	12x	as long as short
Orderly PERP_1000PEPE_USDCshort	+0.0333%	8h	0.000005093	−0.080%	$33K	$24K	20x
OKX PEPE-USDT-SWAP	+0.0362%	8h	0.000005098	+0.010%	$45.9M	$603.2M	50x	as long as short
BloFin PEPE-USDT	+0.0482%	8h	0.000005085	−0.245%	$4.4M	$25.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0604%	8h	0.000005095	−0.045%	$2.4M	$7.1M	50x	as long as short
BingX 1000PEPE-USDC	+0.0635%	8h	0.000005100	+0.055%	—	$2.3M	—	as long as short
ApeX Omni 1000PEPEUSDT	+0.0663%	1h	0.000005050	−0.932%	$100K	$742K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0671% / S −0.0923%	1h	0.000005000	−1.913%	$46K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0672%	1h	0.000005101	+0.069%	$970K	$32.2M	50x	as long as short
Extended 1000PEPE-USD	+0.0688%	1h	0.000005100	+0.054%	$538K	$226K	25x	as long as short
MEXC PEPE_USDT	+0.0688%	8h	0.000005100	+0.051%	$93.5M	$287.5M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0688%	1h	0.000005080	−0.343%	$144K	—	3x	as long as short
SoDEX 1000PEPE-USD	+0.0689%	1h	0.000005088	−0.186%	$2K	$12K	10x	as long as short
Binance 1000PEPEUSDT	+0.0694%	8h	0.000005101	+0.077%	$143.7M	$1.22B	75x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0733%	1h	0.000005091	−0.128%	$72K	$124K	25x	as long as short
Nado kPEPE-PERP	+0.0778%	1h	0.000005097	0.000%	$193K	$877K	10x	as long as short
Aster 1000PEPEUSDT	+0.0788%	8h	0.000005101	+0.073%	$1.8M	$9.2M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0794%	8h	0.000005092	−0.112%	$6K	—	20x	as long as short
Lighter 1000PEPE	+0.0880%	1h	0.000005100	+0.049%	$580K	$8.2M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0909%	1h	0.000005097	−0.014%	$99K	$644K	15x	as long as short
01 Exchange kPEPEUSD	+0.0992%	1h	0.000005113	+0.304%	$617	$3K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1280%	1h	0.000005087	−0.209%	$4.4M	$15.5M	50x	as long as short
Hyperliquid kPEPE	+0.1456%	1h	0.000005107	+0.186%	$54.7M	$140.2M	10x	as long as short