PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0343%/8h= +37.6% APRnext payment +$3.43 per $10,000 · paid last 24h +0.043%

Price spread now: Paradex against KuCoin−0.276%47s7-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 Paradex

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

Funding pays, the price is against you. Paradex is 0.276% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.276% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 2.7 days of funding at the current rate (+$10 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PEPEUSDTM	0.000005235	0.0100	pay 0.0100% / 8h	3h 23m	$25.9M	$68.5M	75x
Short	Paradex kPEPE-USD-PERP	0.000005220	0.0443	get 0.0443% / 8h	3h 23m	$6K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.276%Rate

Funding earned: $72.11
Price spread: −0.276% → 0.000%: −$27.6
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: $28.51
Costs to cover: 0.160%
Break-even: 4.2 days

Slippage unknown: KuCoin: live order book, 5 min ago; Paradex: 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, 5 min ago	1.61 bp	12.5 bp −$12	25.0 bp −$250	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	0.000005210	−0.473%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005229	−0.117%	$14K	—	150x	as long as short
Injective PEPE/USDC PERP	+0.0092%	1h	0.000005327	+1.763%	$3K	$111K	12x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005219	−0.300%	$66K	$162K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005240	+0.109%	$107.0M	$380.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005223	−0.224%	$172.5M	$88.6M	75x	as long as short
KuCoin PEPEUSDTMlong	+0.0100%	8h	0.000005235	long leg	$25.9M	$68.5M	75x
Variational Omni 1000PEPE	+0.0100%	8h	0.000005215	−0.385%	$677K	$5.2M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005260	+0.481%	$29K	$533K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005236	+0.027%	$1K	$2.5M	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	0.000005238	+0.061%	$587K	$3.9M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005234	−0.022%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0300%	8h	0.000005244	+0.170%	$50.9M	$190.6M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0394%	8h	0.000005233	−0.034%	$35K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0433%	8h	0.000005244	+0.178%	$50.4M	$677.4M	50x	as long as short
Paradex kPEPE-USD-PERPshort	+0.0443%	8h	0.000005220	−0.276%	$6K	—	20x
SoDEX 1000PEPE-USD	+0.0502%	1h	0.000005232	−0.052%	$2K	$10K	10x	as long as short
BloFin PEPE-USDT	+0.0563%	8h	0.000005234	−0.013%	$4.9M	$28.2M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0652%	8h	0.000005231	−0.078%	$2.5M	$7.6M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0712%	1h	0.000005233	−0.032%	$720K	$36.3M	50x	as long as short
BingX 1000PEPE-USDC	+0.0761%	8h	0.000005231	−0.080%	—	$2.3M	—	as long as short
MEXC PEPE_USDT	+0.0799%	8h	0.000005231	−0.071%	$100.7M	$295.8M	300x	as long as short
Extended 1000PEPE-USD	+0.0800%	1h	0.000005230	−0.090%	$553K	$231K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000005226	−0.166%	$148K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0801%	8h	0.000005236	+0.032%	$152.5M	$1.33B	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0843%	1h	0.000005254	+0.369%	$161K	$808K	25x	as long as short
Nado kPEPE-PERP	+0.0884%	1h	0.000005234	−0.005%	$188K	$916K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0898%	1h	0.000005233	−0.032%	$74K	$126K	25x	as long as short
Aster 1000PEPEUSDT	+0.0910%	8h	0.000005232	−0.056%	$1.8M	$10.3M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0959% / S −0.1916%	1h	0.000005000	−4.484%	$64K	—	100x	as long as short
01 Exchange kPEPEUSD	+0.0992%	1h	0.000005238	+0.063%	$632	$3K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.1161%	1h	0.000005233	−0.025%	$68K	$724K	15x	as long as short
Lighter 1000PEPE	+0.1232%	1h	0.000005233	−0.032%	$634K	$8.8M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1561%	1h	0.000005229	−0.109%	$4.8M	$16.4M	50x	as long as short
Hyperliquid kPEPE	+0.1583%	1h	0.000005248	+0.254%	$57.1M	$145.7M	10x	as long as short