PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.007%

Price spread now: 01 Exchange against Lighter+0.058%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on 01 Exchange

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 airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. 01 Exchange is 0.058% dearer against Lighter than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter 1000PEPE	0.000005173	0.0704	pay 0.0088% / 1h	6m 18s	$617K	$9.1M	10x
Short	01 Exchange kPEPEUSD	0.000005176	0.0672	get 0.0084% / 1h	6m 18s	$624	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Lighter. 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 LighterbpFee 01 ExchangebpOrdersPrice spread, now +0.058%Rate

Funding earned: −$6.72
Price spread: +0.058% → 0.000%: $5.8
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$7.92
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 7 min ago; 01 Exchange: 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 Lighter live order book, 7 min ago	2.93 bp	7.8 bp −$8	17.9 bp −$179	42.3 bp −$4,228	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Injective PEPE/USDC PERP	−0.0016%	1h	0.000005140	−0.638%	$8K	$120K	12x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000005154	−0.377%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0008%	1h	0.000005161	−0.230%	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005159	−0.271%	$60K	$182K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005168	−0.097%	$101.2M	$421.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005169	−0.077%	$164.6M	$97.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005115	−1.130%	$600K	$5.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005152	−0.402%	$28K	$543K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005179	+0.124%	$1K	$2.7M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005168	−0.091%	$599K	$4.2M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin PEPEUSDTM	+0.0111%	8h	0.000005170	−0.058%	$26.4M	$72.6M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0172%	1h	0.000005169	−0.077%	$2K	$11K	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005173	+0.003%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0286%	8h	0.000005169	−0.070%	$46.2M	$216.4M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0397%	8h	0.000005168	−0.097%	$47.8M	$737.0M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0400%	8h	0.000005171	−0.029%	$34K	$26K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0422%	1h	0.000005152	−0.406%	$150K	$829K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.0452%	1h	0.000005167	−0.121%	$4.7M	$16.5M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0456%	1h	0.000005162	−0.217%	$73K	$865K	15x	as long as short
BloFin PEPE-USDT	+0.0512%	8h	0.000005161	−0.232%	$4.4M	$29.9M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0521%	8h	0.000005172	−0.017%	$2.4M	$8.0M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0521%	8h	0.000005160	−0.246%	$6K	—	20x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0525%	1h	0.000005168	−0.097%	$74K	$127K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0624%	1h	0.000005172	−0.019%	$679K	$39.1M	50x	as long as short
01 Exchange kPEPEUSDshort	+0.0672%	1h	0.000005176	+0.058%	$624	$3K	10x
Nado kPEPE-PERP	+0.0701%	1h	0.000005172	−0.024%	$165K	$960K	10x	as long as short
Lighter 1000PEPElong	+0.0704%	1h	0.000005173	long leg	$617K	$9.1M	10x
BingX 1000PEPE-USDC	+0.0729%	8h	0.000005169	−0.079%	—	$2.3M	—	as long as short
Aster 1000PEPEUSDT	+0.0751%	8h	0.000005169	−0.083%	$1.8M	$11.7M	50x	as long as short
Binance 1000PEPEUSDT	+0.0759%	8h	0.000005167	−0.107%	$142.0M	$1.47B	75x	as long as short
MEXC PEPE_USDT	+0.0759%	8h	0.000005174	+0.015%	$100.7M	$306.7M	300x	as long as short
Extended 1000PEPE-USD	+0.0760%	1h	0.000005166	−0.134%	$543K	$284K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0760%	1h	0.000005169	−0.077%	$146K	—	3x	as long as short
Hyperliquid kPEPE	+0.0957%	1h	0.000005177	+0.077%	$53.8M	$156.8M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1132% / S −0.2249%	1h	0.000005000	−3.344%	$64K	—	100x	as long as short