PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC+0.182%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3as in the Price arb table

costs, in and out, $10k−$210.213% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days−0.168%−$17 · spread now +0.182%, 7d avg −0.005%

Together, before fees−0.169%−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.187% dearer against MEXC than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PEPE_USDT	0.000005037	0.0479	pay 0.0479% / 8h	7h 10m	$99.5M	$290.8M	300x
Short	Binance 1000PEPEUSDT	0.000005046	0.0476	get 0.0476% / 8h	7h 10m	$139.9M	$1.12B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now +0.182%Rate

Funding earned: −$0.58
Price spread: +0.182% → −0.005%: $18.69
Slippage, 4 orders: −$11.33
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$3.23
Costs to cover: 0.213%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 3 min ago.

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 MEXC live order book, 3 min ago	0.89 bp	2.3 bp −$2	17.6 bp −$176	49.4 bp −$4,942	82.8 bp −$41.4K
Sell Binance live order book, 3 min ago	0.20 bp	8.4 bp −$8	14.5 bp −$145	46.5 bp −$4,652	doesn't fit

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
Kraken Futures PF_PEPEUSD	−0.0116%	1h	0.000005030	−0.137%	$3.9M	$14.3M	50x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000005020	−0.343%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005025	−0.228%	$14K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005027	−0.197%	$59K	$120K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005042	+0.109%	$94.9M	$309.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005039	+0.042%	$161.7M	$68.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005036	−0.012%	$25.6M	$57.4M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005053	+0.320%	$44.8M	$154.8M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005026	−0.223%	$588K	$4.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005071	+0.679%	$53K	$381K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005033	−0.069%	$2K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000005031	−0.117%	$2K	$12K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005027	−0.189%	$563K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000005022	−0.290%	$2.4M	$6.8M	50x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005030	−0.142%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0198%	8h	0.000005048	+0.220%	$44.7M	$545.2M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0209%	1h	0.000005072	+0.697%	$105K	$750K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0265%	8h	0.000005024	−0.263%	$6K	$16	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0273%	8h	0.000005030	−0.131%	$31K	$14K	20x	as long as short
BloFin PEPE-USDT	+0.0315%	8h	0.000005031	−0.117%	$4.1M	$24.2M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0368%	1h	0.000005033	−0.077%	$512K	$27.9M	50x	as long as short
BingX 1000PEPE-USDC	+0.0459%	8h	0.000005043	+0.113%	—	$2.3M	—	as long as short
Binance 1000PEPEUSDTshort	+0.0476%	8h	0.000005046	+0.182%	$139.9M	$1.12B	75x
MEXC PEPE_USDTlong	+0.0479%	8h	0.000005037	long leg	$99.5M	$290.8M	300x
Extended 1000PEPE-USD	+0.0480%	1h	0.000005041	+0.087%	$552K	$199K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0480%	1h	0.000004976	−1.209%	$141K	—	3x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0492% / S −0.0454%	1h	0.000005000	−0.733%	$59K	—	100x	as long as short
Aster 1000PEPEUSDT	+0.0527%	8h	0.000005029	−0.155%	$1.5M	$7.5M	50x	as long as short
Lighter 1000PEPE	+0.0528%	1h	0.000005038	+0.022%	$653K	$6.8M	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0546%	1h	0.000005030	−0.137%	$61K	$114K	25x	as long as short
Nado kPEPE-PERP	+0.0561%	1h	0.000005029	−0.166%	$188K	$861K	10x	as long as short
01 Exchange kPEPEUSD	+0.0608%	1h	0.000005037	+0.002%	$1K	$2K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0612%	1h	0.000005034	−0.068%	$95K	$601K	15x	as long as short
Injective PEPE/USDC PERP	+0.0636%	1h	0.000005043	+0.121%	$4K	$102K	12x	as long as short
Hyperliquid kPEPE	+0.2007%	1h	0.000005069	+0.637%	$56.5M	$132.1M	10x	as long as short