PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0245%/8h= −26.8% APRnext payment −$2.45 per $10,000 · paid last 24h −0.022%

Price spread now: Orderly against MEXC−0.255%7-day average — · you buy dearer than you sell

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

Long on MEXC 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

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Orderly is 0.255% cheaper against MEXC than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PEPE_USDT	0.000005060	0.0523	pay 0.0523% / 8h	6h 22m	$94.7M	$290.8M	300x
Short	Orderly PERP_1000PEPE_USDC	0.000005047	0.0278	get 0.0278% / 8h	6h 22m	$33K	$23K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.255%Rate

Funding earned: −$51.38
Price spread: −0.255% → 0.000%: −$25.49
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$82.87
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: MEXC: 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 MEXC live order book, 2 min ago	0.20 bp	1.5 bp −$1	17.9 bp −$179	50.1 bp −$5,006	83.7 bp −$41.9K
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 34 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	0.000005053	−0.155%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005048	−0.251%	$14K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005058	−0.047%	$61K	$125K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005050	−0.198%	$98.1M	$323.3M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005051	−0.186%	$161.3M	$70.9M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005052	−0.166%	$25.2M	$60.7M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005062	+0.036%	$47.0M	$160.9M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005092	+0.618%	$624K	$4.5M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005086	+0.504%	$34K	$413K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005059	−0.034%	$1K	$2.4M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005057	−0.069%	$567K	$3.6M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005051	−0.193%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0231%	8h	0.000005063	+0.051%	$45.1M	$568.7M	50x	as long as short
Orderly PERP_1000PEPE_USDCshort	+0.0278%	8h	0.000005047	−0.255%	$33K	$23K	20x
ApeX Omni 1000PEPEUSDT	+0.0312%	1h	0.000005063	+0.051%	$106K	$747K	25x	as long as short
Phemex u1000PEPEUSDT	+0.0352%	8h	0.000005053	−0.136%	$2.4M	$7.0M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0424%	1h	0.000005055	−0.107%	$727K	$29.7M	50x	as long as short
BingX 1000PEPE-USDT	+0.0491%	8h	0.000005056	−0.089%	—	$259.0M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0512% / S −0.0538%	1h	0.000005000	−1.194%	$56K	—	100x	as long as short
Extended 1000PEPE-USD	+0.0520%	1h	0.000005057	−0.072%	$557K	$199K	25x	as long as short
MEXC PEPE_USDTlong	+0.0523%	8h	0.000005060	long leg	$94.7M	$290.8M	300x
Binance 1000PEPEUSDT	+0.0523%	8h	0.000005058	−0.053%	$142.9M	$1.17B	75x	as long as short
Aevo 1000PEPE-PERP	+0.0528%	1h	0.000005054	−0.126%	$143K	—	3x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0543%	1h	0.000005050	−0.206%	$61K	$114K	25x	as long as short
SoDEX 1000PEPE-USD	+0.0558%	1h	0.000005055	−0.107%	$2K	$12K	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0561%	8h	0.000005060	−0.006%	$6K	$16	20x	as long as short
Aster 1000PEPEUSDT	+0.0619%	8h	0.000005055	−0.103%	$1.7M	$8.2M	50x	as long as short
Nado kPEPE-PERP	+0.0634%	1h	0.000005049	−0.223%	$181K	$881K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0824%	1h	0.000005053	−0.153%	$4.0M	$14.5M	50x	as long as short
Injective PEPE/USDC PERP	+0.0909%	1h	0.000005098	+0.743%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0927%	1h	0.000005055	−0.111%	$100K	$617K	15x	as long as short
01 Exchange kPEPEUSD	+0.0960%	1h	0.000005061	+0.012%	$1K	$2K	10x	as long as short
Lighter 1000PEPE	+0.1576%	1h	0.000005062	+0.032%	$1.1M	$7.4M	10x	as long as short
Hyperliquid kPEPE	+0.2196%	1h	0.000005059	−0.028%	$55.7M	$135.9M	10x	as long as short