Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.41 per $10,000 · paid last 24h +0.004%
Price spread now: Orderly against OKX+0.012%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PEPE-USDT-SWAP | 0.000005201 | 0.0419 | pay 0.0419% / 8h | 1h 58m | $48.6M | $725.0M | 50x |
| Short | Orderly PERP_1000PEPE_USDC | 0.000005202 | 0.0378 | get 0.0378% / 8h | 1h 58m | $34K | $26K | 20x |
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.56
- Price spread: +0.012% → 0.000%
- $1.15
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$23.4
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 6 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 OKX live order book, 6 min ago | 0.98 bp | 8.8 bp −$9 | 14.4 bp −$144 | 36.0 bp −$3,600 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005168 | −0.634% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005190 | −0.212% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005196 | −0.098% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005196 | −0.096% | $61K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005199 | −0.038% | $101.7M | $411.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005198 | −0.058% | $164.2M | $95.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005205 | +0.073% | $25.9M | $71.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005159 | −0.816% | $617K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005156 | −0.871% | $28K | $541K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005207 | +0.119% | $2K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005190 | −0.213% | $590K | $4.2M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0108% | 1h | 0.000005196 | −0.096% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005204 | +0.062% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0313% | 8h | 0.000005198 | −0.065% | $46.4M | $213.4M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDCshort | +0.0378% | 8h | 0.000005202 | +0.012% | $34K | $26K | 20x | |
| Nado kPEPE-PERP | +0.0412% | 1h | 0.000005203 | +0.038% | $164K | $953K | 10x | as long as short |
| OKX PEPE-USDT-SWAPlong | +0.0419% | 8h | 0.000005201 | long leg | $48.6M | $725.0M | 50x | |
| Kraken Futures PF_PEPEUSD | +0.0449% | 1h | 0.000005194 | −0.140% | $4.7M | $16.8M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0530% | 8h | 0.000005189 | −0.223% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0546% | 8h | 0.000005180 | −0.404% | $4.4M | $29.6M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0569% | 8h | 0.000005202 | +0.017% | $2.4M | $8.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005203 | +0.038% | $689K | $38.5M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0632% | 1h | 0.000005202 | +0.019% | $627 | $3K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0672% | 1h | 0.000005154 | −0.904% | $156K | $818K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0713% | 1h | 0.000005197 | −0.077% | $74K | $127K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0717% | 1h | 0.000005187 | −0.277% | $68K | $844K | 15x | as long as short |
| BingX 1000PEPE-USDT | +0.0754% | 8h | 0.000005199 | −0.042% | — | $217.2M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0789% | 8h | 0.000005202 | +0.019% | $144.1M | $1.44B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0789% | 8h | 0.000005204 | +0.048% | $100.7M | $301.4M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0792% | 1h | 0.000005195 | −0.122% | $550K | $281K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000005202 | +0.019% | $147K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0816% | 8h | 0.000005200 | −0.019% | $1.9M | $11.6M | 50x | as long as short |
| Lighter 1000PEPE | +0.0920% | 1h | 0.000005198 | −0.058% | $626K | $9.0M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1134% / S −0.2351% | 1h | 0.000005000 | −3.865% | $64K | — | 100x | as long as short |
| Hyperliquid kPEPE | +0.1260% | 1h | 0.000005209 | +0.154% | $55.7M | $154.1M | 10x | as long as short |
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
BingX 1000PEPE-USDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Lighter 1000PEPE
GMX PEPE/USD [ETH-USDC]
Hyperliquid kPEPE