PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0410%/8h= +44.9% APRnext payment +$4.10 per $10,000 · paid last 24h +0.093%

Price spread now: Aster against Orderly−0.392%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.392% cheaper against Orderly than usual: you would sell low and buy high (spread −0.392% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 3.2 days of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_1000PEPE_USDC	0.000005029	0.0318	pay 0.0318% / 8h	5h 17m	$33K	$24K	20x
Short	Aster 1000PEPEUSDT	0.000005010	0.0728	get 0.0728% / 8h	5h 17m	$1.8M	$9.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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 OrderlybpFee AsterbpOrdersPrice spread, now −0.392%Rate

Funding earned: $86.1
Price spread: −0.392% → 0.000%: −$39.19
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: $32.91
Costs to cover: 0.140%
Break-even: 4.3 days

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 2 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	1.10 bp	6.8 bp −$7	11.1 bp −$111	doesn't fit	doesn't fit

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
dYdX PEPE-USD	0.0000%	1h	0.000005009	−0.417%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005006	−0.463%	$15K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005015	−0.288%	$64K	$139K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005031	+0.020%	$97.8M	$339.2M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005007	−0.447%	$163.7M	$75.3M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005007	−0.437%	$25.8M	$63.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005020	−0.197%	$680K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005023	−0.139%	$27K	$445K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005021	−0.161%	$1K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005018	−0.221%	$571K	$3.6M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEPEUSDT	+0.0125%	8h	0.000005027	−0.060%	$46.2M	$172.9M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005010	−0.386%	$8K	—	15x	as long as short
Orderly PERP_1000PEPE_USDClong	+0.0318%	8h	0.000005029	long leg	$33K	$24K	20x
OKX PEPE-USDT-SWAP	+0.0337%	8h	0.000005028	−0.030%	$45.3M	$587.3M	50x	as long as short
BloFin PEPE-USDT	+0.0460%	8h	0.000005032	+0.050%	$4.3M	$25.1M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0556%	1h	0.000005027	−0.050%	$2K	$12K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0563%	1h	0.000005028	−0.030%	$99K	$755K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0576%	1h	0.000005033	+0.070%	$935K	$31.4M	50x	as long as short
BingX 1000PEPE-USDT	+0.0605%	8h	0.000005016	−0.264%	—	$261.2M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0620% / S −0.1123%	1h	0.000005000	−0.587%	$47K	—	100x	as long as short
MEXC PEPE_USDT	+0.0637%	8h	0.000005008	−0.435%	$95.2M	$290.0M	300x	as long as short
Binance 1000PEPEUSDT	+0.0637%	8h	0.000005030	+0.007%	$140.6M	$1.21B	75x	as long as short
Extended 1000PEPE-USD	+0.0640%	1h	0.000005027	−0.055%	$530K	$226K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0640%	1h	0.000005027	−0.050%	$142K	—	3x	as long as short
Aster 1000PEPEUSDTshort	+0.0728%	8h	0.000005010	−0.392%	$1.8M	$9.1M	50x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0746%	1h	0.000005026	−0.070%	$71K	$124K	25x	as long as short
Phemex u1000PEPEUSDT	+0.0752%	8h	0.000005022	−0.159%	$2.4M	$7.1M	50x	as long as short
Nado kPEPE-PERP	+0.0810%	1h	0.000005013	−0.332%	$183K	$871K	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0812%	8h	0.000005013	−0.338%	$6K	—	20x	as long as short
01 Exchange kPEPEUSD	+0.0968%	1h	0.000005015	−0.288%	$605	$3K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0970%	1h	0.000005010	−0.390%	$96K	$627K	15x	as long as short
Injective PEPE/USDC PERP	+0.0973%	1h	0.000005105	+1.501%	$4K	$102K	12x	as long as short
Lighter 1000PEPE	+0.1216%	1h	0.000005032	+0.050%	$672K	$8.1M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1384%	1h	0.000005027	−0.057%	$4.3M	$15.2M	50x	as long as short
Hyperliquid kPEPE	+0.1614%	1h	0.000005016	−0.268%	$53.5M	$139.4M	10x	as long as short