PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h +0.036%

Price spread now: BloFin against Orderly+0.029%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on BloFin

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

The price spread pays, funding is against you. BloFin is 0.029% dearer against Orderly than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_1000PEPE_USDC	0.000004770	0.0342	pay 0.0342% / 8h	1m 00s	$29K	$13K	20x
Short	BloFin PEPE-USDT	0.000004771	0.0314	get 0.0314% / 8h	1m 00s	$3.9M	$22.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$5.9
Price spread: +0.029% → 0.000%: $2.94
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$20.96
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 8 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 BloFin live order book, 8 min ago	1.06 bp	8.8 bp −$9	11.0 bp −$110	22.3 bp −$2,232	62.7 bp −$31.3K

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
Hyperliquid kPEPE	−0.0333%	1h	0.000004763	−0.138%	$69.4M	$99.9M	10x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004765	−0.090%	$17K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004762	−0.155%	$14K	—	150x	as long as short
Kraken Futures PF_PEPEUSD	+0.0067%	1h	0.000004766	−0.070%	$3.9M	$13.9M	50x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004768	−0.034%	$56K	$119K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004768	−0.034%	$87.5M	$295.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004767	−0.055%	$151.1M	$65.1M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004771	+0.023%	$24.2M	$54.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004771	+0.021%	$42.1M	$151.1M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004764	−0.120%	$552K	$4.2M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004764	−0.122%	$25K	$352K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004762	−0.159%	$100K	$755K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004772	+0.052%	$2K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004768	−0.034%	$2K	$12K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004771	+0.040%	$539K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0156%	8h	0.000004770	+0.019%	$2.3M	$6.5M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0180%	8h	0.000004769	−0.014%	$5K	$16	20x	as long as short
Lighter 1000PEPE	+0.0184%	1h	0.000004772	+0.050%	$576K	$6.6M	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004765	−0.106%	$7K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0193%	8h	0.000004772	+0.050%	$42.6M	$501.2M	50x	as long as short
BloFin PEPE-USDTshort	+0.0314%	8h	0.000004771	+0.029%	$3.9M	$22.6M	75x
01 Exchange kPEPEUSD	+0.0320%	1h	0.000004768	−0.034%	$546	$2K	10x	as long as short
Orderly PERP_1000PEPE_USDClong	+0.0342%	8h	0.000004770	long leg	$29K	$13K	20x
GMX PEPE/USD [ETH-USDC]	L +0.0397% / S −0.0437%	1h	0.000004000	−16.136%	$43K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0400%	1h	0.000004773	+0.071%	$559K	$25.7M	50x	as long as short
Injective PEPE/USDC PERP	+0.0437%	1h	0.000004746	−0.495%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0536%	1h	0.000004769	−0.006%	$93K	$603K	15x	as long as short
BingX 1000PEPE-USDT	+0.0539%	8h	0.000004773	+0.073%	—	$257.4M	—	as long as short
Extended 1000PEPE-USD	+0.0552%	1h	0.000004773	+0.075%	$524K	$148K	25x	as long as short
Aster 1000PEPEUSDT	+0.0553%	8h	0.000004768	−0.026%	$1.5M	$7.3M	50x	as long as short
Binance 1000PEPEUSDT	+0.0555%	8h	0.000004776	+0.134%	$134.3M	$1.07B	75x	as long as short
MEXC PEPE_USDT	+0.0558%	8h	0.000004772	+0.044%	$90.6M	$283.9M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0560%	1h	0.000004769	−0.013%	$135K	—	3x	as long as short
Nado kPEPE-PERP	+0.0584%	1h	0.000004764	−0.122%	$180K	$849K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0589%	1h	0.000004769	−0.013%	$77K	$98K	25x	as long as short