Funding you earn now, next payment 08:00 UTC−0.0413%/8h= −45.2% APRpaid last 24h −0.044%
Price spread now: dYdX against Orderly−0.503%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and dYdX is 0.503% cheaper against Orderly than usual: you would sell low and buy high (−$50 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 | Orderly PERP_1000PEPE_USDC | 0.000005192 | 0.0413 | pay 0.0413% / 8h | 23m 26s | $34K | $26K | 20x |
| Short | dYdX PEPE-USD | 0.000005166 | 0 | get 0.0000% / 1h | 23m 26s | $19K | $649 | 10x |
Orderly PERP_1000PEPE_USDC
dYdX PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Orderly. 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
- −$86.72
- Price spread: −0.503% → 0.000%
- −$50.33
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$153.05
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Orderly and dYdX: 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-USDshort | 0.0000% | 1h | 0.000005166 | −0.503% | $19K | $649 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005187 | −0.091% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005167 | −0.483% | $60K | $183K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005189 | −0.065% | $99.9M | $429.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005188 | −0.079% | $164.7M | $99.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005155 | −0.723% | $614K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005163 | −0.557% | $28K | $546K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005163 | −0.564% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005156 | −0.699% | $600K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0121% | 8h | 0.000005193 | +0.015% | $27.0M | $74.0M | 75x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0145% | 1h | 0.000005156 | −0.695% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005186 | −0.115% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0259% | 8h | 0.000005187 | −0.104% | $46.5M | $219.8M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0306% | 1h | 0.000005162 | −0.580% | $150K | $835K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0361% | 8h | 0.000005189 | −0.060% | $48.0M | $751.8M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005153 | −0.753% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDClong | +0.0413% | 8h | 0.000005192 | long leg | $34K | $26K | 20x | |
| Paradex kPEPE-USD-PERP | +0.0461% | 8h | 0.000005159 | −0.632% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0478% | 8h | 0.000005152 | −0.772% | $2.4M | $8.1M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0485% | 8h | 0.000005153 | −0.753% | $4.5M | $30.3M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0503% | 1h | 0.000005158 | −0.655% | $73K | $881K | 15x | as long as short |
| Lighter 1000PEPE | +0.0520% | 1h | 0.000005167 | −0.483% | $620K | $9.1M | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0527% | 1h | 0.000005154 | −0.734% | $74K | $127K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005166 | −0.503% | $688K | $39.9M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0688% | 1h | 0.000005181 | −0.210% | $167K | $956K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0700% | 8h | 0.000005194 | +0.040% | — | $2.3M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0712% | 1h | 0.000005183 | −0.175% | $625 | $2K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0712% | 1h | 0.000005152 | −0.769% | $4.8M | $16.6M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0720% | 8h | 0.000005186 | −0.109% | $1.8M | $11.9M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0723% | 8h | 0.000005193 | +0.010% | $143.0M | $1.50B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0725% | 8h | 0.000005186 | −0.116% | $102.0M | $307.7M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0728% | 1h | 0.000005174 | −0.344% | $542K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0728% | 1h | 0.000005162 | −0.580% | $146K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0969% | 1h | 0.000005187 | −0.098% | $54.0M | $158.0M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1068% / S −0.1502% | 1h | 0.000005000 | −3.700% | $47K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
BloFin PEPE-USDT
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
BingX 1000PEPE-USDC
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]