Funding you earn now, next payment 06:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.077%
Price spread now: Extended against Orderly+0.056%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
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Extended is 0.056% dearer against Orderly than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_1000PEPE_USDC | 0.000005044 | 0.0396 | pay 0.0396% / 8h | 2h 22m | $33K | $26K | 20x |
| Short | Extended 1000PEPE-USD | 0.000005046 | 0.0792 | get 0.0099% / 1h | 22m 10s | $533K | $277K | 25x |
Orderly PERP_1000PEPE_USDC
Extended 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $83.16
- Price spread: +0.056% → 0.000%
- $5.65
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $77.81
- Costs to cover
- 0.110%
- Break-even
- 0.5 days
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 26 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 Extended live order book, 26 min ago | 2.98 bp | 7.5 bp −$7 | 43.1 bp −$431 | 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 | 0.000005017 | −0.518% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0001% | 1h | 0.000005035 | −0.167% | $6K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005024 | −0.389% | $57K | $177K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005044 | +0.008% | $98.8M | $405.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005037 | −0.131% | $161.5M | $94.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005051 | +0.157% | $25.0M | $71.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005002 | −0.831% | $598K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004994 | −0.984% | $27K | $537K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005049 | +0.109% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005040 | −0.075% | $564K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005042 | −0.033% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0221% | 1h | 0.000005048 | +0.087% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0332% | 8h | 0.000005048 | +0.081% | $45.3M | $210.4M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDClong | +0.0396% | 8h | 0.000005044 | long leg | $33K | $26K | 20x | |
| OKX PEPE-USDT-SWAP | +0.0420% | 8h | 0.000005046 | +0.048% | $46.7M | $691.2M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0549% | 8h | 0.000005021 | −0.448% | $4.4M | $28.0M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0564% | 8h | 0.000005021 | −0.457% | $6K | — | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0639% | 1h | 0.000005020 | −0.470% | $73K | $831K | 15x | as long as short |
| Phemex u1000PEPEUSDT | +0.0649% | 8h | 0.000005040 | −0.075% | $2.4M | $7.9M | 50x | as long as short |
| Lighter 1000PEPE | +0.0656% | 1h | 0.000005054 | +0.206% | $600K | $9.0M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0672% | 1h | 0.000005031 | −0.250% | $607 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005045 | +0.028% | $643K | $37.1M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0689% | 1h | 0.000005000 | −0.864% | $154K | $813K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0707% | 1h | 0.000005043 | −0.009% | $165K | $943K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0748% | 8h | 0.000005039 | −0.089% | — | $239.2M | — | as long as short |
| Extended 1000PEPE-USDshort | +0.0792% | 1h | 0.000005046 | +0.056% | $533K | $277K | 25x | |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000005042 | −0.032% | $143K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0792% | 8h | 0.000005047 | +0.067% | $141.5M | $1.41B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0793% | 8h | 0.000005047 | +0.059% | $96.0M | $302.3M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0839% | 8h | 0.000005044 | −0.002% | $1.8M | $11.2M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0846% | 1h | 0.000005049 | +0.099% | $4.6M | $16.7M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0941% | 1h | 0.000005042 | −0.032% | $72K | $127K | 25x | as long as short |
| Hyperliquid kPEPE | +0.0987% | 1h | 0.000005044 | +0.008% | $53.4M | $152.5M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1129% / S −0.2171% | 1h | 0.000005000 | −0.864% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000004992 | −1.023% | $3K | $111K | 12x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Backpack kPEPE_USDC_PERP
Phemex u1000PEPEUSDT
Lighter 1000PEPE
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Nado kPEPE-PERP
BingX 1000PEPE-USDT
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP