PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0271%/8h= −29.7% APRnext payment −$2.71 per $10,000 · paid last 24h +0.020%

Price spread now: Paradex against Orderly+0.047%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.047% dearer against Orderly than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_1000PEPE_USDC	0.000004974	0.0391	pay 0.0391% / 8h	6h 20m	$32K	$30K	20x
Short	Paradex kPEPE-USD-PERP	0.000004976	0.0119	get 0.0119% / 8h	6h 20m	$6K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$57.01
Price spread: +0.047% → 0.000%: $4.7
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$62.3
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Paradex: 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 Paradex no order-book sample	—	—	—	—	—

Orderly and Paradex: 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 exchanges

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
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000004979	+0.101%	$3K	—	150x	as long as short
Kraken Futures PF_PEPEUSD	+0.0026%	1h	0.000004972	−0.034%	$4.6M	$16.8M	50x	as long as short
Lighter 1000PEPE	+0.0096%	1h	0.000004975	+0.028%	$589K	$9.0M	10x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004979	+0.109%	$51.0M	$161.8M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004978	+0.088%	$57K	$198K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004973	−0.018%	$95.0M	$445.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004976	+0.048%	$155.7M	$101.5M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004973	−0.022%	$25.1M	$76.1M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004972	−0.040%	$45.3M	$228.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004980	+0.138%	$638K	$5.3M	—	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004976	+0.049%	$27K	$569K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004986	+0.249%	$145K	$847K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004982	+0.175%	$1K	$2.6M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004974	+0.008%	$2K	$11K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004975	+0.020%	$581K	$4.2M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000004972	−0.030%	$2.3M	$8.0M	50x	as long as short
01 Exchange kPEPEUSD	+0.0112%	1h	0.000004979	+0.109%	$601	$2K	10x	as long as short
Paradex kPEPE-USD-PERPshort	+0.0119%	8h	0.000004976	+0.047%	$6K	—	20x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0152%	1h	0.000004972	−0.032%	$57K	$125K	25x	as long as short
Nado kPEPE-PERP	+0.0160%	1h	0.000004977	+0.078%	$140K	$953K	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004975	+0.037%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0197%	8h	0.000004974	+0.008%	$44.6M	$735.9M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0312%	1h	0.000004981	+0.147%	$77K	$997K	15x	as long as short
BloFin PEPE-USDT	+0.0320%	8h	0.000004980	+0.129%	$4.3M	$29.1M	75x	as long as short
Injective PEPE/USDC PERP	+0.0363%	1h	0.000004963	−0.213%	$5K	$121K	12x	as long as short
Orderly PERP_1000PEPE_USDClong	+0.0391%	8h	0.000004974	long leg	$32K	$30K	20x
Extended 1000PEPE-USD	+0.0392%	1h	0.000004972	−0.033%	$522K	$285K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0392%	1h	0.000004971	−0.052%	$141K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0394%	8h	0.000004975	+0.023%	$129.1M	$1.54B	75x	as long as short
MEXC PEPE_USDT	+0.0398%	8h	0.000004972	−0.030%	$101.7M	$307.3M	300x	as long as short
Aster 1000PEPEUSDT	+0.0399%	8h	0.000004974	+0.011%	$1.8M	$12.4M	50x	as long as short
BingX 1000PEPE-USDC	+0.0403%	8h	0.000004978	+0.078%	—	$2.3M	—	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004976	+0.048%	$696K	$39.1M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0885% / S −0.1012%	1h	0.000004000	−19.575%	$51K	—	100x	as long as short
dYdX PEPE-USD	+0.8550%	1h	0.000004975	+0.029%	$25K	$12K	10x	as long as short