PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.026%

Price spread now: Reya against Pacifica−0.286%48s7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Reya is 0.286% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.286% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 11 days of funding at the current rate (+$3 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kPEPE	0.000005066	0.0100	pay 0.0013% / 1h	40m 47s	$64K	$135K	10x
Short	Reya kPEPERUSDPERP	0.000005051	0.0189	get 0.0024% / 1h	40m 47s	$8K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Pacifica. 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 PacificabpFee ReyabpOrdersPrice spread, now −0.286%Rate

Funding earned: $18.64
Price spread: −0.286% → 0.000%: −$28.63
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: −$23.98
Costs to cover: 0.140%
Break-even: 16.0 days

Slippage unknown: Pacifica: live order book, 22 min ago; Reya: 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 Pacifica live order book, 22 min ago	6.84 bp	15.1 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	0.000005060	−0.109%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005046	−0.389%	$15K	—	150x	as long as short
Pacifica kPEPElong	+0.0100%	1h	0.000005066	long leg	$64K	$135K	10x
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005062	−0.079%	$98.9M	$333.7M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005063	−0.059%	$165.9M	$73.9M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005060	−0.124%	$25.5M	$62.1M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005067	+0.012%	$46.5M	$171.1M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005050	−0.325%	$680K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005064	−0.040%	$27K	$422K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005059	−0.142%	$1K	$2.4M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005054	−0.237%	$577K	$3.6M	75x	as long as short
Reya kPEPERUSDPERPshort	+0.0189%	1h	0.000005051	−0.286%	$8K	—	15x
OKX PEPE-USDT-SWAP	+0.0301%	8h	0.000005066	0.000%	$46.0M	$585.3M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0314%	8h	0.000005052	−0.276%	$33K	$24K	20x	as long as short
BloFin PEPE-USDT	+0.0420%	8h	0.000005057	−0.178%	$4.4M	$25.2M	75x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0543%	1h	0.000005050	−0.316%	$61K	$114K	25x	as long as short
BingX 1000PEPE-USDT	+0.0562%	8h	0.000005065	−0.012%	—	$260.8M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0569% / S −0.0874%	1h	0.000005000	−1.303%	$49K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0576%	1h	0.000005053	−0.257%	$836K	$31.0M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0583%	1h	0.000005053	−0.257%	$2K	$12K	10x	as long as short
Aevo 1000PEPE-PERP	+0.0592%	1h	0.000005053	−0.257%	$143K	—	3x	as long as short
Extended 1000PEPE-USD	+0.0600%	1h	0.000005064	−0.038%	$536K	$221K	25x	as long as short
MEXC PEPE_USDT	+0.0601%	8h	0.000005068	+0.039%	$96.4M	$287.6M	300x	as long as short
Binance 1000PEPEUSDT	+0.0603%	8h	0.000005069	+0.058%	$142.1M	$1.20B	75x	as long as short
Phemex u1000PEPEUSDT	+0.0657%	8h	0.000005062	−0.085%	$2.4M	$7.0M	50x	as long as short
Aster 1000PEPEUSDT	+0.0697%	8h	0.000005070	+0.072%	$1.8M	$9.0M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0753%	8h	0.000005062	−0.084%	$6K	—	20x	as long as short
Nado kPEPE-PERP	+0.0919%	1h	0.000005055	−0.221%	$184K	$866K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0940%	1h	0.000005059	−0.134%	$100K	$617K	15x	as long as short
Injective PEPE/USDC PERP	+0.0973%	1h	0.000005105	+0.770%	$4K	$102K	12x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0992%	1h	0.000005065	−0.020%	$99K	$752K	25x	as long as short
01 Exchange kPEPEUSD	+0.1000%	1h	0.000005056	−0.197%	$610	$3K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1377%	1h	0.000005053	−0.249%	$4.2M	$15.1M	50x	as long as short
Lighter 1000PEPE	+0.1536%	1h	0.000005066	0.000%	$719K	$8.0M	10x	as long as short
Hyperliquid kPEPE	+0.1815%	1h	0.000005068	+0.039%	$55.7M	$137.4M	10x	as long as short