PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0265%/8h= +29.0% APRnext payment +$2.65 per $10,000 · paid last 24h −0.003%

Price spread now: Binance against Paradex−0.256%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Binance

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

Funding pays, the price is against you. Binance is 0.256% cheaper against Paradex than usual: you would sell low and buy high (spread −0.256% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 3.2 days of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex kPEPE-USD-PERP	0.000005110	0.0507	pay 0.0507% / 8h	1h 36m	$6K	—	20x
Short	Binance 1000PEPEUSDT	0.000005097	0.0771	get 0.0771% / 8h	1h 36m	$140.5M	$1.46B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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 ParadexbpFee BinancebpOrdersPrice spread, now −0.256%Rate

Funding earned: $55.55
Price spread: −0.256% → 0.000%: −$25.56
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: $15.99
Costs to cover: 0.140%
Break-even: 5.0 days

Slippage unknown: Paradex: no order-book sample; Binance: 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 Paradex no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	0.39 bp	7.8 bp −$8	12.6 bp −$126	32.1 bp −$3,215	doesn't fit

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 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
Injective PEPE/USDC PERP	−0.0016%	1h	0.000005141	+0.602%	$9K	$120K	12x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000005088	−0.443%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0008%	1h	0.000005090	−0.405%	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005115	+0.094%	$59K	$181K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005094	−0.310%	$100.4M	$417.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005091	−0.376%	$162.5M	$96.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005111	+0.021%	$25.8M	$72.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005155	+0.868%	$615K	$5.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005136	+0.513%	$28K	$541K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005131	+0.399%	$1K	$2.6M	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	0.000005127	+0.332%	$594K	$4.2M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0161%	1h	0.000005128	+0.348%	$2K	$11K	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005090	−0.392%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0294%	8h	0.000005090	−0.402%	$45.5M	$215.1M	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0347%	1h	0.000005157	+0.915%	$156K	$822K	25x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0386%	8h	0.000005094	−0.310%	$34K	$26K	20x	as long as short
Backpack kPEPE_USDC_PERP	+0.0391%	1h	0.000005113	+0.049%	$74K	$855K	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0412%	8h	0.000005093	−0.337%	$47.3M	$721.6M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0455%	1h	0.000005126	+0.304%	$4.6M	$16.9M	50x	as long as short
Paradex kPEPE-USD-PERPlong	+0.0507%	8h	0.000005110	long leg	$6K	—	20x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0531%	1h	0.000005126	+0.309%	$73K	$127K	25x	as long as short
BloFin PEPE-USDT	+0.0541%	8h	0.000005115	+0.094%	$4.5M	$29.4M	75x	as long as short
Lighter 1000PEPE	+0.0560%	1h	0.000005112	+0.035%	$609K	$9.0M	10x	as long as short
Phemex u1000PEPEUSDT	+0.0597%	8h	0.000005120	+0.193%	$2.4M	$8.0M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0624%	1h	0.000005125	+0.289%	$672K	$38.6M	50x	as long as short
01 Exchange kPEPEUSD	+0.0680%	1h	0.000005121	+0.211%	$618	$3K	10x	as long as short
BingX 1000PEPE-USDC	+0.0735%	8h	0.000005092	−0.355%	—	$2.3M	—	as long as short
Nado kPEPE-PERP	+0.0752%	1h	0.000005090	−0.391%	$164K	$959K	10x	as long as short
Extended 1000PEPE-USD	+0.0768%	1h	0.000005111	+0.010%	$541K	$286K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0768%	1h	0.000005130	+0.387%	$145K	—	3x	as long as short
MEXC PEPE_USDT	+0.0769%	8h	0.000005093	−0.335%	$97.4M	$303.8M	300x	as long as short
Binance 1000PEPEUSDTshort	+0.0771%	8h	0.000005097	−0.256%	$140.5M	$1.46B	75x
Aster 1000PEPEUSDT	+0.0774%	8h	0.000005098	−0.241%	$1.8M	$11.7M	50x	as long as short
Hyperliquid kPEPE	+0.0970%	1h	0.000005097	−0.259%	$54.4M	$155.3M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1131% / S −0.2257%	1h	0.000005000	−2.157%	$64K	—	100x	as long as short