PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0564%/8h= −61.8% APRnext payment −$5.64 per $10,000 · paid last 24h −0.040%

Price spread now: Bitget against Paradex−0.215%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 Bitget

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

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bitget is 0.215% cheaper against Paradex than usual: you would sell low and buy high (−$21 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	Paradex kPEPE-USD-PERP	0.000005271	0.0796	pay 0.0796% / 8h	4h 02m	$6K	—	20x
Short	Bitget PEPEUSDT	0.000005260	0.0232	get 0.0232% / 8h	4h 02m	$48.4M	$183.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.215%Rate

Funding earned: −$118.51
Price spread: −0.215% → 0.000%: −$21.48
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$155.99
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago	2.38 bp	11.0 bp −$11	15.6 bp −$156	doesn't fit	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
dYdX PEPE-USD	0.0000%	1h	0.000005255	−0.301%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005255	−0.296%	$15K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005257	−0.264%	$68K	$147K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005255	−0.302%	$102.9M	$364.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005252	−0.359%	$171.4M	$83.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005257	−0.257%	$27.0M	$66.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005177	−1.790%	$822K	$4.9M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005181	−1.700%	$37K	$491K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005267	−0.065%	$2K	$2.5M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005250	−0.389%	$612K	$3.8M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005257	−0.257%	$8K	—	15x	as long as short
Bitget PEPEUSDTshort	+0.0232%	8h	0.000005260	−0.215%	$48.4M	$183.1M	75x
Injective PEPE/USDC PERP	+0.0254%	1h	0.000005255	−0.302%	$3K	$110K	12x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0366%	8h	0.000005263	−0.148%	$35K	$25K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0400%	8h	0.000005261	−0.188%	$50.8M	$654.7M	50x	as long as short
BloFin PEPE-USDT	+0.0525%	8h	0.000005259	−0.226%	$4.6M	$27.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0617%	8h	0.000005256	−0.291%	$2.6M	$7.3M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0672%	1h	0.000005251	−0.378%	$769K	$35.4M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0701%	1h	0.000005260	−0.207%	$75K	$126K	25x	as long as short
BingX 1000PEPE-USDT	+0.0728%	8h	0.000005262	−0.162%	—	$263.3M	—	as long as short
SoDEX 1000PEPE-USD	+0.0765%	1h	0.000005263	−0.150%	$2K	$10K	10x	as long as short
MEXC PEPE_USDT	+0.0767%	8h	0.000005260	−0.211%	$101.5M	$294.2M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0768%	1h	0.000005257	−0.264%	$149K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0776%	8h	0.000005268	−0.063%	$151.4M	$1.28B	75x	as long as short
Extended 1000PEPE-USD	+0.0776%	1h	0.000005262	−0.178%	$557K	$226K	25x	as long as short
Paradex kPEPE-USD-PERPlong	+0.0796%	8h	0.000005271	long leg	$6K	—	20x
Lighter 1000PEPE	+0.0808%	1h	0.000005259	−0.226%	$645K	$8.4M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0844% / S −0.1715%	1h	0.000005000	−5.140%	$64K	—	100x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0872%	1h	0.000005178	−1.763%	$104K	$746K	25x	as long as short
Aster 1000PEPEUSDT	+0.0898%	8h	0.000005263	−0.153%	$1.9M	$9.8M	50x	as long as short
Nado kPEPE-PERP	+0.0932%	1h	0.000005261	−0.185%	$184K	$909K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.1117%	1h	0.000005263	−0.156%	$84K	$715K	15x	as long as short
01 Exchange kPEPEUSD	+0.1120%	1h	0.000005272	+0.020%	$636	$3K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1238%	1h	0.000005261	−0.183%	$4.8M	$16.2M	50x	as long as short
Hyperliquid kPEPE	+0.1562%	1h	0.000005265	−0.112%	$57.1M	$143.2M	10x	as long as short