PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0465%/8h= −50.9% APRnext payment −$4.65 per $10,000 · paid last 24h −0.044%

Price spread now: Gate against Paradex+0.108%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Gate

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. Gate is 0.108% dearer against Paradex than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex kPEPE-USD-PERP	0.000005062	0.0565	pay 0.0565% / 8h	2h 21m	$6K	—	20x
Short	Gate PEPE_USDT	0.000005067	0.0100	get 0.0100% / 8h	2h 21m	$162.3M	$94.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.108%Rate

Funding earned: −$97.71
Price spread: +0.108% → 0.000%: $10.79
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$105.92
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Gate: 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 Gate live order book, 2 min ago	1.99 bp	11.4 bp −$11	15.3 bp −$153	78.2 bp −$7,819	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	0.000005064	+0.048%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0001%	1h	0.000005035	−0.520%	$6K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005069	+0.147%	$58K	$177K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005070	+0.159%	$99.3M	$405.9M	50x	as long as short
Gate PEPE_USDTshort	+0.0100%	8h	0.000005067	+0.108%	$162.3M	$94.4M	75x
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005068	+0.122%	$25.1M	$71.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005002	−1.183%	$598K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005026	−0.693%	$28K	$538K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005049	−0.246%	$1K	$2.6M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005040	−0.430%	$564K	$4.1M	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	0.000005072	+0.199%	$8K	—	15x	as long as short
SoDEX 1000PEPE-USD	+0.0221%	1h	0.000005048	−0.268%	$2K	$10K	10x	as long as short
Bitget PEPEUSDT	+0.0333%	8h	0.000005073	+0.226%	$45.4M	$210.8M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0396%	8h	0.000005044	−0.354%	$33K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0420%	8h	0.000005074	+0.246%	$46.8M	$695.7M	50x	as long as short
BloFin PEPE-USDT	+0.0549%	8h	0.000005021	−0.801%	$4.4M	$28.0M	75x	as long as short
Paradex kPEPE-USD-PERPlong	+0.0565%	8h	0.000005062	long leg	$6K	—	20x
Backpack kPEPE_USDC_PERP	+0.0639%	1h	0.000005047	−0.293%	$73K	$832K	15x	as long as short
Phemex u1000PEPEUSDT	+0.0649%	8h	0.000005040	−0.430%	$2.4M	$7.9M	50x	as long as short
Lighter 1000PEPE	+0.0672%	1h	0.000005073	+0.226%	$601K	$9.1M	10x	as long as short
01 Exchange kPEPEUSD	+0.0672%	1h	0.000005076	+0.286%	$612	$3K	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0680%	1h	0.000005045	−0.327%	$643K	$37.1M	50x	as long as short
Nado kPEPE-PERP	+0.0683%	1h	0.000005071	+0.195%	$168K	$944K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0717%	1h	0.000005024	−0.742%	$154K	$813K	25x	as long as short
BingX 1000PEPE-USDT	+0.0751%	8h	0.000005070	+0.171%	—	$239.3M	—	as long as short
Extended 1000PEPE-USD	+0.0792%	1h	0.000005071	+0.177%	$536K	$277K	25x	as long as short
MEXC PEPE_USDT	+0.0792%	8h	0.000005075	+0.266%	$96.9M	$302.5M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0792%	1h	0.000005042	−0.386%	$143K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0792%	8h	0.000005072	+0.211%	$142.2M	$1.41B	75x	as long as short
Aster 1000PEPEUSDT	+0.0840%	8h	0.000005068	+0.134%	$1.8M	$11.2M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0846%	1h	0.000005049	−0.256%	$4.6M	$16.7M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0941%	1h	0.000005042	−0.386%	$72K	$127K	25x	as long as short
Hyperliquid kPEPE	+0.0993%	1h	0.000005077	+0.305%	$53.8M	$152.6M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1129% / S −0.2171%	1h	0.000005000	−1.216%	$63K	—	100x	as long as short
Injective PEPE/USDC PERP	+0.1379%	1h	0.000004992	−1.374%	$3K	$111K	12x	as long as short