PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h −0.042%

Price spread now: OKX against Paradex+0.616%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 OKX

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. OKX is 0.616% dearer against Paradex than usual: you sell high and buy low (spread +0.616% now, against zero (this spread has no 7-day history yet)): +$62 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 24 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex kPEPE-USD-PERP	0.000005127	0.0429	pay 0.0429% / 8h	7h 48m	$6K	—	20x
Short	OKX PEPE-USDT-SWAP	0.000005159	0.0344	get 0.0344% / 8h	7h 48m	$47.5M	$754.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.616%Rate

Funding earned: −$17.96
Price spread: +0.616% → 0.000%: $61.63
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: $29.67
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago	0.98 bp	8.2 bp −$8	12.8 bp −$128	41.2 bp −$4,115	143.7 bp −$71.9K

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	0.000005123	−0.083%	$19K	$649	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0008%	1h	0.000005139	+0.224%	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005128	+0.012%	$60K	$186K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005157	+0.573%	$99.3M	$435.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005142	+0.285%	$163.6M	$99.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005142	+0.278%	$636K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005125	−0.038%	$28K	$549K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005135	+0.152%	$1K	$2.7M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005147	+0.376%	$602K	$4.2M	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0134%	1h	0.000005124	−0.066%	$149K	$836K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective PEPE/USDC PERP	+0.0147%	1h	0.000005129	+0.031%	$8K	$120K	12x	as long as short
KuCoin PEPEUSDTM	+0.0158%	8h	0.000005146	+0.353%	$26.9M	$74.7M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005140	+0.247%	$8K	—	15x	as long as short
SoDEX 1000PEPE-USD	+0.0194%	1h	0.000005142	+0.285%	$2K	$11K	10x	as long as short
Bitget PEPEUSDT	+0.0224%	8h	0.000005156	+0.566%	$46.3M	$222.0M	75x	as long as short
OKX PEPE-USDT-SWAPshort	+0.0344%	8h	0.000005159	+0.616%	$47.5M	$754.0M	50x
Phemex u1000PEPEUSDT	+0.0352%	8h	0.000005145	+0.343%	$2.4M	$8.1M	50x	as long as short
Paradex kPEPE-USD-PERPlong	+0.0429%	8h	0.000005127	long leg	$6K	—	20x
Orderly PERP_1000PEPE_USDC	+0.0430%	8h	0.000005144	+0.326%	$34K	$26K	20x	as long as short
BloFin PEPE-USDT	+0.0466%	8h	0.000005128	+0.012%	$4.5M	$30.4M	75x	as long as short
Backpack kPEPE_USDC_PERP	+0.0468%	1h	0.000005149	+0.429%	$77K	$895K	15x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0504%	1h	0.000005124	−0.066%	$668K	$39.8M	50x	as long as short
01 Exchange kPEPEUSD	+0.0552%	1h	0.000005138	+0.207%	$620	$2K	10x	as long as short
Hyperliquid kPEPE	+0.0586%	1h	0.000005149	+0.421%	$53.3M	$159.9M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0617%	1h	0.000005138	+0.205%	$4.8M	$16.7M	50x	as long as short
Nado kPEPE-PERP	+0.0638%	1h	0.000005143	+0.299%	$163K	$964K	10x	as long as short
BingX 1000PEPE-USDT	+0.0648%	8h	0.000005146	+0.373%	—	$175.8M	—	as long as short
Lighter 1000PEPE	+0.0664%	1h	0.000005146	+0.363%	$623K	$9.0M	10x	as long as short
Binance 1000PEPEUSDT	+0.0677%	8h	0.000005156	+0.567%	$142.4M	$1.51B	75x	as long as short
Extended 1000PEPE-USD	+0.0680%	1h	0.000005156	+0.567%	$539K	$280K	25x	as long as short
MEXC PEPE_USDT	+0.0680%	8h	0.000005146	+0.353%	$100.5M	$306.1M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0680%	1h	0.000005142	+0.285%	$145K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0694%	8h	0.000005155	+0.535%	$1.7M	$12.0M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0724%	1h	0.000005141	+0.265%	$73K	$128K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1020% / S −0.1149%	1h	0.000005000	−2.485%	$51K	—	100x	as long as short