PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0635%/8h= +69.6% APRnext payment +$0.79 per $10,000 · paid last 24h +0.010%

Price spread now: Aevo against Reya+0.088%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Aevo

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 airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Aevo is 0.088% dearer against Reya than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya kPEPERUSDPERP	0.000004819	0.0189	pay 0.0024% / 1h	30m 43s	$7K	—	15x
Short	Aevo 1000PEPE-PERP	0.000004823	0.0824	get 0.0103% / 1h	30m 43s	$136K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Reya. 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 ReyabpFee AevobpOrdersPrice spread, now +0.088%Rate

Funding earned: $133.44
Price spread: +0.088% → 0.000%: $8.76
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: $120.19
Costs to cover: 0.220%
Break-even: 0.7 days

Slippage unknown: Reya: no order-book sample; Aevo: live order book, 53 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 Reya no order-book sample	—	—	—	—	—
Sell Aevo live order book, 53 min ago	408.35 bp	2936.7 bp −$2,937	doesn't fit	doesn't fit	doesn't fit

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	0.000004808	−0.225%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004815	−0.072%	$14K	—	150x	as long as short
Lighter 1000PEPE	+0.0096%	1h	0.000004816	−0.058%	$576K	$5.6M	10x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004809	−0.203%	$62.0M	$79.2M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004813	−0.120%	$60K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004812	−0.143%	$87.0M	$280.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004809	−0.203%	$150.4M	$62.7M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004814	−0.107%	$24.8M	$54.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004851	+0.667%	$581K	$4.0M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004832	+0.269%	$27K	$344K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004830	+0.227%	$2K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004816	−0.058%	$2K	$11K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004825	+0.119%	$546K	$3.5M	75x	as long as short
Bitget PEPEUSDT	+0.0148%	8h	0.000004810	−0.178%	$42.3M	$151.7M	75x	as long as short
Reya kPEPERUSDPERPlong	+0.0189%	1h	0.000004819	long leg	$7K	—	15x
OKX PEPE-USDT-SWAP	+0.0203%	8h	0.000004814	−0.099%	$41.7M	$491.3M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0213% / S −0.0092%	1h	0.000004000	−16.991%	$54K	—	100x	as long as short
BloFin PEPE-USDT	+0.0325%	8h	0.000004819	+0.005%	$3.9M	$22.1M	75x	as long as short
Paradex kPEPE-USD-PERP	+0.0352%	8h	0.000004814	−0.095%	$5K	$16	20x	as long as short
Phemex u1000PEPEUSDT	+0.0399%	8h	0.000004812	−0.141%	$2.3M	$6.4M	50x	as long as short
01 Exchange kPEPEUSD	+0.0440%	1h	0.000004824	+0.108%	$553	$2K	10x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0445%	8h	0.000004818	−0.024%	$29K	$11K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0448%	1h	0.000004815	−0.078%	$595K	$25.6M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0580%	1h	0.000004815	−0.072%	$92K	$615K	15x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0581%	1h	0.000004816	−0.058%	$81K	$94K	25x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0656%	1h	0.000004829	+0.212%	$103K	$764K	25x	as long as short
Nado kPEPE-PERP	+0.0743%	1h	0.000004820	+0.028%	$185K	$855K	10x	as long as short
BingX 1000PEPE-USDT	+0.0799%	8h	0.000004813	−0.128%	—	$256.2M	—	as long as short
Binance 1000PEPEUSDT	+0.0811%	8h	0.000004816	−0.059%	$130.4M	$1.04B	75x	as long as short
MEXC PEPE_USDT	+0.0815%	8h	0.000004812	−0.143%	$91.1M	$284.0M	300x	as long as short
Extended 1000PEPE-USD	+0.0816%	1h	0.000004812	−0.143%	$529K	$148K	25x	as long as short
Aevo 1000PEPE-PERPshort	+0.0824%	1h	0.000004823	+0.088%	$136K	—	3x
Aster 1000PEPEUSDT	+0.0837%	8h	0.000004816	−0.051%	$1.5M	$7.0M	50x	as long as short
Injective PEPE/USDC PERP	+0.0873%	1h	0.000004825	+0.129%	$4K	$103K	12x	as long as short
Kraken Futures PF_PEPEUSD	+0.1325%	1h	0.000004816	−0.063%	$3.9M	$13.3M	50x	as long as short