PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.08 per $10,000 · paid last 24h +0.128%

Price spread now: 01 Exchange against Reya+0.050%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 01 Exchange

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 airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. 01 Exchange is 0.050% dearer against Reya than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya kPEPERUSDPERP	0.000004953	0.0189	pay 0.0024% / 1h	9m 23s	$7K	—	15x
Short	01 Exchange kPEPEUSD	0.000004955	0.0128	get 0.0016% / 1h	9m 23s	$598	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.050%Rate

Funding earned: −$12.86
Price spread: +0.050% → 0.000%: $4.96
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$20.91
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample	—	—	—	—	—

Reya and 01 Exchange: 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 exchanges

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
Kraken Futures PF_PEPEUSD	−0.0232%	1h	0.000004951	−0.027%	$4.5M	$16.0M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	0.0000%	1h	0.000004954	+0.029%	$61K	$119K	25x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0007%	1h	0.000004952	−0.013%	$4K	—	150x	as long as short
Lighter 1000PEPE	+0.0096%	1h	0.000004968	+0.312%	$638K	$9.1M	10x	as long as short
Aevo 1000PEPE-PERP	+0.0096%	1h	0.000004956	+0.070%	$140K	—	3x	as long as short
Nado kPEPE-PERP	+0.0100%	1h	0.000004958	+0.119%	$140K	$913K	10x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004955	+0.050%	$50.7M	$156.3M	10x	as long as short
Aster 1000PEPEUSDT	+0.0100%	8h	0.000004959	+0.121%	$1.7M	$12.7M	50x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004962	+0.191%	$59K	$198K	10x	as long as short
Binance 1000PEPEUSDT	+0.0100%	8h	0.000004954	+0.028%	$128.0M	$1.54B	75x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004953	+0.001%	$92.9M	$446.8M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	0.000004953	+0.009%	$44.9M	$723.4M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004953	+0.009%	$149.5M	$104.5M	75x	as long as short
MEXC PEPE_USDT	+0.0100%	8h	0.000004957	+0.084%	$100.6M	$293.5M	300x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004957	+0.082%	$24.8M	$76.4M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004954	+0.023%	$43.6M	$235.9M	75x	as long as short
BingX 1000PEPE-USDC	+0.0100%	8h	0.000004954	+0.033%	—	$2.3M	—	as long as short
Backpack kPEPE_USDC_PERP	+0.0100%	1h	0.000004955	+0.054%	$74K	$1.0M	15x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004954	+0.032%	$680K	$5.2M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004969	+0.339%	$26K	$575K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004959	+0.130%	$109K	$873K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004973	+0.411%	$1K	$2.5M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004955	+0.050%	$2K	$11K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004958	+0.100%	$581K	$4.2M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000004952	−0.011%	$2.3M	$8.0M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0103%	8h	0.000004956	+0.071%	$15K	$5K	20x	as long as short
Extended 1000PEPE-USD	+0.0104%	1h	0.000004951	−0.025%	$520K	$288K	25x	as long as short
01 Exchange kPEPEUSDshort	+0.0128%	1h	0.000004955	+0.050%	$598	$2K	10x
Injective PEPE/USDC PERP	+0.0176%	1h	0.000004904	−0.980%	$3K	$123K	12x	as long as short
Reya kPEPERUSDPERPlong	+0.0189%	1h	0.000004953	long leg	$7K	—	15x
Orderly PERP_1000PEPE_USDC	+0.0197%	8h	0.000004951	−0.033%	$31K	$30K	20x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	0.000004960	+0.151%	$4.3M	$28.0M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0320%	1h	0.000004955	+0.050%	$699K	$38.7M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0704% / S −0.0635%	1h	0.000004000	−19.233%	$55K	—	100x	as long as short
dYdX PEPE-USD	+0.5045%	1h	0.000004962	+0.194%	$25K	$18K	10x	as long as short