PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0314%/8h= +34.4% APRnext payment +$3.14 per $10,000 · paid last 24h +0.017%

Price spread now: Orderly against Bybit−0.122%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.122% cheaper against Bybit than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 31 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit 1000PEPEUSDT	0.000005163	0.0100	pay 0.0100% / 8h	12m 43s	$99.5M	$430.5M	50x
Short	Orderly PERP_1000PEPE_USDC	0.000005157	0.0414	get 0.0414% / 8h	12m 43s	$34K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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 BybitbpFee OrderlybpOrdersPrice spread, now −0.122%Rate

Funding earned: $66.01
Price spread: −0.122% → 0.000%: −$12.2
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: $36.8
Costs to cover: 0.170%
Break-even: 3.1 days

Slippage unknown: Bybit: live order book, 1 min ago; Orderly: 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 Bybit live order book, 1 min ago	0.97 bp	8.2 bp −$8	12.4 bp −$124	28.3 bp −$2,828	118.4 bp −$59.2K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	0.000005162	−0.024%	$19K	$649	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0008%	1h	0.000005150	−0.252%	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005168	+0.097%	$60K	$184K	10x	as long as short
Bybit 1000PEPEUSDTlong	+0.0100%	8h	0.000005163	long leg	$99.5M	$430.5M	50x
Gate PEPE_USDT	+0.0100%	8h	0.000005161	−0.039%	$163.6M	$99.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005150	−0.258%	$613K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005148	−0.291%	$28K	$549K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005153	−0.201%	$1K	$2.7M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005158	−0.105%	$603K	$4.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0127%	8h	0.000005167	+0.085%	$27.0M	$74.2M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX 1000PEPE-USD	+0.0133%	1h	0.000005158	−0.097%	$2K	$11K	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005156	−0.142%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0248%	8h	0.000005164	+0.027%	$46.4M	$220.3M	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0327%	1h	0.000005145	−0.349%	$149K	$834K	25x	as long as short
OKX PEPE-USDT-SWAP	+0.0362%	8h	0.000005166	+0.058%	$47.9M	$750.2M	50x	as long as short
Injective PEPE/USDC PERP	+0.0404%	1h	0.000005142	−0.407%	$8K	$120K	12x	as long as short
Orderly PERP_1000PEPE_USDCshort	+0.0414%	8h	0.000005157	−0.122%	$34K	$26K	20x
Phemex u1000PEPEUSDT	+0.0455%	8h	0.000005153	−0.184%	$2.4M	$8.1M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0463%	8h	0.000005165	+0.034%	$6K	—	20x	as long as short
BloFin PEPE-USDT	+0.0482%	8h	0.000005161	−0.039%	$4.5M	$30.4M	75x	as long as short
Backpack kPEPE_USDC_PERP	+0.0500%	1h	0.000005160	−0.064%	$78K	$891K	15x	as long as short
Lighter 1000PEPE	+0.0528%	1h	0.000005167	+0.077%	$620K	$9.1M	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0544%	1h	0.000005148	−0.291%	$673K	$39.8M	50x	as long as short
BingX 1000PEPE-USDC	+0.0686%	8h	0.000005148	−0.283%	—	$2.3M	—	as long as short
01 Exchange kPEPEUSD	+0.0704%	1h	0.000005155	−0.155%	$622	$2K	10x	as long as short
MEXC PEPE_USDT	+0.0711%	8h	0.000005164	+0.025%	$101.7M	$309.0M	300x	as long as short
Nado kPEPE-PERP	+0.0711%	1h	0.000005151	−0.240%	$166K	$958K	10x	as long as short
Binance 1000PEPEUSDT	+0.0712%	8h	0.000005167	+0.070%	$142.2M	$1.50B	75x	as long as short
Kraken Futures PF_PEPEUSD	+0.0712%	1h	0.000005155	−0.154%	$4.8M	$16.7M	50x	as long as short
Extended 1000PEPE-USD	+0.0712%	1h	0.000005164	+0.025%	$542K	$282K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0712%	1h	0.000005159	−0.077%	$146K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0717%	8h	0.000005166	+0.057%	$1.7M	$12.0M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0720%	1h	0.000005159	−0.077%	$74K	$127K	25x	as long as short
Hyperliquid kPEPE	+0.0919%	1h	0.000005172	+0.174%	$53.8M	$159.3M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1068% / S −0.1281%	1h	0.000005000	−3.157%	$50K	—	100x	as long as short