PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0968%/8h= +106.0% APRnext payment +$1.21 per $10,000 · paid last 24h +0.130%

Price spread now: 01 Exchange against dYdX+0.180%7-day average — · you sell dearer than you buy

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

Long on dYdX 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—needs both histories

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and 01 Exchange is 0.180% dearer against dYdX than usual: you sell high and buy low: +$18 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	dYdX PEPE-USD	0.000005001	0	get 0.0000% / 1h	28m 04s	$18K	$95	10x
Short	01 Exchange kPEPEUSD	0.000005010	0.0968	get 0.0121% / 1h	28m 04s	$604	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against dYdX. 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 dYdXbpFee 01 ExchangebpOrdersPrice spread, now +0.180%Rate

Funding earned: $203.28
Price spread: +0.180% → 0.000%: $18
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $204.28
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: dYdX: 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 dYdX no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

dYdX 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 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-USDlong	0.0000%	1h	0.000005001	long leg	$18K	$95	10x
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005004	+0.066%	$14K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005008	+0.140%	$63K	$138K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005004	+0.060%	$97.5M	$337.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005007	+0.120%	$163.4M	$75.0M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005010	+0.174%	$25.9M	$62.7M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005016	+0.309%	$676K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004991	−0.197%	$35K	$435K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005015	+0.280%	$2K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005003	+0.036%	$568K	$3.6M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEPEUSDT	+0.0103%	8h	0.000005010	+0.178%	$46.1M	$172.3M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005013	+0.241%	$8K	—	15x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0319%	8h	0.000005010	+0.176%	$33K	$24K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0324%	8h	0.000005013	+0.240%	$45.3M	$584.5M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0368%	1h	0.000005016	+0.300%	$98K	$753K	25x	as long as short
BloFin PEPE-USDT	+0.0442%	8h	0.000005003	+0.040%	$4.3M	$25.0M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0550%	1h	0.000005011	+0.200%	$2K	$12K	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0576%	1h	0.000005006	+0.100%	$916K	$31.1M	50x	as long as short
BingX 1000PEPE-USDT	+0.0581%	8h	0.000005010	+0.170%	—	$261.1M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0595% / S −0.1065%	1h	0.000005000	−0.020%	$47K	—	100x	as long as short
Extended 1000PEPE-USD	+0.0616%	1h	0.000005013	+0.242%	$530K	$226K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0616%	1h	0.000004994	−0.140%	$141K	—	3x	as long as short
MEXC PEPE_USDT	+0.0618%	8h	0.000005015	+0.280%	$93.9M	$289.3M	300x	as long as short
Binance 1000PEPEUSDT	+0.0618%	8h	0.000005005	+0.074%	$139.6M	$1.21B	75x	as long as short
Aster 1000PEPEUSDT	+0.0711%	8h	0.000005009	+0.162%	$1.8M	$9.1M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0749%	1h	0.000005008	+0.140%	$61K	$114K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0777%	8h	0.000005010	+0.179%	$6K	—	20x	as long as short
Nado kPEPE-PERP	+0.0848%	1h	0.000005007	+0.120%	$181K	$870K	10x	as long as short
Phemex u1000PEPEUSDT	+0.0852%	8h	0.000005012	+0.210%	$2.4M	$7.0M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0952%	1h	0.000005012	+0.216%	$94K	$626K	15x	as long as short
01 Exchange kPEPEUSDshort	+0.0968%	1h	0.000005010	+0.180%	$604	$3K	10x
Injective PEPE/USDC PERP	+0.0973%	1h	0.000005105	+2.080%	$4K	$102K	12x	as long as short
Lighter 1000PEPE	+0.1288%	1h	0.000005012	+0.220%	$687K	$8.1M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1389%	1h	0.000005008	+0.148%	$4.2M	$15.2M	50x	as long as short
Hyperliquid kPEPE	+0.1688%	1h	0.000005013	+0.240%	$53.5M	$139.3M	10x	as long as short