PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.076%

Price spread now: Paradex against Gate−0.159%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Paradex

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

Funding pays, the price is against you. Paradex is 0.159% cheaper against Gate than usual: you would sell low and buy high (spread −0.159% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 55 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PEPE_USDT	0.000004953	0.0100	pay 0.0100% / 8h	5h 48m	$152.4M	$102.1M	75x
Short	Paradex kPEPE-USD-PERP	0.000004945	0.0110	get 0.0110% / 8h	5h 48m	$6K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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 GatebpFee ParadexbpOrdersPrice spread, now −0.159%Rate

Funding earned: $2.01
Price spread: −0.159% → 0.000%: −$15.91
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$32.9
Costs to cover: 0.190%
Break-even: 121.3 days

Slippage unknown: Gate: live order book, 3 min ago; Paradex: 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 Gate live order book, 3 min ago	1.01 bp	12.8 bp −$13	18.4 bp −$184	64.6 bp −$6,460	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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 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	−0.0370%	1h	0.000004955	+0.040%	$4.6M	$15.8M	50x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000004943	−0.196%	$3K	—	150x	as long as short
01 Exchange kPEPEUSD	+0.0056%	1h	0.000004940	−0.262%	$596	$2K	10x	as long as short
Lighter 1000PEPE	+0.0096%	1h	0.000004954	+0.020%	$597K	$9.0M	10x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004953	0.000%	$50.1M	$155.1M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004951	−0.040%	$57K	$194K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004947	−0.111%	$94.1M	$442.1M	50x	as long as short
Gate PEPE_USDTlong	+0.0100%	8h	0.000004953	long leg	$152.4M	$102.1M	75x
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004955	+0.048%	$24.9M	$75.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004947	−0.121%	$43.5M	$231.0M	75x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack kPEPE_USDC_PERP	+0.0100%	1h	0.000004955	+0.042%	$75K	$990K	15x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004937	−0.318%	$642K	$5.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004941	−0.244%	$27K	$571K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004944	−0.182%	$143K	$850K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004953	−0.010%	$2K	$2.5M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004955	+0.040%	$2K	$11K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004946	−0.131%	$580K	$4.2M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000004958	+0.103%	$2.3M	$7.9M	50x	as long as short
Nado kPEPE-PERP	+0.0103%	1h	0.000004942	−0.223%	$146K	$943K	10x	as long as short
Paradex kPEPE-USD-PERPshort	+0.0110%	8h	0.000004945	−0.159%	$6K	—	20x
OKX PEPE-USDT-SWAP	+0.0126%	8h	0.000004949	−0.081%	$44.4M	$720.5M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0154%	1h	0.000004951	−0.040%	$57K	$115K	25x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004938	−0.307%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0252%	8h	0.000004945	−0.162%	$4.3M	$28.7M	75x	as long as short
Binance 1000PEPEUSDT	+0.0260%	8h	0.000004955	+0.036%	$128.4M	$1.52B	75x	as long as short
Extended 1000PEPE-USD	+0.0264%	1h	0.000004946	−0.132%	$518K	$285K	25x	as long as short
MEXC PEPE_USDT	+0.0265%	8h	0.000004943	−0.210%	$101.8M	$295.3M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0272%	1h	0.000004949	−0.081%	$140K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0273%	8h	0.000004956	+0.056%	$1.7M	$12.5M	50x	as long as short
Injective PEPE/USDC PERP	+0.0284%	1h	0.000004946	−0.141%	$4K	$122K	12x	as long as short
BingX 1000PEPE-USDC	+0.0292%	8h	0.000004948	−0.095%	—	$2.3M	—	as long as short
dYdX PEPE-USD	+0.0333%	1h	0.000004951	−0.050%	$25K	$18K	10x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0339%	8h	0.000004952	−0.026%	$32K	$30K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0400%	1h	0.000004950	−0.061%	$732K	$38.9M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0839% / S −0.0953%	1h	0.000004000	−19.241%	$50K	—	100x	as long as short