PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0627%/8h= −68.7% APRnext payment −$0.78 per $10,000 · paid last 24h −0.017%

Price spread now: 01 Exchange against Hyperliquid+0.040%7-day average — · you sell dearer than you buy

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

Long on Hyperliquid 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 airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. 01 Exchange is 0.040% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid kPEPE	0.000005015	0.1587	pay 0.0198% / 1h	11m 58s	$53.6M	$139.6M	10x
Short	01 Exchange kPEPEUSD	0.000005017	0.0960	get 0.0120% / 1h	11m 58s	$605	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Hyperliquid. 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 HyperliquidbpFee 01 ExchangebpOrdersPrice spread, now +0.040%Rate

Funding earned: −$131.67
Price spread: +0.040% → 0.000%: $3.99
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$143.68
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 12 min ago; 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 Hyperliquid live order book, 12 min ago	2.98 bp	7.5 bp −$7	9.7 bp −$97	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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-USD	0.0000%	1h	0.000005001	−0.288%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005000	−0.303%	$15K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005008	−0.140%	$63K	$139K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005010	−0.092%	$97.2M	$340.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005004	−0.219%	$164.3M	$75.6M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005010	−0.106%	$25.8M	$63.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005042	+0.529%	$687K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005013	−0.047%	$27K	$445K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005015	−0.008%	$1K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005007	−0.166%	$569K	$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	+0.0127%	8h	0.000005017	+0.046%	$45.9M	$173.2M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005006	−0.173%	$8K	—	15x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0315%	8h	0.000005009	−0.118%	$33K	$24K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0340%	8h	0.000005015	0.000%	$45.5M	$586.8M	50x	as long as short
BloFin PEPE-USDT	+0.0462%	8h	0.000005002	−0.259%	$4.3M	$25.0M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0523%	1h	0.000005007	−0.160%	$2K	$12K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0550%	1h	0.000005007	−0.160%	$71K	$124K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0576%	1h	0.000005014	−0.020%	$940K	$31.4M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0576%	1h	0.000005011	−0.080%	$99K	$755K	25x	as long as short
BingX 1000PEPE-USDT	+0.0608%	8h	0.000005010	−0.100%	—	$261.3M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0629% / S −0.1007%	1h	0.000005000	−0.299%	$49K	—	100x	as long as short
Binance 1000PEPEUSDT	+0.0636%	8h	0.000005010	−0.097%	$140.2M	$1.21B	75x	as long as short
MEXC PEPE_USDT	+0.0638%	8h	0.000005015	+0.010%	$94.2M	$290.4M	300x	as long as short
Extended 1000PEPE-USD	+0.0640%	1h	0.000005016	+0.016%	$530K	$226K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0640%	1h	0.000005003	−0.239%	$141K	—	3x	as long as short
Phemex u1000PEPEUSDT	+0.0727%	8h	0.000005006	−0.177%	$2.4M	$7.1M	50x	as long as short
Aster 1000PEPEUSDT	+0.0732%	8h	0.000005007	−0.154%	$1.8M	$9.2M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0783%	8h	0.000005009	−0.124%	$6K	—	20x	as long as short
Nado kPEPE-PERP	+0.0802%	1h	0.000005006	−0.170%	$185K	$872K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0958%	1h	0.000005009	−0.120%	$92K	$632K	15x	as long as short
01 Exchange kPEPEUSDshort	+0.0960%	1h	0.000005017	+0.040%	$605	$3K	10x
Injective PEPE/USDC PERP	+0.0973%	1h	0.000005011	−0.080%	$4K	$102K	12x	as long as short
Lighter 1000PEPE	+0.1176%	1h	0.000005011	−0.080%	$663K	$8.1M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1390%	1h	0.000005005	−0.197%	$4.3M	$15.2M	50x	as long as short
Hyperliquid kPEPElong	+0.1587%	1h	0.000005015	long leg	$53.6M	$139.6M	10x