PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0185%/8h= −20.2% APRnext payment −$0.23 per $10,000 · paid last 24h −0.068%

Price spread now: 01 Exchange against Kraken Futures+0.160%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures 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

The price spread pays, funding is against you. 01 Exchange is 0.160% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.160% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_PEPEUSD	0.000005031	0.0849	pay 0.0106% / 1h	23m 54s	$4.6M	$16.7M	50x
Short	01 Exchange kPEPEUSD	0.000005039	0.0664	get 0.0083% / 1h	23m 54s	$608	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Kraken Futures. 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 Kraken FuturesbpFee 01 ExchangebpOrdersPrice spread, now +0.160%Rate

Funding earned: −$38.81
Price spread: +0.160% → 0.000%: $16
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$39.81
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago	5.71 bp	17.2 bp −$17	23.7 bp −$237	80.6 bp −$8,064	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	0.000005019	−0.236%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0001%	1h	0.000005026	−0.096%	$6K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005024	−0.138%	$57K	$177K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005025	−0.118%	$98.5M	$405.4M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005023	−0.158%	$162.0M	$94.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005026	−0.094%	$24.9M	$71.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005002	−0.582%	$598K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004994	−0.735%	$27K	$537K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005039	+0.158%	$1K	$2.6M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005031	−0.001%	$563K	$4.1M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005032	+0.022%	$8K	—	15x	as long as short
SoDEX 1000PEPE-USD	+0.0213%	1h	0.000005034	+0.061%	$2K	$10K	10x	as long as short
Bitget PEPEUSDT	+0.0333%	8h	0.000005027	−0.082%	$45.2M	$210.4M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0397%	8h	0.000005032	+0.027%	$33K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0423%	8h	0.000005028	−0.059%	$46.6M	$688.1M	50x	as long as short
BloFin PEPE-USDT	+0.0542%	8h	0.000005022	−0.178%	$4.4M	$28.0M	75x	as long as short
Paradex kPEPE-USD-PERP	+0.0558%	8h	0.000005029	−0.034%	$6K	—	20x	as long as short
Phemex u1000PEPEUSDT	+0.0631%	8h	0.000005030	−0.013%	$2.4M	$7.9M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0641%	1h	0.000005033	+0.043%	$73K	$831K	15x	as long as short
Lighter 1000PEPE	+0.0656%	1h	0.000005036	+0.100%	$598K	$9.0M	10x	as long as short
01 Exchange kPEPEUSDshort	+0.0664%	1h	0.000005039	+0.160%	$608	$3K	10x
Coinbase International 1000PEPE-PERP-INTX	+0.0680%	1h	0.000005036	+0.100%	$645K	$37.0M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0689%	1h	0.000005000	−0.615%	$154K	$813K	25x	as long as short
Nado kPEPE-PERP	+0.0710%	1h	0.000005032	+0.026%	$165K	$943K	10x	as long as short
BingX 1000PEPE-USDT	+0.0747%	8h	0.000005029	−0.033%	—	$239.3M	—	as long as short
MEXC PEPE_USDT	+0.0790%	8h	0.000005027	−0.081%	$95.9M	$302.1M	300x	as long as short
Binance 1000PEPEUSDT	+0.0790%	8h	0.000005030	−0.021%	$141.0M	$1.41B	75x	as long as short
Extended 1000PEPE-USD	+0.0792%	1h	0.000005027	−0.084%	$530K	$277K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0792%	1h	0.000005035	+0.081%	$142K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0839%	8h	0.000005035	+0.082%	$1.8M	$11.2M	50x	as long as short
Kraken Futures PF_PEPEUSDlong	+0.0849%	1h	0.000005031	long leg	$4.6M	$16.7M	50x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0944%	1h	0.000005031	+0.001%	$72K	$127K	25x	as long as short
Hyperliquid kPEPE	+0.0988%	1h	0.000005029	−0.039%	$53.0M	$152.2M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1129% / S −0.2171%	1h	0.000005000	−0.615%	$63K	—	100x	as long as short
Injective PEPE/USDC PERP	+0.1379%	1h	0.000004992	−0.774%	$3K	$111K	12x	as long as short