Funding you earn now, next payment 08:00 UTC+0.0279%/8h= +30.5% APRnext payment +$2.79 per $10,000 · paid last 24h +0.016%
Price spread now: Orderly against KuCoin+0.140%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Orderly is 0.140% dearer against KuCoin than usual: you sell high and buy low: +$14 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 | KuCoin PEPEUSDTM | 0.000005154 | 0.0100 | pay 0.0100% / 8h | 1h 51m | $25.7M | $71.9M | 75x |
| Short | Orderly PERP_1000PEPE_USDC | 0.000005162 | 0.0379 | get 0.0379% / 8h | 1h 51m | $34K | $26K | 20x |
KuCoin PEPEUSDTM
Orderly PERP_1000PEPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $58.55
- Price spread: +0.140% → 0.000%
- $13.97
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $54.52
- Costs to cover
- 0.180%
- Break-even
- 0.5 days
Slippage unknown: KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago | 1.83 bp | 14.3 bp −$14 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005158 | +0.070% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005156 | +0.024% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005159 | +0.085% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005163 | +0.167% | $60K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005144 | −0.202% | $101.2M | $414.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005148 | −0.124% | $163.4M | $95.8M | 75x | as long as short |
| KuCoin PEPEUSDTMlong | +0.0100% | 8h | 0.000005154 | long leg | $25.7M | $71.9M | 75x | |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005162 | +0.140% | $615K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005167 | +0.247% | $28K | $540K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005172 | +0.338% | $2K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005163 | +0.167% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005165 | +0.200% | $594K | $4.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005161 | +0.121% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0306% | 8h | 0.000005153 | −0.033% | $46.1M | $213.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDCshort | +0.0379% | 8h | 0.000005162 | +0.140% | $34K | $26K | 20x | |
| OKX PEPE-USDT-SWAP | +0.0415% | 8h | 0.000005148 | −0.124% | $48.3M | $721.8M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0452% | 1h | 0.000005160 | +0.100% | $4.7M | $16.8M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0476% | 1h | 0.000005163 | +0.161% | $72K | $848K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0505% | 8h | 0.000005159 | +0.082% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0539% | 8h | 0.000005149 | −0.105% | $4.5M | $29.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0569% | 8h | 0.000005164 | +0.180% | $2.4M | $8.0M | 50x | as long as short |
| Lighter 1000PEPE | +0.0600% | 1h | 0.000005165 | +0.206% | $621K | $9.0M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0624% | 1h | 0.000005167 | +0.244% | $623 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005164 | +0.186% | $682K | $38.6M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0718% | 1h | 0.000005165 | +0.210% | $164K | $956K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0719% | 1h | 0.000005163 | +0.167% | $74K | $127K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0750% | 8h | 0.000005145 | −0.178% | — | $217.4M | — | as long as short |
| Extended 1000PEPE-USD | +0.0776% | 1h | 0.000005153 | −0.022% | $547K | $285K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0780% | 8h | 0.000005148 | −0.120% | $142.2M | $1.45B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0782% | 8h | 0.000005150 | −0.081% | $98.2M | $302.3M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0784% | 1h | 0.000005160 | +0.109% | $146K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0800% | 8h | 0.000005145 | −0.187% | $1.8M | $11.6M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0923% | 1h | 0.000005167 | +0.244% | $55.2M | $154.5M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1133% / S −0.2351% | 1h | 0.000005000 | −2.995% | $63K | — | 100x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1244% | 1h | 0.000005189 | +0.671% | $157K | $818K | 25x | as long as short |
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Lighter 1000PEPE
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
ApeX Omni 1000PEPEUSDT