Funding you earn now, next payment 08:00 UTC−0.0396%/8h= −43.3% APRnext payment −$3.96 per $10,000 · paid last 24h −0.022%
Price spread now: Orderly against MEXC−0.496%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$12 a day on $10k at the current rate, and Orderly is 0.496% cheaper against MEXC than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PEPE_USDT | 0.000005180 | 0.0754 | pay 0.0754% / 8h | 4h 13m | $100.1M | $292.1M | 300x |
| Short | Orderly PERP_1000PEPE_USDC | 0.000005154 | 0.0358 | get 0.0358% / 8h | 4h 13m | $34K | $24K | 20x |
MEXC PEPE_USDT
Orderly PERP_1000PEPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against MEXC. 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
- −$83.11
- Price spread: −0.496% → 0.000%
- −$49.62
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$138.72
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago | 2.43 bp | 4.4 bp −$4 | 12.2 bp −$122 | 48.6 bp −$4,859 | 72.5 bp −$36.2K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005172 | −0.144% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005148 | −0.614% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005179 | −0.010% | $66K | $146K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005181 | +0.027% | $100.1M | $359.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005174 | −0.106% | $168.4M | $82.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005179 | −0.015% | $26.3M | $65.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005163 | −0.326% | $807K | $4.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005168 | −0.221% | $29K | $481K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005153 | −0.521% | $2K | $2.5M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005166 | −0.266% | $599K | $3.7M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005153 | −0.519% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0216% | 8h | 0.000005185 | +0.106% | $47.9M | $180.3M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005173 | −0.125% | $3K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDCshort | +0.0358% | 8h | 0.000005154 | −0.496% | $34K | $24K | 20x | |
| OKX PEPE-USDT-SWAP | +0.0395% | 8h | 0.000005181 | +0.029% | $48.3M | $634.0M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0512% | 8h | 0.000005167 | −0.241% | $4.6M | $26.7M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0528% | 1h | 0.000005148 | −0.608% | $73K | $125K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0592% | 8h | 0.000005155 | −0.469% | $2.6M | $7.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005154 | −0.492% | $967K | $34.1M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0708% | 8h | 0.000005181 | +0.029% | — | $2.3M | — | as long as short |
| SoDEX 1000PEPE-USD | +0.0746% | 1h | 0.000005157 | −0.434% | $2K | $10K | 10x | as long as short |
| Extended 1000PEPE-USD | +0.0752% | 1h | 0.000005182 | +0.057% | $547K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0752% | 1h | 0.000005156 | −0.454% | $146K | — | 3x | as long as short |
| MEXC PEPE_USDTlong | +0.0754% | 8h | 0.000005180 | long leg | $100.1M | $292.1M | 300x | |
| Binance 1000PEPEUSDT | +0.0754% | 8h | 0.000005180 | +0.012% | $147.5M | $1.26B | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0802% | 8h | 0.000005181 | +0.038% | $6K | — | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0803% / S −0.1617% | 1h | 0.000005000 | −3.466% | $62K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.0824% | 1h | 0.000005178 | −0.029% | $615K | $8.3M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0824% | 1h | 0.000005166 | −0.261% | $101K | $744K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0861% | 8h | 0.000005154 | −0.492% | $1.8M | $9.6M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0941% | 1h | 0.000005156 | −0.463% | $185K | $903K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.1104% | 1h | 0.000005195 | +0.299% | $627 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1141% | 1h | 0.000005152 | −0.533% | $65K | $686K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1264% | 1h | 0.000005154 | −0.489% | $4.6M | $16.0M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1578% | 1h | 0.000005183 | +0.068% | $55.9M | $142.3M | 10x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Injective PEPE/USDC PERP
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
SoDEX 1000PEPE-USD
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Paradex kPEPE-USD-PERP
GMX PEPE/USD [ETH-USDC]
Lighter 1000PEPE
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
Nado kPEPE-PERP
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE