Funding you earn now, next payment 08:00 UTC+0.0167%/8h= +18.2% APRnext payment +$1.67 per $10,000 · paid last 24h +0.032%
Price spread now: BloFin against Orderly−0.070%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
Funding pays, the price is against you. BloFin is 0.070% cheaper against Orderly than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 33 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_1000PEPE_USDC | 0.000005163 | 0.0383 | pay 0.0383% / 8h | 2h 06m | $34K | $26K | 20x |
| Short | BloFin PEPE-USDT | 0.000005159 | 0.0549 | get 0.0549% / 8h | 2h 06m | $4.3M | $29.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $34.98
- Price spread: −0.070% → 0.000%
- −$6.97
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $10
- Costs to cover
- 0.180%
- Break-even
- 5.0 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 2 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 2 min ago | 8.74 bp | 14.7 bp −$15 | 18.2 bp −$182 | 31.4 bp −$3,136 | 76.3 bp −$38.1K |
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 | 0.000005138 | −0.467% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0007% | 1h | 0.000005154 | −0.172% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005144 | −0.360% | $59K | $178K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005134 | −0.554% | $100.4M | $410.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005141 | −0.418% | $162.8M | $95.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005144 | −0.358% | $26.1M | $71.4M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005142 | −0.407% | $614K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005135 | −0.532% | $28K | $538K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005165 | +0.050% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005160 | −0.050% | $586K | $4.2M | 75x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0184% | 1h | 0.000005161 | −0.031% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005138 | −0.477% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0322% | 8h | 0.000005137 | −0.498% | $45.7M | $212.7M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDClong | +0.0383% | 8h | 0.000005163 | long leg | $34K | $26K | 20x | |
| OKX PEPE-USDT-SWAP | +0.0422% | 8h | 0.000005137 | −0.496% | $47.2M | $712.0M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0526% | 1h | 0.000005158 | −0.089% | $74K | $127K | 25x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0547% | 8h | 0.000005139 | −0.452% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDTshort | +0.0549% | 8h | 0.000005159 | −0.070% | $4.3M | $29.3M | 75x | |
| Lighter 1000PEPE | +0.0592% | 1h | 0.000005147 | −0.302% | $621K | $9.1M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0611% | 8h | 0.000005163 | +0.004% | $2.4M | $7.9M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0651% | 1h | 0.000005135 | −0.536% | $159K | $951K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0660% | 1h | 0.000005160 | −0.052% | $67K | $842K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005157 | −0.108% | $694K | $38.1M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0688% | 1h | 0.000005141 | −0.418% | $620 | $3K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0760% | 8h | 0.000005140 | −0.430% | — | $239.9M | — | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0784% | 1h | 0.000005139 | −0.457% | $156K | $817K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0797% | 8h | 0.000005142 | −0.391% | $98.5M | $304.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0797% | 8h | 0.000005142 | −0.396% | $143.0M | $1.43B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005139 | −0.465% | $544K | $281K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005162 | −0.012% | $146K | — | 3x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0828% | 1h | 0.000005158 | −0.085% | $4.7M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0831% | 8h | 0.000005143 | −0.389% | $1.8M | $11.4M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1025% | 1h | 0.000005152 | −0.205% | $54.8M | $153.5M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2351% | 1h | 0.000005000 | −3.150% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005158 | −0.089% | $10K | $119K | 12x | as long as short |
BloFin PEPE-USDT
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
Paradex kPEPE-USD-PERP
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
BingX 1000PEPE-USDT
ApeX Omni 1000PEPEUSDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP