Funding you earn now, next payment 08:00 UTC+0.0392%/8h= +42.9% APRnext payment +$3.92 per $10,000 · paid last 24h +0.022%
Price spread now: MEXC against Orderly+0.097%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 +$12 a day on $10k at the current rate, and MEXC is 0.097% dearer against Orderly than usual: you sell high and buy low: +$10 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 | Orderly PERP_1000PEPE_USDC | 0.000005154 | 0.0358 | pay 0.0358% / 8h | 4h 13m | $34K | $24K | 20x |
| Short | MEXC PEPE_USDT | 0.000005159 | 0.0750 | get 0.0750% / 8h | 4h 13m | $99.0M | $292.1M | 300x |
Orderly PERP_1000PEPE_USDC
MEXC PEPE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $82.27
- Price spread: +0.097% → 0.000%
- $9.7
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $85.97
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago | 2.43 bp | 3.0 bp −$3 | 16.9 bp −$169 | 49.6 bp −$4,957 | 86.4 bp −$43.2K |
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 | 0.000005155 | +0.015% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005148 | −0.118% | $15K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005166 | +0.237% | $66K | $146K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005169 | +0.285% | $99.9M | $359.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005152 | −0.035% | $167.8M | $82.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005161 | +0.149% | $26.3M | $65.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005163 | +0.171% | $807K | $4.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005166 | +0.239% | $28K | $480K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005153 | −0.025% | $2K | $2.5M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005166 | +0.231% | $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 | −0.023% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0214% | 8h | 0.000005180 | +0.508% | $47.8M | $180.3M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0254% | 1h | 0.000005173 | +0.373% | $3K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDClong | +0.0358% | 8h | 0.000005154 | long leg | $34K | $24K | 20x | |
| OKX PEPE-USDT-SWAP | +0.0395% | 8h | 0.000005179 | +0.489% | $48.3M | $633.6M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0512% | 8h | 0.000005167 | +0.256% | $4.6M | $26.7M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0528% | 1h | 0.000005148 | −0.113% | $73K | $125K | 25x | as long as short |
| Phemex u1000PEPEUSDT | +0.0592% | 8h | 0.000005155 | +0.027% | $2.6M | $7.3M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0672% | 1h | 0.000005154 | +0.004% | $967K | $34.1M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0708% | 8h | 0.000005156 | +0.037% | — | $2.3M | — | as long as short |
| SoDEX 1000PEPE-USD | +0.0746% | 1h | 0.000005157 | +0.062% | $2K | $10K | 10x | as long as short |
| MEXC PEPE_USDTshort | +0.0750% | 8h | 0.000005159 | +0.097% | $99.0M | $292.1M | 300x | |
| Extended 1000PEPE-USD | +0.0752% | 1h | 0.000005160 | +0.126% | $547K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0752% | 1h | 0.000005156 | +0.043% | $146K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0754% | 8h | 0.000005164 | +0.205% | $147.0M | $1.26B | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0798% | 8h | 0.000005161 | +0.146% | $6K | — | 20x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0803% / S −0.1617% | 1h | 0.000005000 | −2.984% | $62K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.0824% | 1h | 0.000005178 | +0.470% | $615K | $8.3M | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0824% | 1h | 0.000005166 | +0.237% | $101K | $744K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0861% | 8h | 0.000005154 | +0.004% | $1.8M | $9.6M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0941% | 1h | 0.000005156 | +0.033% | $185K | $903K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.1104% | 1h | 0.000005169 | +0.295% | $623 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1141% | 1h | 0.000005152 | −0.037% | $65K | $686K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1264% | 1h | 0.000005154 | +0.007% | $4.6M | $16.0M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1578% | 1h | 0.000005183 | +0.567% | $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