PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0311%/8h= +34.1% APRnext payment +$3.11 per $10,000 · paid last 24h +0.026%

Price spread now: Paradex against Orderly−0.266%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Paradex

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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.266% cheaper against Orderly than usual: you would sell low and buy high (spread −0.266% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 2.9 days of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_1000PEPE_USDC	0.000005057	0.0281	pay 0.0281% / 8h	6h 17m	$33K	$23K	20x
Short	Paradex kPEPE-USD-PERP	0.000005043	0.0592	get 0.0592% / 8h	6h 17m	$6K	$16	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Orderly. 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 OrderlybpFee ParadexbpOrdersPrice spread, now −0.266%Rate

Funding earned: $65.32
Price spread: −0.266% → 0.000%: −$26.64
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Paradex: 2 bp × 2 orders: −$4
Net: $28.68
Costs to cover: 0.100%
Break-even: 3.9 days

Slippage unknown: Orderly: no order-book sample; Paradex: 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 Orderly no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Orderly and Paradex: 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 34 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	0.000005038	−0.362%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005038	−0.380%	$14K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005043	−0.273%	$61K	$126K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005039	−0.352%	$97.6M	$324.3M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005038	−0.372%	$161.4M	$71.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005045	−0.225%	$25.4M	$60.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005045	−0.225%	$45.5M	$162.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005056	−0.024%	$624K	$4.5M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005039	−0.356%	$27K	$422K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005052	−0.085%	$1K	$2.4M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005053	−0.065%	$567K	$3.6M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005044	−0.252%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0240%	8h	0.000005044	−0.253%	$44.9M	$568.7M	50x	as long as short
Orderly PERP_1000PEPE_USDClong	+0.0281%	8h	0.000005057	long leg	$33K	$23K	20x
ApeX Omni 1000PEPEUSDT	+0.0333%	1h	0.000005041	−0.312%	$106K	$747K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0424%	1h	0.000005057	+0.004%	$747K	$29.8M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0487%	8h	0.000005061	+0.093%	$2.4M	$7.0M	50x	as long as short
BingX 1000PEPE-USDC	+0.0497%	8h	0.000005042	−0.293%	—	$2.3M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0517% / S −0.0544%	1h	0.000005000	−1.123%	$56K	—	100x	as long as short
MEXC PEPE_USDT	+0.0525%	8h	0.000005047	−0.200%	$94.6M	$291.2M	300x	as long as short
Extended 1000PEPE-USD	+0.0528%	1h	0.000005039	−0.346%	$554K	$199K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0528%	1h	0.000005056	−0.016%	$143K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0529%	8h	0.000005044	−0.255%	$142.1M	$1.17B	75x	as long as short
SoDEX 1000PEPE-USD	+0.0572%	1h	0.000005061	+0.083%	$2K	$12K	10x	as long as short
Paradex kPEPE-USD-PERPshort	+0.0592%	8h	0.000005043	−0.266%	$6K	$16	20x
Aster 1000PEPEUSDT	+0.0625%	8h	0.000005041	−0.305%	$1.7M	$8.2M	50x	as long as short
Nado kPEPE-PERP	+0.0653%	1h	0.000005040	−0.326%	$180K	$881K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0740%	1h	0.000005059	+0.044%	$61K	$114K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.0823%	1h	0.000005060	+0.056%	$4.0M	$14.5M	50x	as long as short
Injective PEPE/USDC PERP	+0.0909%	1h	0.000005098	+0.815%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0927%	1h	0.000005052	−0.103%	$98K	$618K	15x	as long as short
01 Exchange kPEPEUSD	+0.0952%	1h	0.000005044	−0.253%	$1K	$2K	10x	as long as short
Lighter 1000PEPE	+0.1656%	1h	0.000005052	−0.095%	$1.1M	$7.4M	10x	as long as short
Hyperliquid kPEPE	+0.2140%	1h	0.000005050	−0.134%	$55.6M	$136.0M	10x	as long as short