PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.027%

Price spread now: Reya against Pacifica+0.043%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Reya

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 airdropPacifica: Active · Reya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.043% dearer against Pacifica than usual: you sell high and buy low: +$4 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	Pacifica kPEPE	0.000005168	0.0100	pay 0.0013% / 1h	11m 51s	$60K	$184K	10x
Short	Reya kPEPERUSDPERP	0.000005170	0.0189	get 0.0024% / 1h	11m 51s	$8K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Pacifica. 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 PacificabpFee ReyabpOrdersPrice spread, now +0.043%Rate

Funding earned: $18.7
Price spread: +0.043% → 0.000%: $4.27
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $8.98
Costs to cover: 0.140%
Break-even: 3.6 days

Slippage unknown: Pacifica: live order book, 26 min ago; Reya: 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 Pacifica live order book, 26 min ago	10.65 bp	15.7 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	0.000005143	−0.475%	$19K	$649	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0008%	1h	0.000005159	−0.174%	$4K	—	150x	as long as short
Pacifica kPEPElong	+0.0100%	1h	0.000005168	long leg	$60K	$184K	10x
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005146	−0.426%	$99.2M	$430.7M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005148	−0.387%	$163.2M	$99.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005150	−0.354%	$613K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005148	−0.387%	$28K	$549K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005173	+0.087%	$1K	$2.7M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005168	+0.006%	$603K	$4.2M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0126%	1h	0.000005162	−0.116%	$2K	$11K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin PEPEUSDTM	+0.0127%	8h	0.000005152	−0.304%	$26.9M	$74.2M	75x	as long as short
Reya kPEPERUSDPERPshort	+0.0189%	1h	0.000005170	+0.043%	$8K	—	15x
Bitget PEPEUSDT	+0.0248%	8h	0.000005148	−0.381%	$46.3M	$220.3M	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0327%	1h	0.000005145	−0.445%	$149K	$834K	25x	as long as short
OKX PEPE-USDT-SWAP	+0.0361%	8h	0.000005151	−0.329%	$47.7M	$748.1M	50x	as long as short
Injective PEPE/USDC PERP	+0.0404%	1h	0.000005142	−0.503%	$8K	$120K	12x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0415%	8h	0.000005168	+0.008%	$34K	$26K	20x	as long as short
Phemex u1000PEPEUSDT	+0.0451%	8h	0.000005162	−0.126%	$2.4M	$8.1M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0463%	8h	0.000005165	−0.063%	$6K	—	20x	as long as short
BloFin PEPE-USDT	+0.0482%	8h	0.000005161	−0.135%	$4.5M	$30.4M	75x	as long as short
Backpack kPEPE_USDC_PERP	+0.0505%	1h	0.000005156	−0.242%	$78K	$891K	15x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0525%	1h	0.000005163	−0.097%	$74K	$127K	25x	as long as short
Lighter 1000PEPE	+0.0528%	1h	0.000005152	−0.310%	$618K	$9.1M	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0544%	1h	0.000005163	−0.097%	$675K	$39.9M	50x	as long as short
BingX 1000PEPE-USDC	+0.0686%	8h	0.000005146	−0.428%	—	$2.3M	—	as long as short
01 Exchange kPEPEUSD	+0.0704%	1h	0.000005172	+0.077%	$624	$2K	10x	as long as short
Nado kPEPE-PERP	+0.0706%	1h	0.000005169	+0.011%	$166K	$958K	10x	as long as short
MEXC PEPE_USDT	+0.0711%	8h	0.000005153	−0.290%	$101.5M	$309.1M	300x	as long as short
Kraken Futures PF_PEPEUSD	+0.0711%	1h	0.000005158	−0.189%	$4.8M	$16.7M	50x	as long as short
Binance 1000PEPEUSDT	+0.0712%	8h	0.000005147	−0.408%	$141.7M	$1.50B	75x	as long as short
Extended 1000PEPE-USD	+0.0712%	1h	0.000005151	−0.324%	$542K	$282K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0712%	1h	0.000005165	−0.058%	$146K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0718%	8h	0.000005148	−0.395%	$1.7M	$12.0M	50x	as long as short
Hyperliquid kPEPE	+0.0910%	1h	0.000005157	−0.213%	$53.7M	$159.3M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1068% / S −0.1281%	1h	0.000005000	−3.251%	$50K	—	100x	as long as short