PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0491%/8h= +53.8% APRnext payment +$0.61 per $10,000 · paid last 24h +0.109%

Price spread now: 01 Exchange against Reya−0.174%7-day average — · you buy dearer than you sell

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

Long on Reya Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. 01 Exchange is 0.174% cheaper against Reya than usual: you would sell low and buy high (spread −0.174% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 28 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya kPEPERUSDPERP	0.000005057	0.0189	pay 0.0024% / 1h	44m 35s	$8K	—	15x
Short	01 Exchange kPEPEUSD	0.000005048	0.0680	get 0.0085% / 1h	44m 35s	$609	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Reya. 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 ReyabpFee 01 ExchangebpOrdersPrice spread, now −0.174%Rate

Funding earned: $103.12
Price spread: −0.174% → 0.000%: −$17.37
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $72.75
Costs to cover: 0.130%
Break-even: 2.1 days

Slippage unknown: Reya: no order-book sample; 01 Exchange: 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 Reya no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Reya and 01 Exchange: 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	0.000005039	−0.359%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005030	−0.522%	$3K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005043	−0.273%	$59K	$176K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005051	−0.114%	$99.4M	$400.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005042	−0.292%	$163.2M	$93.3M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005044	−0.253%	$25.3M	$70.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005051	−0.122%	$595K	$5.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005030	−0.526%	$28K	$538K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005041	−0.310%	$2K	$2.6M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005035	−0.423%	$566K	$4.1M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya kPEPERUSDPERPlong	+0.0189%	1h	0.000005057	long leg	$8K	—	15x
SoDEX 1000PEPE-USD	+0.0274%	1h	0.000005037	−0.391%	$2K	$10K	10x	as long as short
Bitget PEPEUSDT	+0.0344%	8h	0.000005058	+0.022%	$45.6M	$209.0M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0412%	8h	0.000005038	−0.373%	$33K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0419%	8h	0.000005053	−0.075%	$46.8M	$684.9M	50x	as long as short
BloFin PEPE-USDT	+0.0537%	8h	0.000005042	−0.292%	$4.5M	$28.0M	75x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0545%	1h	0.000005036	−0.411%	$72K	$127K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0552%	8h	0.000005048	−0.183%	$6K	—	20x	as long as short
Phemex u1000PEPEUSDT	+0.0649%	8h	0.000005033	−0.478%	$2.4M	$7.8M	50x	as long as short
01 Exchange kPEPEUSDshort	+0.0680%	1h	0.000005048	−0.174%	$609	$3K	10x
Coinbase International 1000PEPE-PERP-INTX	+0.0680%	1h	0.000005039	−0.352%	$620K	$36.8M	50x	as long as short
Lighter 1000PEPE	+0.0696%	1h	0.000005049	−0.154%	$601K	$9.0M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0707%	1h	0.000005037	−0.395%	$73K	$829K	15x	as long as short
Nado kPEPE-PERP	+0.0766%	1h	0.000005053	−0.076%	$167K	$942K	10x	as long as short
BingX 1000PEPE-USDT	+0.0769%	8h	0.000005046	−0.215%	—	$238.4M	—	as long as short
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000005038	−0.371%	$142K	—	3x	as long as short
MEXC PEPE_USDT	+0.0807%	8h	0.000005036	−0.419%	$97.9M	$299.4M	300x	as long as short
Extended 1000PEPE-USD	+0.0808%	1h	0.000005047	−0.194%	$533K	$277K	25x	as long as short
Binance 1000PEPEUSDT	+0.0811%	8h	0.000005047	−0.192%	$142.6M	$1.40B	75x	as long as short
Kraken Futures PF_PEPEUSD	+0.0848%	1h	0.000005036	−0.409%	$4.6M	$16.7M	50x	as long as short
Aster 1000PEPEUSDT	+0.0874%	8h	0.000005047	−0.186%	$1.8M	$11.0M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0935%	1h	0.000005027	−0.589%	$154K	$813K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1067% / S −0.1982%	1h	0.000005000	−1.123%	$64K	—	100x	as long as short
Hyperliquid kPEPE	+0.1148%	1h	0.000005060	+0.064%	$53.7M	$150.8M	10x	as long as short
Injective PEPE/USDC PERP	+0.1379%	1h	0.000005034	−0.451%	$3K	$111K	12x	as long as short