Funding you earn now, next payment 16:00 UTC+0.0248%/8h= +27.1% APRnext payment +$2.48 per $10,000 · paid last 24h +0.056%
Price spread now: Orderly against Variational Omni−0.001%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni 1000PEPE | 0.000004937 | 0.0100 | pay 0.0100% / 8h | 5h 54m | $643K | $5.3M | — |
| Short | Orderly PERP_1000PEPE_USDC | 0.000004937 | 0.0348 | get 0.0348% / 8h | 5h 54m | $32K | $30K | 20x |
Variational Omni 1000PEPE
Orderly PERP_1000PEPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Variational Omni. 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
- $52.05
- Price spread: −0.001% → 0.000%
- −$0.08
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $45.97
- Costs to cover
- 0.060%
- Break-even
- 0.8 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Orderly: 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 Variational Omni RFQ quote, 2 min ago | 5.05 bp | doesn't fit | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0372% | 1h | 0.000004936 | −0.027% | $4.6M | $16.6M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004938 | +0.013% | $25K | $18K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | 0.0000% | 1h | 0.000004937 | −0.005% | $57K | $115K | 25x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004951 | +0.285% | $3K | — | 150x | as long as short |
| 01 Exchange kPEPEUSD | +0.0080% | 1h | 0.000004936 | −0.025% | $595 | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004938 | +0.015% | $593K | $9.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004939 | +0.036% | $49.9M | $156.3M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004940 | +0.056% | $57K | $195K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004935 | −0.045% | $94.0M | $441.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004937 | −0.005% | $152.1M | $101.9M | 75x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
Deribit 1000PEPE_USDC-PERPETUAL
gTrade (Gains Network) PEPE/USD
01 Exchange kPEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDTShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004941 | +0.084% | $25.0M | $75.8M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004937 | −0.003% | $43.7M | $229.4M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004938 | +0.019% | $75K | $990K | 15x | as long as short |
| Variational Omni 1000PEPElong | +0.0100% | 8h | 0.000004937 | long leg | $643K | $5.3M | — | |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004955 | +0.368% | $27K | $569K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004977 | +0.805% | $144K | $851K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004943 | +0.123% | $1K | $2.5M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004936 | −0.025% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004939 | +0.030% | $579K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004933 | −0.092% | $2.3M | $8.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0111% | 8h | 0.000004943 | +0.120% | $6K | — | 20x | as long as short |
| Nado kPEPE-PERP | +0.0132% | 1h | 0.000004936 | −0.025% | $136K | $939K | 10x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0142% | 8h | 0.000004936 | −0.025% | $44.4M | $720.2M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004934 | −0.067% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0266% | 8h | 0.000004936 | −0.025% | $4.3M | $28.6M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0284% | 1h | 0.000004939 | +0.036% | $4K | $122K | 12x | as long as short |
| Binance 1000PEPEUSDT | +0.0287% | 8h | 0.000004936 | −0.030% | $128.0M | $1.53B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0288% | 1h | 0.000004940 | +0.053% | $518K | $285K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0293% | 8h | 0.000004941 | +0.074% | $100.9M | $294.8M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0299% | 8h | 0.000004940 | +0.056% | $1.8M | $12.5M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.0304% | 1h | 0.000004936 | −0.025% | $140K | — | 3x | as long as short |
| BingX 1000PEPE-USDC | +0.0310% | 8h | 0.000004940 | +0.052% | — | $2.3M | — | as long as short |
| Orderly PERP_1000PEPE_USDCshort | +0.0348% | 8h | 0.000004937 | −0.001% | $32K | $30K | 20x | |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004941 | +0.076% | $760K | $38.7M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0838% / S −0.0953% | 1h | 0.000004000 | −18.983% | $50K | — | 100x | as long as short |
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Backpack kPEPE_USDC_PERP
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Nado kPEPE-PERP
OKX PEPE-USDT-SWAP
Reya kPEPERUSDPERP
BloFin PEPE-USDT
Injective PEPE/USDC PERP
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Aevo 1000PEPE-PERP
BingX 1000PEPE-USDC
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]