PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0611%/8h= −66.9% APRnext payment −$0.76 per $10,000 · paid last 24h −0.054%

Price spread now: Reya against Aevo+0.047%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Reya

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

The price spread pays, funding is against you. Reya is 0.047% dearer against Aevo than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo 1000PEPE-PERP	0.000005336	0.0800	pay 0.0100% / 1h	46m 33s	$151K	—	3x
Short	Reya kPEPERUSDPERP	0.000005338	0.0189	get 0.0024% / 1h	46m 33s	$8K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Aevo. 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 AevobpFee ReyabpOrdersPrice spread, now +0.047%Rate

Funding earned: −$128.34
Price spread: +0.047% → 0.000%: $4.67
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Reya: 3 bp × 2 orders: −$6
Net: −$145.67
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 7 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 Aevo live order book, 7 min ago	1010.05 bp	doesn't fit	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	0.000005316	−0.382%	$20K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005331	−0.088%	$15K	—	150x	as long as short
Injective PEPE/USDC PERP	+0.0092%	1h	0.000005381	+0.843%	$3K	$111K	12x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005320	−0.300%	$69K	$153K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005316	−0.379%	$104.3M	$371.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005309	−0.506%	$175.8M	$86.1M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005331	−0.096%	$26.9M	$67.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005323	−0.252%	$765K	$5.0M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005322	−0.258%	$43K	$498K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005344	+0.156%	$2K	$2.5M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005353	+0.311%	$613K	$3.8M	75x	as long as short
Reya kPEPERUSDPERPshort	+0.0189%	1h	0.000005338	+0.047%	$8K	—	15x
Bitget PEPEUSDT	+0.0262%	8h	0.000005317	−0.356%	$51.9M	$186.5M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0377%	8h	0.000005341	+0.088%	$36K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0419%	8h	0.000005322	−0.262%	$52.3M	$675.0M	50x	as long as short
BloFin PEPE-USDT	+0.0542%	8h	0.000005333	−0.056%	$4.5M	$28.2M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0607%	8h	0.000005338	+0.036%	$2.6M	$7.5M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0685%	1h	0.000005335	−0.019%	$2K	$10K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0688%	1h	0.000005334	−0.037%	$76K	$126K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0712%	1h	0.000005339	+0.056%	$715K	$36.4M	50x	as long as short
BingX 1000PEPE-USDC	+0.0754%	8h	0.000005311	−0.470%	—	$2.3M	—	as long as short
Aevo 1000PEPE-PERPlong	+0.0800%	1h	0.000005336	long leg	$151K	—	3x
Paradex kPEPE-USD-PERP	+0.0800%	8h	0.000005311	−0.478%	$6K	—	20x	as long as short
MEXC PEPE_USDT	+0.0807%	8h	0.000005316	−0.379%	$103.8M	$292.6M	300x	as long as short
Binance 1000PEPEUSDT	+0.0807%	8h	0.000005320	−0.308%	$154.0M	$1.31B	75x	as long as short
Extended 1000PEPE-USD	+0.0808%	1h	0.000005314	−0.417%	$563K	$226K	25x	as long as short
Nado kPEPE-PERP	+0.0858%	1h	0.000005321	−0.272%	$190K	$914K	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0892% / S −0.1742%	1h	0.000005000	−6.297%	$66K	—	100x	as long as short
Aster 1000PEPEUSDT	+0.0940%	8h	0.000005330	−0.115%	$1.9M	$9.9M	50x	as long as short
01 Exchange kPEPEUSD	+0.1248%	1h	0.000005328	−0.150%	$643	$3K	10x	as long as short
Lighter 1000PEPE	+0.1264%	1h	0.000005326	−0.187%	$683K	$8.5M	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.1270%	1h	0.000005320	−0.300%	$175K	$798K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.1385%	1h	0.000005337	+0.011%	$72K	$722K	15x	as long as short
Kraken Futures PF_PEPEUSD	+0.1532%	1h	0.000005331	−0.103%	$4.9M	$16.3M	50x	as long as short
Hyperliquid kPEPE	+0.1768%	1h	0.000005339	+0.056%	$58.6M	$144.4M	10x	as long as short