PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0411%/8h= −45.0% APRnext payment −$4.11 per $10,000 · paid last 24h −0.093%

Price spread now: Orderly against Aster+0.034%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Orderly is 0.034% dearer against Aster than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster 1000PEPEUSDT	0.000005029	0.0728	pay 0.0728% / 8h	5h 10m	$1.8M	$9.2M	50x
Short	Orderly PERP_1000PEPE_USDC	0.000005030	0.0317	get 0.0317% / 8h	5h 10m	$33K	$24K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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 AsterbpFee OrderlybpOrdersPrice spread, now +0.034%Rate

Funding earned: −$86.39
Price spread: +0.034% → 0.000%: $3.36
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$97.03
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 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 Aster live order book, 3 min ago	1.69 bp	9.5 bp −$10	13.9 bp −$139	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 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	0.000005009	−0.382%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005019	−0.183%	$15K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005021	−0.153%	$64K	$139K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005026	−0.054%	$97.6M	$340.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005027	−0.034%	$165.0M	$75.7M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005028	−0.020%	$25.9M	$63.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005020	−0.183%	$681K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005022	−0.135%	$27K	$443K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005031	+0.038%	$1K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005026	−0.056%	$571K	$3.6M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEPEUSDT	+0.0128%	8h	0.000005028	−0.018%	$46.0M	$173.2M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005026	−0.048%	$8K	—	15x	as long as short
Orderly PERP_1000PEPE_USDCshort	+0.0317%	8h	0.000005030	+0.034%	$33K	$24K	20x
OKX PEPE-USDT-SWAP	+0.0343%	8h	0.000005030	+0.026%	$45.7M	$588.6M	50x	as long as short
BloFin PEPE-USDT	+0.0460%	8h	0.000005032	+0.065%	$4.3M	$25.1M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0533%	1h	0.000005034	+0.105%	$2K	$12K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0542%	1h	0.000005020	−0.173%	$99K	$755K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0576%	1h	0.000005027	−0.034%	$942K	$31.5M	50x	as long as short
BingX 1000PEPE-USDT	+0.0608%	8h	0.000005031	+0.044%	—	$261.3M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0631% / S −0.1011%	1h	0.000005000	−0.571%	$49K	—	100x	as long as short
MEXC PEPE_USDT	+0.0636%	8h	0.000005031	+0.044%	$94.8M	$290.5M	300x	as long as short
Binance 1000PEPEUSDT	+0.0636%	8h	0.000005033	+0.089%	$140.8M	$1.21B	75x	as long as short
Extended 1000PEPE-USD	+0.0640%	1h	0.000005029	+0.006%	$533K	$226K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0640%	1h	0.000005018	−0.213%	$142K	—	3x	as long as short
Phemex u1000PEPEUSDT	+0.0713%	8h	0.000005026	−0.048%	$2.4M	$7.1M	50x	as long as short
Aster 1000PEPEUSDTlong	+0.0728%	8h	0.000005029	long leg	$1.8M	$9.2M	50x
Paradex kPEPE-USD-PERP	+0.0780%	8h	0.000005019	−0.192%	$6K	—	20x	as long as short
Nado kPEPE-PERP	+0.0791%	1h	0.000005025	−0.079%	$186K	$872K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0944%	1h	0.000005031	+0.046%	$71K	$124K	25x	as long as short
01 Exchange kPEPEUSD	+0.0952%	1h	0.000005034	+0.105%	$607	$3K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0964%	1h	0.000005036	+0.153%	$93K	$632K	15x	as long as short
Injective PEPE/USDC PERP	+0.0973%	1h	0.000005011	−0.352%	$4K	$102K	12x	as long as short
Lighter 1000PEPE	+0.1176%	1h	0.000005033	+0.085%	$666K	$8.1M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1383%	1h	0.000005032	+0.060%	$4.3M	$15.2M	50x	as long as short
Hyperliquid kPEPE	+0.1590%	1h	0.000005040	+0.225%	$53.9M	$139.6M	10x	as long as short