PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0407%/8h= −44.6% APRnext payment −$4.07 per $10,000 · paid last 24h −0.018%

Price spread now: Orderly against BingX+0.135%7-day average — · you sell dearer than you buy

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

Long on BingX 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—needs both histories

The price spread pays, funding is against you. Orderly is 0.135% dearer against BingX than usual: you sell high and buy low (spread +0.135% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 27 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX 1000PEPE-USDT	0.000004803	0.0827	pay 0.0827% / 8h	2h 07m	—	$254.7M	—
Short	Orderly PERP_1000PEPE_USDC	0.000004810	0.0420	get 0.0420% / 8h	2h 07m	$29K	$11K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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 BingXbpFee OrderlybpOrdersPrice spread, now +0.135%Rate

Funding earned: −$85.51
Price spread: +0.135% → 0.000%: $13.53
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$87.98
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 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 BingX live order book, 2 min ago	0.21 bp	6.3 bp −$6	8.3 bp −$83	19.7 bp −$1,967	40.1 bp −$20.0K
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	0.000004801	−0.058%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004800	−0.065%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004802	−0.027%	$58.4M	$72.7M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004806	+0.056%	$59K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004798	−0.115%	$87.3M	$275.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004803	−0.006%	$150.1M	$62.3M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004801	−0.040%	$24.9M	$53.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004820	+0.356%	$577K	$3.8M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004830	+0.550%	$27K	$340K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004811	+0.169%	$1K	$2.4M	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	0.000004804	+0.021%	$553K	$3.4M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0182%	8h	0.000004800	−0.069%	$41.4M	$484.6M	50x	as long as short
Bitget PEPEUSDT	+0.0184%	8h	0.000004799	−0.094%	$42.3M	$150.9M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004802	−0.019%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0299%	8h	0.000004803	−0.006%	$3.9M	$21.8M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0318% / S −0.0217%	1h	0.000004000	−16.724%	$52K	—	100x	as long as short
Orderly PERP_1000PEPE_USDCshort	+0.0420%	8h	0.000004810	+0.135%	$29K	$11K	20x
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004808	+0.098%	$578K	$25.1M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0496%	8h	0.000004809	+0.121%	$2.3M	$6.4M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0530%	8h	0.000004802	−0.020%	$5K	$16	20x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004824	+0.431%	$4K	$110K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0583%	1h	0.000004807	+0.077%	$81K	$94K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.0713%	1h	0.000004806	+0.050%	$92K	$624K	15x	as long as short
Lighter 1000PEPE	+0.0744%	1h	0.000004813	+0.202%	$600K	$5.3M	10x	as long as short
Nado kPEPE-PERP	+0.0745%	1h	0.000004805	+0.027%	$188K	$848K	10x	as long as short
SoDEX 1000PEPE-USD	+0.0756%	1h	0.000004809	+0.119%	$2K	$9K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0759%	1h	0.000004830	+0.556%	$103K	$762K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.0762%	1h	0.000004806	+0.065%	$3.9M	$13.1M	50x	as long as short
BingX 1000PEPE-USDTlong	+0.0827%	8h	0.000004803	long leg	—	$254.7M	—
Extended 1000PEPE-USD	+0.0872%	1h	0.000004799	−0.097%	$529K	$147K	25x	as long as short
MEXC PEPE_USDT	+0.0872%	8h	0.000004804	+0.015%	$91.3M	$292.4M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0872%	1h	0.000004813	+0.202%	$136K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0873%	8h	0.000004803	−0.012%	$128.0M	$1.02B	75x	as long as short
Aster 1000PEPEUSDT	+0.0901%	8h	0.000004803	−0.006%	$1.5M	$6.9M	50x	as long as short
01 Exchange kPEPEUSD	+0.1200%	1h	0.000004809	+0.119%	$551	$2K	10x	as long as short