PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.014%

Price spread now: Orderly against Bitget−0.136%7-day average — · you buy dearer than you sell

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

Long on Bitget 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

Funding pays, the price is against you. Orderly is 0.136% cheaper against Bitget than usual: you would sell low and buy high (spread −0.136% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 7.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PEPEUSDT	0.000005133	0.0329	pay 0.0329% / 8h	2h 11m	$45.7M	$211.9M	75x
Short	Orderly PERP_1000PEPE_USDC	0.000005126	0.0389	get 0.0389% / 8h	2h 11m	$34K	$26K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now −0.136%Rate

Funding earned: $12.67
Price spread: −0.136% → 0.000%: −$13.64
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$18.97
Costs to cover: 0.180%
Break-even: 17.5 days

Slippage unknown: Bitget: 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 Bitget live order book, 2 min ago	2.45 bp	9.4 bp −$9	12.1 bp −$121	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	0.000005117	−0.310%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0007%	1h	0.000005116	−0.341%	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005119	−0.281%	$58K	$178K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005131	−0.055%	$100.3M	$408.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005129	−0.086%	$163.8M	$95.0M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005140	+0.125%	$25.7M	$71.2M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005080	−1.047%	$607K	$5.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005084	−0.955%	$28K	$540K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005132	−0.027%	$2K	$2.6M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005117	−0.312%	$578K	$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 kPEPERUSDPERP	+0.0189%	1h	0.000005123	−0.197%	$8K	—	15x	as long as short
SoDEX 1000PEPE-USD	+0.0219%	1h	0.000005126	−0.144%	$2K	$10K	10x	as long as short
Bitget PEPEUSDTlong	+0.0329%	8h	0.000005133	long leg	$45.7M	$211.9M	75x
Orderly PERP_1000PEPE_USDCshort	+0.0389%	8h	0.000005126	−0.136%	$34K	$26K	20x
OKX PEPE-USDT-SWAP	+0.0420%	8h	0.000005132	−0.027%	$47.1M	$708.2M	50x	as long as short
BloFin PEPE-USDT	+0.0552%	8h	0.000005113	−0.397%	$4.4M	$28.8M	75x	as long as short
Paradex kPEPE-USD-PERP	+0.0566%	8h	0.000005119	−0.281%	$6K	—	20x	as long as short
Phemex u1000PEPEUSDT	+0.0605%	8h	0.000005129	−0.086%	$2.4M	$7.9M	50x	as long as short
Lighter 1000PEPE	+0.0640%	1h	0.000005131	−0.047%	$621K	$9.1M	10x	as long as short
Nado kPEPE-PERP	+0.0650%	1h	0.000005119	−0.280%	$167K	$945K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0665%	1h	0.000005129	−0.082%	$69K	$840K	15x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0680%	1h	0.000005129	−0.086%	$654K	$37.7M	50x	as long as short
01 Exchange kPEPEUSD	+0.0688%	1h	0.000005123	−0.203%	$618	$3K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0726%	1h	0.000005126	−0.144%	$73K	$127K	25x	as long as short
BingX 1000PEPE-USDT	+0.0762%	8h	0.000005130	−0.062%	—	$239.6M	—	as long as short
MEXC PEPE_USDT	+0.0797%	8h	0.000005126	−0.142%	$99.1M	$303.8M	300x	as long as short
Binance 1000PEPEUSDT	+0.0799%	8h	0.000005132	−0.027%	$142.5M	$1.42B	75x	as long as short
Extended 1000PEPE-USD	+0.0800%	1h	0.000005136	+0.047%	$542K	$277K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000005128	−0.105%	$145K	—	3x	as long as short
Kraken Futures PF_PEPEUSD	+0.0833%	1h	0.000005125	−0.160%	$4.7M	$16.7M	50x	as long as short
Aster 1000PEPEUSDT	+0.0839%	8h	0.000005134	+0.013%	$1.8M	$11.4M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0870%	1h	0.000005089	−0.865%	$154K	$816K	25x	as long as short
Hyperliquid kPEPE	+0.1014%	1h	0.000005137	+0.070%	$54.5M	$153.3M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1131% / S −0.2171%	1h	0.000005000	−2.599%	$64K	—	100x	as long as short
Injective PEPE/USDC PERP	+0.1379%	1h	0.000005027	−2.073%	$3K	$111K	12x	as long as short