PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0475%/8h= +52.0% APRnext payment +$4.75 per $10,000 · paid last 24h +0.044%

Price spread now: Paradex against Bybit−0.374%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Paradex

What this pair did over the last

the charts below follow

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 airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.374% cheaper against Bybit than usual: you would sell low and buy high (spread −0.374% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 2.6 days of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit 1000PEPEUSDT	0.000005050	0.0100	pay 0.0100% / 8h	6h 19m	$97.9M	$324.2M	50x
Short	Paradex kPEPE-USD-PERP	0.000005031	0.0575	get 0.0575% / 8h	6h 19m	$6K	$16	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. 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 BybitbpFee ParadexbpOrdersPrice spread, now −0.374%Rate

Funding earned: $99.65
Price spread: −0.374% → 0.000%: −$37.37
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: $47.28
Costs to cover: 0.150%
Break-even: 3.7 days

Slippage unknown: Bybit: live order book, 5 min ago; Paradex: 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 Bybit live order book, 5 min ago	0.99 bp	8.0 bp −$8	16.4 bp −$164	45.3 bp −$4,532	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 34 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	0.000005030	−0.390%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005030	−0.392%	$14K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005039	−0.214%	$61K	$126K	10x	as long as short
Bybit 1000PEPEUSDTlong	+0.0100%	8h	0.000005050	long leg	$97.9M	$324.2M	50x
Gate PEPE_USDT	+0.0100%	8h	0.000005040	−0.194%	$161.5M	$71.1M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005043	−0.139%	$25.4M	$60.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005048	−0.034%	$45.7M	$162.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005056	+0.114%	$624K	$4.5M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005059	+0.190%	$27K	$421K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005055	+0.097%	$1K	$2.4M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005040	−0.202%	$565K	$3.6M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005038	−0.225%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0239%	8h	0.000005051	+0.024%	$44.9M	$569.1M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0280%	8h	0.000005049	−0.012%	$33K	$23K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0301%	1h	0.000005059	+0.182%	$106K	$746K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0424%	1h	0.000005051	+0.024%	$746K	$29.8M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0492%	8h	0.000005044	−0.123%	$2.4M	$7.0M	50x	as long as short
BingX 1000PEPE-USDC	+0.0497%	8h	0.000005037	−0.253%	—	$2.3M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0515% / S −0.0543%	1h	0.000005000	−0.986%	$56K	—	100x	as long as short
Extended 1000PEPE-USD	+0.0520%	1h	0.000005045	−0.088%	$554K	$199K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0520%	1h	0.000005046	−0.075%	$143K	—	3x	as long as short
MEXC PEPE_USDT	+0.0523%	8h	0.000005043	−0.129%	$94.2M	$291.1M	300x	as long as short
Binance 1000PEPEUSDT	+0.0524%	8h	0.000005058	+0.164%	$142.5M	$1.17B	75x	as long as short
SoDEX 1000PEPE-USD	+0.0551%	1h	0.000005046	−0.075%	$2K	$12K	10x	as long as short
Paradex kPEPE-USD-PERPshort	+0.0575%	8h	0.000005031	−0.374%	$6K	$16	20x
Aster 1000PEPEUSDT	+0.0617%	8h	0.000005046	−0.079%	$1.7M	$8.2M	50x	as long as short
Nado kPEPE-PERP	+0.0652%	1h	0.000005040	−0.189%	$180K	$881K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0825%	1h	0.000005046	−0.077%	$4.0M	$14.5M	50x	as long as short
Injective PEPE/USDC PERP	+0.0909%	1h	0.000005098	+0.954%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0919%	1h	0.000005048	−0.032%	$99K	$618K	15x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0940%	1h	0.000005046	−0.075%	$61K	$114K	25x	as long as short
01 Exchange kPEPEUSD	+0.0952%	1h	0.000005040	−0.194%	$1K	$2K	10x	as long as short
Lighter 1000PEPE	+0.1632%	1h	0.000005055	+0.103%	$1.1M	$7.4M	10x	as long as short
Hyperliquid kPEPE	+0.2158%	1h	0.000005055	+0.103%	$55.7M	$136.0M	10x	as long as short