Funding you earn now, next payment 07:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.044%
Price spread now: Orderly against dYdX+0.264%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Orderly is 0.264% dearer against dYdX than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PEPE-USD | 0.000005139 | 0 | get 0.0000% / 1h | 49m 24s | $19K | $95 | 10x |
| Short | Orderly PERP_1000PEPE_USDC | 0.000005153 | 0.0380 | get 0.0380% / 8h | 1h 49m | $34K | $26K | 20x |
dYdX PEPE-USD
Orderly PERP_1000PEPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $79.79
- Price spread: +0.264% → 0.000%
- $26.39
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $90.18
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
dYdX and 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005159 | +0.388% | $10K | $119K | 12x | as long as short |
| dYdX PEPE-USDlong | 0.0000% | 1h | 0.000005139 | long leg | $19K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005145 | +0.112% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005147 | +0.155% | $60K | $180K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005148 | +0.174% | $101.3M | $414.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005141 | +0.038% | $163.7M | $96.0M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005148 | +0.176% | $25.8M | $72.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005155 | +0.304% | $615K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005165 | +0.512% | $28K | $540K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005163 | +0.460% | $2K | $2.6M | 20x | as long as short |
Injective PEPE/USDC PERP
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005157 | +0.350% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005160 | +0.414% | $595K | $4.2M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005146 | +0.130% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0304% | 8h | 0.000005148 | +0.180% | $46.1M | $214.1M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDCshort | +0.0380% | 8h | 0.000005153 | +0.264% | $34K | $26K | 20x | |
| OKX PEPE-USDT-SWAP | +0.0417% | 8h | 0.000005150 | +0.213% | $48.2M | $722.8M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0453% | 1h | 0.000005155 | +0.301% | $4.7M | $16.8M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0459% | 1h | 0.000005157 | +0.350% | $73K | $849K | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0510% | 8h | 0.000005148 | +0.172% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0526% | 1h | 0.000005156 | +0.330% | $74K | $127K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0539% | 8h | 0.000005154 | +0.291% | $4.5M | $29.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0575% | 8h | 0.000005160 | +0.406% | $2.4M | $8.0M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005166 | +0.525% | $669K | $38.7M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0629% | 1h | 0.000005167 | +0.544% | $156K | $820K | 25x | as long as short |
| Lighter 1000PEPE | +0.0656% | 1h | 0.000005149 | +0.194% | $619K | $9.0M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0656% | 1h | 0.000005146 | +0.135% | $621 | $3K | 10x | as long as short |
| Nado kPEPE-PERP | +0.0711% | 1h | 0.000005164 | +0.486% | $164K | $956K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0749% | 8h | 0.000005146 | +0.135% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0776% | 1h | 0.000005145 | +0.121% | $547K | $286K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0776% | 1h | 0.000005152 | +0.252% | $146K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0779% | 8h | 0.000005151 | +0.234% | $142.2M | $1.45B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0779% | 8h | 0.000005145 | +0.114% | $98.4M | $302.5M | 300x | as long as short |
| Aster 1000PEPEUSDT | +0.0795% | 8h | 0.000005146 | +0.143% | $1.8M | $11.6M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0930% | 1h | 0.000005151 | +0.233% | $55.0M | $154.5M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2351% | 1h | 0.000005000 | −2.706% | $63K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
Backpack kPEPE_USDC_PERP
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Lighter 1000PEPE
01 Exchange kPEPEUSD
Nado kPEPE-PERP
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]