Funding you earn now, next payment 06:00 UTC−0.0384%/8h= −42.1% APRpaid last 24h −0.077%
Price spread now: Orderly against Extended−0.029%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Orderly is 0.029% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended 1000PEPE-USD | 0.000004991 | 0.0784 | pay 0.0098% / 1h | 27m 55s | $528K | $277K | 25x |
| Short | Orderly PERP_1000PEPE_USDC | 0.000004989 | 0.0400 | get 0.0400% / 8h | 2h 27m | $33K | $26K | 20x |
Extended 1000PEPE-USD
Orderly PERP_1000PEPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Extended. 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
- −$80.68
- Price spread: −0.029% → 0.000%
- −$2.86
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$94.54
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 20 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 Extended live order book, 20 min ago | 2.98 bp | 7.5 bp −$7 | 42.8 bp −$428 | 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 | 0.000004985 | −0.121% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0001% | 1h | 0.000004980 | −0.219% | $6K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004990 | −0.015% | $57K | $177K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004988 | −0.057% | $97.9M | $404.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004983 | −0.155% | $160.6M | $94.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004990 | −0.009% | $24.8M | $70.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005001 | +0.200% | $599K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005003 | +0.255% | $27K | $538K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004994 | +0.066% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004983 | −0.151% | $558K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USD | +0.0177% | 1h | 0.000004989 | −0.035% | $2K | $10K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004987 | −0.083% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0336% | 8h | 0.000004991 | +0.009% | $44.7M | $209.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDCshort | +0.0400% | 8h | 0.000004989 | −0.029% | $33K | $26K | 20x | |
| OKX PEPE-USDT-SWAP | +0.0417% | 8h | 0.000004993 | +0.046% | $46.0M | $682.1M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0543% | 8h | 0.000005004 | +0.266% | $4.4M | $27.9M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0544% | 8h | 0.000004990 | −0.017% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0553% | 1h | 0.000004986 | −0.095% | $71K | $127K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0616% | 1h | 0.000004990 | −0.013% | $73K | $831K | 15x | as long as short |
| Lighter 1000PEPE | +0.0640% | 1h | 0.000004994 | +0.066% | $593K | $9.0M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0640% | 1h | 0.000004991 | +0.005% | $602 | $3K | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0650% | 8h | 0.000004990 | −0.007% | $2.4M | $7.9M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000004986 | −0.095% | $638K | $36.6M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0744% | 1h | 0.000004988 | −0.062% | $164K | $943K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0758% | 8h | 0.000004990 | −0.025% | — | $239.1M | — | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0764% | 1h | 0.000005005 | +0.286% | $154K | $813K | 25x | as long as short |
| Extended 1000PEPE-USDlong | +0.0784% | 1h | 0.000004991 | long leg | $528K | $277K | 25x | |
| Binance 1000PEPEUSDT | +0.0786% | 8h | 0.000004990 | −0.020% | $139.9M | $1.41B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0786% | 8h | 0.000004989 | −0.035% | $94.7M | $301.7M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000004991 | +0.005% | $141K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0839% | 8h | 0.000004988 | −0.054% | $1.7M | $11.2M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0857% | 1h | 0.000004984 | −0.126% | $4.5M | $16.8M | 50x | as long as short |
| Hyperliquid kPEPE | +0.0997% | 1h | 0.000004995 | +0.086% | $52.6M | $152.1M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1117% / S −0.2147% | 1h | 0.000004000 | −19.851% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000004992 | +0.026% | $3K | $111K | 12x | as long as short |
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
01 Exchange kPEPEUSD
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
BingX 1000PEPE-USDT
ApeX Omni 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP