PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC−0.013%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$150.147% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.013%, 7d avg −0.005%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PEPE_USDT	0.000004743	0.0590	pay 0.0590% / 8h	18m 36s	$88.0M	$282.1M	300x
Short	Binance 1000PEPEUSDT	0.000004742	0.0588	get 0.0588% / 8h	18m 36s	$131.2M	$1.07B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now −0.013%Rate

Funding earned: −$0.41
Price spread: −0.013% → −0.005%: −$0.79
Slippage, 4 orders: −$4.65
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$15.85
Costs to cover: 0.147%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; Binance: live order book, 10 min ago.

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 MEXC live order book, 6 min ago	0.32 bp	0.8 bp −$1	12.4 bp −$124	47.9 bp −$4,794	82.9 bp −$41.4K
Sell Binance live order book, 10 min ago	0.10 bp	7.1 bp −$7	11.5 bp −$115	35.4 bp −$3,541	doesn't fit

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
Hyperliquid kPEPE	−0.0241%	1h	0.000004733	−0.202%	$68.1M	$94.9M	10x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004738	−0.091%	$17K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000004735	−0.158%	$13K	—	150x	as long as short
Kraken Futures PF_PEPEUSD	+0.0067%	1h	0.000004738	−0.094%	$3.8M	$13.7M	50x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004740	−0.055%	$56K	$119K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004739	−0.076%	$86.2M	$292.1M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004738	−0.097%	$149.4M	$64.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004740	−0.046%	$24.1M	$54.6M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004741	−0.040%	$41.9M	$150.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004733	−0.205%	$570K	$4.2M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004744	+0.038%	$25K	$350K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004745	+0.051%	$99K	$755K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004747	+0.101%	$2K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004740	−0.055%	$2K	$12K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004739	−0.078%	$534K	$3.5M	75x	as long as short
Lighter 1000PEPE	+0.0104%	1h	0.000004742	−0.013%	$592K	$6.5M	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0177%	8h	0.000004742	−0.015%	$5K	$16	20x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004739	−0.085%	$7K	—	15x	as long as short
Phemex u1000PEPEUSDT	+0.0194%	8h	0.000004742	−0.008%	$2.3M	$6.5M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0203%	8h	0.000004743	+0.008%	$41.1M	$494.5M	50x	as long as short
01 Exchange kPEPEUSD	+0.0288%	1h	0.000004745	+0.051%	$544	$2K	10x	as long as short
BloFin PEPE-USDT	+0.0322%	8h	0.000004736	−0.139%	$3.9M	$22.3M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0373%	8h	0.000004738	−0.091%	$29K	$13K	20x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0386% / S −0.0311%	1h	0.000004000	−15.658%	$49K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0400%	1h	0.000004741	−0.034%	$579K	$25.5M	50x	as long as short
Injective PEPE/USDC PERP	+0.0437%	1h	0.000004736	−0.139%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0553%	1h	0.000004742	−0.011%	$90K	$601K	15x	as long as short
BingX 1000PEPE-USDC	+0.0582%	8h	0.000004737	−0.124%	—	$2.3M	—	as long as short
Aster 1000PEPEUSDT	+0.0584%	8h	0.000004739	−0.084%	$1.5M	$7.3M	50x	as long as short
Binance 1000PEPEUSDTshort	+0.0588%	8h	0.000004742	−0.013%	$131.2M	$1.07B	75x
MEXC PEPE_USDTlong	+0.0590%	8h	0.000004743	long leg	$88.0M	$282.1M	300x
Extended 1000PEPE-USD	+0.0592%	1h	0.000004741	−0.041%	$521K	$148K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0592%	1h	0.000004739	−0.076%	$134K	—	3x	as long as short
Nado kPEPE-PERP	+0.0643%	1h	0.000004742	−0.014%	$179K	$850K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0806%	1h	0.000004739	−0.076%	$76K	$98K	25x	as long as short