Funding you earn now, next payment 08:00 UTC−0.0428%/8h= −46.8% APRnext payment −$4.28 per $10,000 · paid last 24h −0.022%
Price spread now: Orderly against MEXC−0.173%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Orderly is 0.173% cheaper against MEXC than usual: you would sell low and buy high (−$17 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 | MEXC PEPE_USDT | 0.000005326 | 0.0807 | pay 0.0807% / 8h | 3h 45m | $103.8M | $292.7M | 300x |
| Short | Orderly PERP_1000PEPE_USDC | 0.000005317 | 0.0379 | get 0.0379% / 8h | 3h 45m | $36K | $26K | 20x |
MEXC PEPE_USDT
Orderly PERP_1000PEPE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against MEXC. 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
- −$89.84
- Price spread: −0.173% → 0.000%
- −$17.27
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$113.11
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 0.47 bp | 1.6 bp −$2 | 16.2 bp −$162 | 47.0 bp −$4,701 | 73.9 bp −$37.0K |
| 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 | 0.000005317 | −0.162% | $20K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005313 | −0.250% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005381 | +1.031% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005321 | −0.096% | $69K | $153K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005317 | −0.171% | $104.4M | $371.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005316 | −0.190% | $176.1M | $86.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005317 | −0.163% | $26.9M | $67.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005314 | −0.235% | $761K | $5.1M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005342 | +0.307% | $43K | $498K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005321 | −0.096% | $2K | $2.5M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005324 | −0.030% | $610K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005322 | −0.086% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0264% | 8h | 0.000005326 | +0.004% | $52.0M | $186.6M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDCshort | +0.0379% | 8h | 0.000005317 | −0.173% | $36K | $26K | 20x | |
| OKX PEPE-USDT-SWAP | +0.0422% | 8h | 0.000005323 | −0.058% | $52.4M | $675.5M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0542% | 8h | 0.000005333 | +0.130% | $4.5M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0617% | 8h | 0.000005320 | −0.122% | $2.6M | $7.5M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0688% | 1h | 0.000005324 | −0.039% | $2K | $10K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0691% | 1h | 0.000005317 | −0.171% | $75K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005322 | −0.077% | $714K | $36.2M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0754% | 8h | 0.000005321 | −0.098% | — | $2.3M | — | as long as short |
| Paradex kPEPE-USD-PERP | +0.0799% | 8h | 0.000005320 | −0.106% | $6K | — | 20x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005323 | −0.058% | $150K | — | 3x | as long as short |
| MEXC PEPE_USDTlong | +0.0807% | 8h | 0.000005326 | long leg | $103.8M | $292.7M | 300x | |
| Binance 1000PEPEUSDT | +0.0807% | 8h | 0.000005322 | −0.081% | $154.1M | $1.31B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005323 | −0.052% | $563K | $226K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0856% | 1h | 0.000005325 | −0.012% | $190K | $914K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0894% / S −0.1749% | 1h | 0.000005000 | −6.123% | $65K | — | 100x | as long as short |
| Aster 1000PEPEUSDT | +0.0935% | 8h | 0.000005321 | −0.104% | $1.9M | $9.9M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1118% | 1h | 0.000005342 | +0.299% | $177K | $798K | 25x | as long as short |
| Lighter 1000PEPE | +0.1224% | 1h | 0.000005324 | −0.039% | $692K | $8.6M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.1240% | 1h | 0.000005333 | +0.130% | $643 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1367% | 1h | 0.000005320 | −0.109% | $72K | $722K | 15x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1535% | 1h | 0.000005319 | −0.140% | $4.9M | $16.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1772% | 1h | 0.000005329 | +0.054% | $58.5M | $144.5M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
SoDEX 1000PEPE-USD
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Paradex kPEPE-USD-PERP
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Nado kPEPE-PERP
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
Lighter 1000PEPE
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE