Funding you earn now, next payment 08:00 UTC+0.0080%/8h= +8.7% APRnext payment +$0.80 per $10,000 · paid last 24h +0.004%
Price spread now: Orderly against OKX+0.277%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 +$2 a day on $10k at the current rate, and Orderly is 0.277% dearer against OKX than usual: you sell high and buy low: +$28 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 | OKX PEPE-USDT-SWAP | 0.000005016 | 0.0191 | pay 0.0191% / 8h | 7h 03m | $44.6M | $545.4M | 50x |
| Short | Orderly PERP_1000PEPE_USDC | 0.000005030 | 0.0271 | get 0.0271% / 8h | 7h 03m | $32K | $22K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. 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
- $16.75
- Price spread: +0.277% → 0.000%
- $27.71
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $28.46
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 6 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 OKX live order book, 6 min ago | 0.99 bp | 8.8 bp −$9 | 14.3 bp −$143 | 44.6 bp −$4,460 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0117% | 1h | 0.000005021 | +0.092% | $3.9M | $14.3M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005016 | −0.007% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005020 | +0.078% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005020 | +0.080% | $59K | $120K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005012 | −0.076% | $95.5M | $311.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005023 | +0.140% | $161.5M | $69.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005022 | +0.116% | $25.4M | $58.0M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005018 | +0.046% | $44.4M | $156.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005053 | +0.729% | $591K | $4.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005083 | +1.340% | $46K | $386K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005026 | +0.199% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005023 | +0.140% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005023 | +0.146% | $565K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000005021 | +0.092% | $2.4M | $6.8M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005023 | +0.145% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAPlong | +0.0191% | 8h | 0.000005016 | long leg | $44.6M | $545.4M | 50x | |
| ApeX Omni 1000PEPEUSDT | +0.0235% | 1h | 0.000005063 | +0.937% | $111K | $752K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDCshort | +0.0271% | 8h | 0.000005030 | +0.277% | $32K | $22K | 20x | |
| Paradex kPEPE-USD-PERP | +0.0306% | 8h | 0.000005018 | +0.042% | $6K | $16 | 20x | as long as short |
| BloFin PEPE-USDT | +0.0313% | 8h | 0.000005013 | −0.060% | $4.1M | $24.4M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0347% | 1h | 0.000005028 | +0.239% | $61K | $114K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000005023 | +0.140% | $630K | $28.1M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0452% | 8h | 0.000005018 | +0.038% | — | $257.7M | — | as long as short |
| Extended 1000PEPE-USD | +0.0472% | 1h | 0.000005029 | +0.255% | $552K | $199K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0472% | 1h | 0.000005021 | +0.100% | $142K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0475% | 8h | 0.000005021 | +0.096% | $96.7M | $293.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0476% | 8h | 0.000005017 | +0.020% | $138.7M | $1.13B | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0501% / S −0.0406% | 1h | 0.000005000 | −0.319% | $63K | — | 100x | as long as short |
| Aster 1000PEPEUSDT | +0.0535% | 8h | 0.000005027 | +0.215% | $1.7M | $7.8M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0590% | 1h | 0.000005021 | +0.103% | $188K | $867K | 10x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000005025 | +0.179% | $650K | $6.9M | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000005069 | +1.057% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0663% | 1h | 0.000005020 | +0.090% | $95K | $601K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0664% | 1h | 0.000005027 | +0.219% | $1K | $2K | 10x | as long as short |
| Hyperliquid kPEPE | +0.2287% | 1h | 0.000005037 | +0.419% | $56.1M | $133.1M | 10x | as long as short |
OKX PEPE-USDT-SWAP
Kraken Futures PF_PEPEUSD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDT
Lighter 1000PEPE
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Hyperliquid kPEPE