Funding you earn now, next payment 06:00 UTC+0.0501%/8h= +54.8% APRpaid last 24h +0.052%
Price spread now: ApeX Omni against Orderly+0.130%50s7-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 +$15 a day on $10k at the current rate, and ApeX Omni is 0.130% dearer against Orderly than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_1000PEPE_USDC | 0.000005018 | 0.0414 | pay 0.0414% / 8h | 2h 49m | $33K | $27K | 20x |
| Short | ApeX Omni 1000PEPEUSDT | 0.000005024 | 0.0914 | get 0.0114% / 1h | 49m 36s | $154K | $812K | 25x |
Orderly PERP_1000PEPE_USDC
ApeX Omni 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Orderly. 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
- $105.12
- Price spread: +0.130% → 0.000%
- $12.95
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $102.07
- Costs to cover
- 0.160%
- Break-even
- 0.2 days
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 64 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 64 min ago | 4.06 bp | 11.6 bp −$12 | 94.4 bp −$944 | doesn't fit | doesn't fit |
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 | 0.000005009 | −0.167% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005011 | −0.126% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005016 | −0.030% | $58K | $176K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005009 | −0.169% | $98.5M | $399.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005013 | −0.090% | $160.6M | $92.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005017 | −0.020% | $25.1M | $70.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005035 | +0.341% | $596K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004979 | −0.759% | $27K | $536K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005021 | +0.078% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005024 | +0.120% | $561K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005014 | −0.074% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0306% | 1h | 0.000005017 | −0.010% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0343% | 8h | 0.000005015 | −0.058% | $45.4M | $208.5M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0349% | 1h | 0.000005015 | −0.050% | $72K | $127K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0409% | 8h | 0.000005014 | −0.070% | $46.5M | $677.9M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDClong | +0.0414% | 8h | 0.000005018 | long leg | $33K | $27K | 20x | |
| BloFin PEPE-USDT | +0.0531% | 8h | 0.000005038 | +0.409% | $4.8M | $27.9M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0544% | 8h | 0.000005019 | +0.026% | $6K | — | 20x | as long as short |
| Lighter 1000PEPE | +0.0640% | 1h | 0.000005020 | +0.050% | $600K | $9.0M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0664% | 1h | 0.000005012 | −0.104% | $73K | $826K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005028 | +0.209% | $620K | $36.7M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0696% | 8h | 0.000005015 | −0.054% | $2.4M | $7.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0696% | 1h | 0.000005017 | −0.010% | $605 | $3K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0766% | 8h | 0.000005015 | −0.058% | — | $238.3M | — | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005042 | +0.488% | $143K | — | 3x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005016 | −0.039% | $533K | $262K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0809% | 8h | 0.000005014 | −0.062% | $142.0M | $1.39B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0809% | 8h | 0.000005019 | +0.038% | $96.8M | $298.6M | 300x | as long as short |
| Nado kPEPE-PERP | +0.0814% | 1h | 0.000005017 | −0.007% | $169K | $940K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0852% | 1h | 0.000005012 | −0.108% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0881% | 8h | 0.000005017 | −0.020% | $1.7M | $11.0M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDTshort | +0.0914% | 1h | 0.000005024 | +0.130% | $154K | $812K | 25x | |
| GMX PEPE/USD [ETH-USDC] | L +0.1051% / S −0.1949% | 1h | 0.000005000 | −0.349% | $64K | — | 100x | as long as short |
| Hyperliquid kPEPE | +0.1059% | 1h | 0.000005019 | +0.030% | $53.3M | $150.6M | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000004976 | −0.827% | $3K | $111K | 12x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
BingX 1000PEPE-USDT
Aevo 1000PEPE-PERP
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Hyperliquid kPEPE
Injective PEPE/USDC PERP