PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0327%/8h= +35.8% APRnext payment +$3.27 per $10,000 · paid last 24h +0.024%

Price spread now: Binance against Orderly−0.068%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Binance

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Binance is 0.068% cheaper against Orderly than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 17 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_1000PEPE_USDC	0.000005010	0.0317	pay 0.0317% / 8h	5h 09m	$33K	$24K	20x
Short	Binance 1000PEPEUSDT	0.000005006	0.0644	get 0.0644% / 8h	5h 09m	$140.1M	$1.21B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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 OrderlybpFee BinancebpOrdersPrice spread, now −0.068%Rate

Funding earned: $68.62
Price spread: −0.068% → 0.000%: −$6.81
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: $45.81
Costs to cover: 0.160%
Break-even: 2.3 days

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 5 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 Binance live order book, 5 min ago	0.40 bp	8.6 bp −$9	13.1 bp −$131	41.8 bp −$4,183	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	0.000005002	−0.158%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005002	−0.158%	$15K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005008	−0.032%	$63K	$139K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005004	−0.112%	$97.3M	$341.1M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005008	−0.032%	$164.5M	$75.7M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005007	−0.056%	$25.8M	$63.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005020	+0.198%	$681K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005022	+0.242%	$27K	$444K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005015	+0.112%	$1K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005005	−0.102%	$569K	$3.6M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEPEUSDT	+0.0134%	8h	0.000005008	−0.026%	$45.8M	$173.2M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005005	−0.091%	$8K	—	15x	as long as short
Orderly PERP_1000PEPE_USDClong	+0.0317%	8h	0.000005010	long leg	$33K	$24K	20x
OKX PEPE-USDT-SWAP	+0.0349%	8h	0.000005008	−0.032%	$45.4M	$586.2M	50x	as long as short
BloFin PEPE-USDT	+0.0467%	8h	0.000005009	−0.012%	$4.3M	$25.0M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0516%	1h	0.000005010	+0.008%	$2K	$12K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0542%	1h	0.000005020	+0.208%	$99K	$755K	25x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0549%	1h	0.000005008	−0.032%	$71K	$124K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0576%	1h	0.000005012	+0.048%	$937K	$31.4M	50x	as long as short
BingX 1000PEPE-USDC	+0.0608%	8h	0.000005008	−0.026%	—	$2.3M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0634% / S −0.1019%	1h	0.000005000	−0.192%	$49K	—	100x	as long as short
MEXC PEPE_USDT	+0.0638%	8h	0.000005010	+0.018%	$94.4M	$290.6M	300x	as long as short
Extended 1000PEPE-USD	+0.0640%	1h	0.000005007	−0.042%	$530K	$226K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0640%	1h	0.000004972	−0.751%	$141K	—	3x	as long as short
Binance 1000PEPEUSDTshort	+0.0644%	8h	0.000005006	−0.068%	$140.1M	$1.21B	75x
Aster 1000PEPEUSDT	+0.0735%	8h	0.000005009	−0.014%	$1.8M	$9.2M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0744%	8h	0.000005007	−0.056%	$2.4M	$7.1M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0785%	8h	0.000005008	−0.029%	$6K	—	20x	as long as short
Nado kPEPE-PERP	+0.0794%	1h	0.000005003	−0.132%	$185K	$872K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0956%	1h	0.000005007	−0.054%	$92K	$632K	15x	as long as short
01 Exchange kPEPEUSD	+0.0960%	1h	0.000005012	+0.048%	$605	$3K	10x	as long as short
Injective PEPE/USDC PERP	+0.0973%	1h	0.000005011	+0.028%	$4K	$102K	12x	as long as short
Lighter 1000PEPE	+0.1152%	1h	0.000005011	+0.028%	$663K	$8.1M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1390%	1h	0.000005007	−0.053%	$4.3M	$15.3M	50x	as long as short
Hyperliquid kPEPE	+0.1573%	1h	0.000005012	+0.048%	$53.6M	$139.5M	10x	as long as short