PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0220%/8h= −24.1% APRnext payment −$2.20 per $10,000 · paid last 24h −0.014%

Price spread now: HTX against Orderly+0.040%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on HTX

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

The price spread pays, funding is against you. HTX is 0.040% dearer against Orderly than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_1000PEPE_USDC	0.000005012	0.0320	pay 0.0320% / 8h	5h 27m	$33K	$24K	20x
Short	HTX PEPE-USDT	0.000005014	0.0100	get 0.0100% / 8h	5h 27m	$569K	$3.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$46.3
Price spread: +0.040% → 0.000%: $3.99
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Net: −$60.31
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; HTX: live order book, 2 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 HTX live order book, 2 min ago	11.28 bp	20.5 bp −$21	27.2 bp −$272	102.3 bp −$10.2K	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	−0.043%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005002	−0.188%	$14K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005014	+0.048%	$64K	$138K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005011	−0.014%	$97.6M	$337.6M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005006	−0.112%	$163.3M	$75.1M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005012	0.000%	$25.9M	$62.8M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005016	+0.097%	$676K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005011	−0.020%	$36K	$433K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005019	+0.146%	$2K	$2.4M	20x	as long as short
HTX PEPE-USDTshort	+0.0100%	8h	0.000005014	+0.040%	$569K	$3.6M	75x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEPEUSDT	+0.0105%	8h	0.000005012	+0.002%	$46.1M	$172.3M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005009	−0.059%	$8K	—	15x	as long as short
Orderly PERP_1000PEPE_USDClong	+0.0320%	8h	0.000005012	long leg	$33K	$24K	20x
OKX PEPE-USDT-SWAP	+0.0325%	8h	0.000005015	+0.068%	$45.3M	$584.8M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0368%	1h	0.000005016	+0.088%	$98K	$753K	25x	as long as short
BloFin PEPE-USDT	+0.0444%	8h	0.000005012	+0.008%	$4.3M	$25.1M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0542%	1h	0.000005009	−0.052%	$2K	$12K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0549%	1h	0.000005008	−0.072%	$61K	$114K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0576%	1h	0.000005010	−0.032%	$915K	$31.2M	50x	as long as short
BingX 1000PEPE-USDT	+0.0587%	8h	0.000005009	−0.054%	—	$261.1M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0598% / S −0.1071%	1h	0.000005000	−0.231%	$47K	—	100x	as long as short
Extended 1000PEPE-USD	+0.0616%	1h	0.000005008	−0.073%	$530K	$226K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0616%	1h	0.000005002	−0.192%	$141K	—	3x	as long as short
MEXC PEPE_USDT	+0.0618%	8h	0.000005013	+0.024%	$94.8M	$289.6M	300x	as long as short
Binance 1000PEPEUSDT	+0.0620%	8h	0.000005017	+0.098%	$139.9M	$1.21B	75x	as long as short
Aster 1000PEPEUSDT	+0.0715%	8h	0.000005011	−0.022%	$1.8M	$9.1M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0780%	8h	0.000005011	−0.004%	$6K	—	20x	as long as short
Nado kPEPE-PERP	+0.0833%	1h	0.000005010	−0.022%	$181K	$870K	10x	as long as short
Phemex u1000PEPEUSDT	+0.0835%	8h	0.000005011	−0.018%	$2.4M	$7.0M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0958%	1h	0.000005012	+0.002%	$94K	$626K	15x	as long as short
01 Exchange kPEPEUSD	+0.0960%	1h	0.000005018	+0.128%	$605	$3K	10x	as long as short
Injective PEPE/USDC PERP	+0.0973%	1h	0.000005105	+1.864%	$4K	$102K	12x	as long as short
Lighter 1000PEPE	+0.1248%	1h	0.000005010	−0.032%	$687K	$8.1M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1390%	1h	0.000005005	−0.123%	$4.2M	$15.2M	50x	as long as short
Hyperliquid kPEPE	+0.1676%	1h	0.000005017	+0.108%	$53.5M	$139.3M	10x	as long as short