Funding you earn now, next payment 08:00 UTC−0.0312%/8h= −34.1% APRnext payment −$3.12 per $10,000 · paid last 24h −0.016%
Price spread now: KuCoin against Orderly−0.190%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 −$9 a day on $10k at the current rate, and KuCoin is 0.190% cheaper against Orderly than usual: you would sell low and buy high (−$19 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 | Orderly PERP_1000PEPE_USDC | 0.000005051 | 0.0412 | pay 0.0412% / 8h | 2h 46m | $33K | $26K | 20x |
| Short | KuCoin PEPEUSDTM | 0.000005041 | 0.0100 | get 0.0100% / 8h | 2h 46m | $25.3M | $70.3M | 75x |
Orderly PERP_1000PEPE_USDC
KuCoin PEPEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$65.47
- Price spread: −0.190% → 0.000%
- −$19.01
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$102.48
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 8 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 KuCoin live order book, 8 min ago | 1.40 bp | 14.4 bp −$14 | 28.6 bp −$286 | 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 | 0.000005042 | −0.185% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005049 | −0.042% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005042 | −0.176% | $59K | $176K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005039 | −0.232% | $99.0M | $400.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005038 | −0.255% | $161.7M | $92.9M | 75x | as long as short |
| KuCoin PEPEUSDTMshort | +0.0100% | 8h | 0.000005041 | −0.190% | $25.3M | $70.3M | 75x | |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005051 | −0.006% | $595K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005016 | −0.692% | $28K | $537K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005057 | +0.119% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005061 | +0.196% | $565K | $4.1M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
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 | 0.000005054 | +0.063% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0282% | 1h | 0.000005052 | +0.022% | $2K | $10K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0343% | 8h | 0.000005043 | −0.164% | $45.5M | $208.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDClong | +0.0412% | 8h | 0.000005051 | long leg | $33K | $26K | 20x | |
| OKX PEPE-USDT-SWAP | +0.0413% | 8h | 0.000005044 | −0.137% | $46.9M | $683.0M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0533% | 8h | 0.000005033 | −0.354% | $4.5M | $27.9M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0549% | 8h | 0.000005049 | −0.036% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0656% | 8h | 0.000005034 | −0.325% | $2.4M | $7.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0680% | 1h | 0.000005046 | −0.097% | $601K | $9.0M | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005059 | +0.160% | $610 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005056 | +0.101% | $626K | $37.0M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0707% | 1h | 0.000005045 | −0.113% | $73K | $828K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0740% | 1h | 0.000005053 | +0.042% | $72K | $127K | 25x | as long as short |
| Nado kPEPE-PERP | +0.0775% | 1h | 0.000005055 | +0.072% | $170K | $940K | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0778% | 8h | 0.000005046 | −0.095% | — | $2.3M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0808% | 8h | 0.000005043 | −0.150% | $142.5M | $1.40B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005051 | +0.001% | $536K | $277K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0808% | 1h | 0.000005055 | +0.081% | $143K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0809% | 8h | 0.000005039 | −0.242% | $97.7M | $299.1M | 300x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0846% | 1h | 0.000005050 | −0.016% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0876% | 8h | 0.000005045 | −0.114% | $1.8M | $11.0M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0914% | 1h | 0.000005024 | −0.533% | $154K | $812K | 25x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1064% / S −0.1975% | 1h | 0.000005000 | −1.008% | $64K | — | 100x | as long as short |
| Hyperliquid kPEPE | +0.1137% | 1h | 0.000005047 | −0.077% | $53.5M | $150.7M | 10x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005013 | −0.750% | $3K | $111K | 12x | as long as short |
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Lighter 1000PEPE
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
Nado kPEPE-PERP
BingX 1000PEPE-USDC
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Hyperliquid kPEPE
Injective PEPE/USDC PERP