PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0421%/8h= +46.1% APRnext payment +$4.21 per $10,000 · paid last 24h +0.029%

Price spread now: Aster against Paradex−0.035%49s7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Aster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.035% cheaper against Paradex than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$13 a day). The two prices were read 49 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	Paradex kPEPE-USD-PERP	0.000004742	0.0179	pay 0.0179% / 8h	23m 44s	$5K	$16	20x
Short	Aster 1000PEPEUSDT	0.000004740	0.0600	get 0.0600% / 8h	23m 44s	$1.5M	$7.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Paradex. 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 ParadexbpFee AsterbpOrdersPrice spread, now −0.035%Rate

Funding earned: $88.44
Price spread: −0.035% → 0.000%: −$3.5
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: $72.94
Costs to cover: 0.120%
Break-even: 1.2 days

Slippage unknown: Paradex: no order-book sample; Aster: 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 Paradex no order-book sample	—	—	—	—	—
Sell Aster live order book, 5 min ago	1.26 bp	6.5 bp −$6	9.2 bp −$92	doesn't fit	doesn't fit

Paradex: 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
Hyperliquid kPEPE	−0.0194%	1h	0.000004731	−0.229%	$66.3M	$93.3M	10x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004738	−0.086%	$17K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000004737	−0.111%	$13K	—	150x	as long as short
Kraken Futures PF_PEPEUSD	+0.0067%	1h	0.000004739	−0.063%	$3.8M	$13.7M	50x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004741	−0.018%	$59K	$116K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004738	−0.086%	$85.8M	$291.3M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004736	−0.124%	$148.8M	$64.6M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004738	−0.073%	$24.1M	$54.5M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004736	−0.130%	$41.8M	$150.4M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004753	+0.234%	$536K	$4.1M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004770	+0.594%	$25K	$348K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004769	+0.572%	$99K	$754K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004748	+0.129%	$2K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004739	−0.060%	$2K	$12K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004744	+0.045%	$534K	$3.5M	75x	as long as short
Lighter 1000PEPE	+0.0104%	1h	0.000004740	−0.039%	$582K	$6.4M	10x	as long as short
Paradex kPEPE-USD-PERPlong	+0.0179%	8h	0.000004742	long leg	$5K	$16	20x
Phemex u1000PEPEUSDT	+0.0183%	8h	0.000004739	−0.052%	$2.3M	$6.5M	50x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004738	−0.071%	$7K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0202%	8h	0.000004738	−0.081%	$41.0M	$493.5M	50x	as long as short
01 Exchange kPEPEUSD	+0.0264%	1h	0.000004737	−0.102%	$543	$2K	10x	as long as short
BloFin PEPE-USDT	+0.0326%	8h	0.000004743	+0.024%	$3.9M	$22.2M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0381%	8h	0.000004738	−0.084%	$29K	$12K	20x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0381% / S −0.0343%	1h	0.000004000	−15.645%	$46K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0400%	1h	0.000004740	−0.039%	$557K	$25.4M	50x	as long as short
Injective PEPE/USDC PERP	+0.0437%	1h	0.000004768	+0.551%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0577%	1h	0.000004739	−0.058%	$90K	$602K	15x	as long as short
BingX 1000PEPE-USDC	+0.0598%	8h	0.000004737	−0.102%	—	$2.3M	—	as long as short
Aster 1000PEPEUSDTshort	+0.0600%	8h	0.000004740	−0.035%	$1.5M	$7.3M	50x
MEXC PEPE_USDT	+0.0605%	8h	0.000004740	−0.033%	$88.5M	$281.7M	300x	as long as short
Binance 1000PEPEUSDT	+0.0605%	8h	0.000004741	−0.022%	$130.6M	$1.06B	75x	as long as short
Extended 1000PEPE-USD	+0.0608%	1h	0.000004737	−0.095%	$521K	$148K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0608%	1h	0.000004743	+0.024%	$134K	—	3x	as long as short
Nado kPEPE-PERP	+0.0662%	1h	0.000004739	−0.069%	$181K	$849K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0806%	1h	0.000004742	+0.003%	$76K	$98K	25x	as long as short