PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0579%/8h= +63.4% APRnext payment +$0.72 per $10,000 · paid last 24h +0.074%

Price spread now: Extended against Reya−0.212%68s7-day average — · you buy dearer than you sell

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

Long on Reya Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropReya: Active · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.212% cheaper against Reya than usual: you would sell low and buy high (spread −0.212% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 29 hours of funding at the current rate (+$17 a day). The two prices were read 68 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	Reya kPEPERUSDPERP	0.000005091	0.0189	pay 0.0024% / 1h	28m 04s	$8K	—	15x
Short	Extended 1000PEPE-USD	0.000005080	0.0768	get 0.0096% / 1h	28m 04s	$538K	$280K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Reya. 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 ReyabpFee ExtendedbpOrdersPrice spread, now −0.212%Rate

Funding earned: $121.59
Price spread: −0.212% → 0.000%: −$21.21
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $89.38
Costs to cover: 0.110%
Break-even: 1.9 days

Slippage unknown: Reya: no order-book sample; Extended: live order book, 15 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 Reya no order-book sample	—	—	—	—	—
Sell Extended live order book, 15 min ago	2.91 bp	7.3 bp −$7	43.0 bp −$430	doesn't fit	doesn't fit

Reya: 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
Injective PEPE/USDC PERP	−0.0016%	1h	0.000005102	+0.221%	$9K	$120K	12x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000005070	−0.414%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0008%	1h	0.000005077	−0.262%	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005086	−0.093%	$59K	$181K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005084	−0.132%	$99.1M	$419.1M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005076	−0.289%	$161.5M	$97.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005084	−0.126%	$25.8M	$72.4M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005079	−0.238%	$595K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005076	−0.296%	$28K	$543K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005089	−0.030%	$2K	$2.7M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005081	−0.191%	$588K	$4.2M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0167%	1h	0.000005080	−0.211%	$2K	$11K	10x	as long as short
Reya kPEPERUSDPERPlong	+0.0189%	1h	0.000005091	long leg	$8K	—	15x
ApeX Omni 1000PEPEUSDT	+0.0230%	1h	0.000005079	−0.230%	$154K	$822K	25x	as long as short
Bitget PEPEUSDT	+0.0289%	8h	0.000005085	−0.107%	$45.5M	$215.6M	75x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0341%	1h	0.000005080	−0.211%	$72K	$127K	25x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0390%	8h	0.000005080	−0.205%	$33K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0409%	8h	0.000005084	−0.132%	$47.2M	$721.7M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0419%	1h	0.000005084	−0.130%	$73K	$859K	15x	as long as short
Kraken Futures PF_PEPEUSD	+0.0459%	1h	0.000005079	−0.223%	$4.6M	$16.5M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0501%	8h	0.000005080	−0.207%	$6K	—	20x	as long as short
BloFin PEPE-USDT	+0.0533%	8h	0.000005094	+0.064%	$4.6M	$29.3M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0588%	8h	0.000005084	−0.140%	$2.4M	$8.0M	50x	as long as short
Lighter 1000PEPE	+0.0616%	1h	0.000005083	−0.152%	$605K	$9.1M	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0624%	1h	0.000005088	−0.054%	$684K	$38.5M	50x	as long as short
01 Exchange kPEPEUSD	+0.0656%	1h	0.000005089	−0.034%	$813	$3K	10x	as long as short
BingX 1000PEPE-USDC	+0.0731%	8h	0.000005085	−0.120%	—	$2.3M	—	as long as short
Aevo 1000PEPE-PERP	+0.0760%	1h	0.000005085	−0.113%	$144K	—	3x	as long as short
MEXC PEPE_USDT	+0.0764%	8h	0.000005082	−0.164%	$98.2M	$304.8M	300x	as long as short
Aster 1000PEPEUSDT	+0.0767%	8h	0.000005088	−0.046%	$1.7M	$11.8M	50x	as long as short
Binance 1000PEPEUSDT	+0.0767%	8h	0.000005087	−0.073%	$139.6M	$1.46B	75x	as long as short
Nado kPEPE-PERP	+0.0767%	1h	0.000005082	−0.167%	$163K	$959K	10x	as long as short
Extended 1000PEPE-USDshort	+0.0768%	1h	0.000005080	−0.212%	$538K	$280K	25x
Hyperliquid kPEPE	+0.0947%	1h	0.000005087	−0.073%	$52.6M	$156.4M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1130% / S −0.2257%	1h	0.000005000	−1.782%	$63K	—	100x	as long as short