PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.006%

Price spread now: SoDEX against ApeX Omni−0.391%46s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on SoDEX

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—needs both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and SoDEX is 0.391% cheaper against ApeX Omni than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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	ApeX Omni 1000PEPEUSDT	0.000005115	0.0615	pay 0.0077% / 1h	3m 20s	$106K	$749K	25x
Short	SoDEX 1000PEPE-USD	0.000005095	0.0604	get 0.0076% / 1h	3m 20s	$2K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against ApeX Omni. 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 ApeX OmnibpFee SoDEXbpOrdersPrice spread, now −0.391%Rate

Funding earned: −$2.31
Price spread: −0.391% → 0.000%: −$39.1
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$59.41
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 66 min ago; SoDEX: no order-book sample. 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 ApeX Omni live order book, 66 min ago	5.63 bp	13.3 bp −$13	73.3 bp −$733	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 34 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	0.000005071	−0.860%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0008%	1h	0.000005073	−0.825%	$18K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005081	−0.665%	$62K	$127K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005078	−0.714%	$99.0M	$326.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005072	−0.841%	$162.9M	$72.5M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005075	−0.790%	$25.5M	$61.4M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005090	−0.493%	$47.4M	$167.1M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005096	−0.379%	$681K	$4.6M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005115	+0.001%	$27K	$422K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005099	−0.309%	$2K	$2.4M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005093	−0.434%	$580K	$3.6M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005075	−0.774%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0267%	8h	0.000005085	−0.587%	$45.8M	$578.5M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0290%	8h	0.000005084	−0.614%	$33K	$24K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0424%	1h	0.000005106	−0.176%	$929K	$30.7M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0461%	8h	0.000005089	−0.514%	$2.4M	$7.0M	50x	as long as short
BingX 1000PEPE-USDC	+0.0520%	8h	0.000005082	−0.649%	—	$2.3M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0531% / S −0.0563%	1h	0.000005000	−2.248%	$57K	—	100x	as long as short
MEXC PEPE_USDT	+0.0557%	8h	0.000005077	−0.741%	$96.6M	$292.6M	300x	as long as short
Binance 1000PEPEUSDT	+0.0559%	8h	0.000005080	−0.690%	$143.5M	$1.18B	75x	as long as short
Extended 1000PEPE-USD	+0.0560%	1h	0.000005076	−0.763%	$559K	$199K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0560%	1h	0.000005089	−0.508%	$144K	—	3x	as long as short
SoDEX 1000PEPE-USDshort	+0.0604%	1h	0.000005095	−0.391%	$2K	$12K	10x
ApeX Omni 1000PEPEUSDTlong	+0.0615%	1h	0.000005115	long leg	$106K	$749K	25x
Aster 1000PEPEUSDT	+0.0661%	8h	0.000005079	−0.712%	$1.7M	$8.3M	50x	as long as short
Nado kPEPE-PERP	+0.0669%	1h	0.000005076	−0.753%	$192K	$881K	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0679%	8h	0.000005083	−0.631%	$6K	—	20x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0733%	1h	0.000005091	−0.469%	$62K	$114K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.0817%	1h	0.000005095	−0.394%	$4.1M	$14.6M	50x	as long as short
Injective PEPE/USDC PERP	+0.0909%	1h	0.000005109	−0.117%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0954%	1h	0.000005097	−0.356%	$98K	$609K	15x	as long as short
01 Exchange kPEPEUSD	+0.0968%	1h	0.000005081	−0.665%	$613	$3K	10x	as long as short
Lighter 1000PEPE	+0.1816%	1h	0.000005093	−0.430%	$1.1M	$7.4M	10x	as long as short
Hyperliquid kPEPE	+0.2033%	1h	0.000005083	−0.626%	$56.2M	$136.2M	10x	as long as short