Funding you earn now, next payment 22:00 UTC+0.0471%/8h= +51.6% APRnext payment +$0.59 per $10,000 · paid last 24h −0.025%
Price spread now: SoDEX against GMX+20.225%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 for this trade now. Funding pays +$14 a day on $10k at the current rate, and SoDEX is 20.225% dearer against GMX than usual: you sell high and buy low: +$2,023 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PEPE/USD [ETH-USDC] | 0.000004000 | L +0.0318% / S −0.0217% | pay 0.0040% / 1h | 12m 06s | $52K | — | 100x |
| Short | SoDEX 1000PEPE-USD | 0.000004809 | 0.0789 | get 0.0099% / 1h | 12m 06s | $2K | $9K | 10x |
GMX PEPE/USD [ETH-USDC]
SoDEX 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against GMX. 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
- $98.91
- Price spread: +20.225% → 0.000%
- $2,022.5
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $2,101.41
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
GMX and 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 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 | 0.000004802 | +20.058% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004804 | +20.108% | $14K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004809 | +20.225% | $58.2M | $72.2M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004810 | +20.250% | $59K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004805 | +20.135% | $87.4M | $275.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004804 | +20.100% | $150.0M | $62.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004806 | +20.148% | $24.8M | $53.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004810 | +20.257% | $559K | $3.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004818 | +20.447% | $27K | $342K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004817 | +20.422% | $2K | $2.4M | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004809 | +20.235% | $554K | $3.4M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0168% | 8h | 0.000004809 | +20.225% | $41.3M | $484.9M | 50x | as long as short |
| Bitget PEPEUSDT | +0.0181% | 8h | 0.000004806 | +20.160% | $42.4M | $150.8M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004811 | +20.278% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0284% | 8h | 0.000004810 | +20.250% | $3.8M | $21.8M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC]long | L +0.0318% / S −0.0217% | 1h | 0.000004000 | long leg | $52K | — | 100x | |
| Orderly PERP_1000PEPE_USDC | +0.0412% | 8h | 0.000004811 | +20.273% | $29K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0464% | 1h | 0.000004817 | +20.425% | $579K | $25.1M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0501% | 8h | 0.000004809 | +20.228% | $2.3M | $6.4M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0519% | 8h | 0.000004809 | +20.229% | $5K | $16 | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0555% | 1h | 0.000004834 | +20.850% | $4K | $110K | 12x | as long as short |
| Lighter 1000PEPE | +0.0656% | 1h | 0.000004813 | +20.325% | $602K | $5.3M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0699% | 1h | 0.000004809 | +20.220% | $92K | $622K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0743% | 1h | 0.000004811 | +20.279% | $188K | $848K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0762% | 1h | 0.000004807 | +20.178% | $3.9M | $13.1M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0765% | 1h | 0.000004818 | +20.450% | $102K | $761K | 25x | as long as short |
| SoDEX 1000PEPE-USDshort | +0.0789% | 1h | 0.000004809 | +20.225% | $2K | $9K | 10x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0791% | 1h | 0.000004809 | +20.225% | $81K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0813% | 8h | 0.000004809 | +20.218% | — | $2.3M | — | as long as short |
| MEXC PEPE_USDT | +0.0863% | 8h | 0.000004810 | +20.253% | $91.5M | $291.8M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0864% | 1h | 0.000004806 | +20.160% | $529K | $147K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0864% | 1h | 0.000004797 | +19.925% | $136K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0864% | 8h | 0.000004810 | +20.255% | $128.2M | $1.02B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0891% | 8h | 0.000004811 | +20.270% | $1.5M | $6.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.1216% | 1h | 0.000004821 | +20.525% | $552 | $2K | 10x | as long as short |
HTX PEPE-USDT
OKX PEPE-USDT-SWAP
Bitget PEPEUSDT
Reya kPEPERUSDPERP
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Injective PEPE/USDC PERP
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD