PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0124%/8h= +13.5% APRnext payment +$0.15 per $10,000 · paid last 24h −0.163%

Price spread now: gTrade (Gains Network) against Kraken Futures−0.449%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on gTrade (Gains Network)

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

Funding pays, the price is against you. gTrade (Gains Network) is 0.449% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.449% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$45 on $10k: about 12 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_PEPEUSD	0.000004974	−0.0118	get 0.0015% / 1h	31m 57s	$4.0M	$13.9M	50x
Short	gTrade (Gains Network) PEPE/USD	0.000004952	L +0.0006% / S −0.0006%	get 0.0001% / 1h	31m 57s	$15K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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 Kraken FuturesbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.449%Rate

Funding earned: $25.96
Price spread: −0.449% → 0.000%: −$44.85
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$38.89
Costs to cover: 0.200%
Break-even: 17.5 days

Slippage unknown: Kraken Futures: live order book, 2 min ago; gTrade (Gains Network): 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 Kraken Futures live order book, 2 min ago	9.51 bp	18.4 bp −$18	28.9 bp −$289	66.6 bp −$6,665	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Kraken Futures PF_PEPEUSDlong	−0.0118%	1h	0.000004974	long leg	$4.0M	$13.9M	50x
dYdX PEPE-USD	0.0000%	1h	0.000004944	−0.615%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USDshort	L +0.0006% / S −0.0006%	1h	0.000004952	−0.449%	$15K	—	150x
Pacifica kPEPE	+0.0100%	1h	0.000004944	−0.609%	$58K	$119K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004975	+0.014%	$91.3M	$302.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004975	+0.014%	$157.6M	$65.9M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004978	+0.068%	$25.6M	$55.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004980	+0.120%	$43.4M	$152.1M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004921	−1.077%	$575K	$4.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004925	−0.996%	$26K	$353K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004964	−0.209%	$1K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004970	−0.087%	$2K	$12K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004971	−0.071%	$561K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000004980	+0.104%	$2.4M	$6.6M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0183%	8h	0.000004981	+0.134%	$43.6M	$528.8M	50x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004947	−0.556%	$7K	—	15x	as long as short
Paradex kPEPE-USD-PERP	+0.0203%	8h	0.000004947	−0.548%	$6K	$16	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0293%	8h	0.000004957	−0.356%	$30K	$13K	20x	as long as short
BloFin PEPE-USDT	+0.0306%	8h	0.000004937	−0.750%	$4.0M	$23.4M	75x	as long as short
Lighter 1000PEPE	+0.0312%	1h	0.000004974	−0.006%	$583K	$6.7M	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0368%	1h	0.000004966	−0.167%	$598K	$26.9M	50x	as long as short
Nado kPEPE-PERP	+0.0412%	1h	0.000004952	−0.458%	$193K	$851K	10x	as long as short
Hyperliquid kPEPE	+0.0436%	1h	0.000004989	+0.295%	$60.0M	$116.4M	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0455%	1h	0.000004932	−0.851%	$102K	$754K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0468% / S −0.0647%	1h	0.000004000	−19.587%	$48K	—	100x	as long as short
01 Exchange kPEPEUSD	+0.0472%	1h	0.000004947	−0.549%	$1K	$2K	10x	as long as short
BingX 1000PEPE-USDT	+0.0484%	8h	0.000004977	+0.058%	—	$256.9M	—	as long as short
Binance 1000PEPEUSDT	+0.0501%	8h	0.000004980	+0.110%	$140.0M	$1.09B	75x	as long as short
Extended 1000PEPE-USD	+0.0504%	1h	0.000004978	+0.078%	$546K	$148K	25x	as long as short
MEXC PEPE_USDT	+0.0504%	8h	0.000004981	+0.145%	$97.3M	$283.3M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0504%	1h	0.000004959	−0.308%	$140K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0527%	8h	0.000004968	−0.118%	$1.5M	$7.5M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0558%	1h	0.000004983	+0.185%	$95K	$601K	15x	as long as short
Injective PEPE/USDC PERP	+0.0636%	1h	0.000004942	−0.650%	$4K	$102K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0962%	1h	0.000004958	−0.328%	$71K	$107K	25x	as long as short