PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0097%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.042%

Price spread now: SoDEX against Lighter−0.104%7-day average — · you buy dearer than you sell

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

Long on Lighter 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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. SoDEX is 0.104% cheaper against Lighter than usual: you would sell low and buy high (spread −0.104% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter 1000PEPE	0.000004824	0.0688	pay 0.0086% / 1h	11m 04s	$601K	$5.3M	10x
Short	SoDEX 1000PEPE-USD	0.000004819	0.0785	get 0.0098% / 1h	11m 04s	$2K	$9K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. 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 LighterbpFee SoDEXbpOrdersPrice spread, now −0.104%Rate

Funding earned: $20.43
Price spread: −0.104% → 0.000%: −$10.36
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $2.07
Costs to cover: 0.080%
Break-even: 6.3 days

Slippage unknown: Lighter: live order book, 7 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 Lighter live order book, 7 min ago	3.11 bp	4.2 bp −$4	13.9 bp −$139	47.9 bp −$4,793	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 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	0.000004811	−0.272%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004817	−0.145%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004830	+0.124%	$58.4M	$72.4M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004816	−0.166%	$59K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004829	+0.095%	$87.8M	$275.3M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004826	+0.041%	$150.7M	$62.3M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004818	−0.133%	$24.9M	$53.2M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004810	−0.284%	$559K	$3.8M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004818	−0.127%	$27K	$342K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004828	+0.089%	$2K	$2.4M	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	0.000004815	−0.195%	$554K	$3.4M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0171%	8h	0.000004831	+0.145%	$41.4M	$487.4M	50x	as long as short
Bitget PEPEUSDT	+0.0181%	8h	0.000004832	+0.160%	$42.6M	$150.8M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004825	+0.021%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0287%	8h	0.000004831	+0.145%	$3.9M	$21.9M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0318% / S −0.0217%	1h	0.000004000	−17.081%	$52K	—	100x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0414%	8h	0.000004824	−0.002%	$29K	$11K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004817	−0.145%	$579K	$25.1M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0502%	8h	0.000004834	+0.214%	$2.3M	$6.4M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0525%	8h	0.000004821	−0.057%	$5K	$16	20x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004814	−0.207%	$4K	$110K	12x	as long as short
Lighter 1000PEPElong	+0.0688%	1h	0.000004824	long leg	$601K	$5.3M	10x
Backpack kPEPE_USDC_PERP	+0.0706%	1h	0.000004834	+0.203%	$93K	$624K	15x	as long as short
Nado kPEPE-PERP	+0.0735%	1h	0.000004823	−0.020%	$189K	$848K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0760%	1h	0.000004819	−0.106%	$3.9M	$13.1M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0765%	1h	0.000004818	−0.124%	$102K	$761K	25x	as long as short
SoDEX 1000PEPE-USDshort	+0.0785%	1h	0.000004819	−0.104%	$2K	$9K	10x
BingX 1000PEPE-USDT	+0.0820%	8h	0.000004833	+0.189%	—	$254.7M	—	as long as short
Extended 1000PEPE-USD	+0.0864%	1h	0.000004821	−0.061%	$529K	$147K	25x	as long as short
MEXC PEPE_USDT	+0.0864%	8h	0.000004835	+0.228%	$91.9M	$291.9M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0864%	1h	0.000004816	−0.166%	$136K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0866%	8h	0.000004832	+0.174%	$128.8M	$1.02B	75x	as long as short
Aster 1000PEPEUSDT	+0.0895%	8h	0.000004817	−0.145%	$1.5M	$6.8M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0995%	1h	0.000004824	0.000%	$82K	$94K	25x	as long as short
01 Exchange kPEPEUSD	+0.1208%	1h	0.000004833	+0.187%	$554	$2K	10x	as long as short