PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.004%

Price spread now: SoDEX against Nado−0.115%7-day average — · you buy dearer than you sell

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

Long on Nado 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 airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. SoDEX is 0.115% cheaper against Nado than usual: you would sell low and buy high (spread −0.115% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 9.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado kPEPE-PERP	0.000004827	0.0731	pay 0.0091% / 1h	8m 32s	$189K	$848K	10x
Short	SoDEX 1000PEPE-USD	0.000004821	0.0771	get 0.0096% / 1h	8m 32s	$2K	$9K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Nado. 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 NadobpFee SoDEXbpOrdersPrice spread, now −0.115%Rate

Funding earned: $8.21
Price spread: −0.115% → 0.000%: −$11.5
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$18.29
Costs to cover: 0.150%
Break-even: 22.6 days

Slippage unknown: Nado: live order book, 15 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 Nado live order book, 15 min ago	4.12 bp	11.9 bp −$12	28.6 bp −$286	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 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	0.000004805	−0.449%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004817	−0.208%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004809	−0.364%	$58.4M	$72.6M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004809	−0.364%	$59K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004814	−0.260%	$87.6M	$275.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004806	−0.426%	$150.2M	$62.3M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004809	−0.368%	$24.9M	$53.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004820	−0.128%	$577K	$3.8M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004821	−0.107%	$27K	$340K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004836	+0.190%	$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	0.000004830	+0.080%	$556K	$3.4M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0177%	8h	0.000004817	−0.198%	$41.5M	$486.2M	50x	as long as short
Bitget PEPEUSDT	+0.0183%	8h	0.000004812	−0.301%	$42.5M	$150.8M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004826	−0.007%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0295%	8h	0.000004821	−0.115%	$3.9M	$21.8M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0318% / S −0.0217%	1h	0.000004000	−17.125%	$52K	—	100x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0417%	8h	0.000004822	−0.090%	$29K	$11K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004836	+0.196%	$582K	$25.2M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0485%	8h	0.000004821	−0.119%	$2.3M	$6.4M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0526%	8h	0.000004809	−0.362%	$5K	$16	20x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004829	+0.051%	$4K	$110K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0581%	1h	0.000004820	−0.136%	$81K	$94K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.0720%	1h	0.000004819	−0.163%	$93K	$624K	15x	as long as short
Lighter 1000PEPE	+0.0728%	1h	0.000004815	−0.239%	$599K	$5.3M	10x	as long as short
Nado kPEPE-PERPlong	+0.0731%	1h	0.000004827	long leg	$189K	$848K	10x
ApeX Omni 1000PEPEUSDT	+0.0743%	1h	0.000004818	−0.177%	$102K	$762K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.0760%	1h	0.000004820	−0.133%	$3.9M	$13.1M	50x	as long as short
SoDEX 1000PEPE-USDshort	+0.0771%	1h	0.000004821	−0.115%	$2K	$9K	10x
BingX 1000PEPE-USDT	+0.0820%	8h	0.000004819	−0.158%	—	$254.7M	—	as long as short
MEXC PEPE_USDT	+0.0870%	8h	0.000004807	−0.399%	$91.2M	$292.2M	300x	as long as short
Extended 1000PEPE-USD	+0.0872%	1h	0.000004817	−0.197%	$529K	$147K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0872%	1h	0.000004833	+0.134%	$137K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0873%	8h	0.000004818	−0.181%	$128.4M	$1.02B	75x	as long as short
Aster 1000PEPEUSDT	+0.0904%	8h	0.000004812	−0.292%	$1.5M	$6.9M	50x	as long as short
01 Exchange kPEPEUSD	+0.1208%	1h	0.000004823	−0.074%	$552	$2K	10x	as long as short