Funding you earn now, next payment 09:00 UTC+0.0234%/8h= +25.6% APRnext payment +$0.29 per $10,000 · paid last 24h +0.096%
Price spread now: Backpack against SoDEX+0.008%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX 1000PEPE-USD | 0.000005062 | 0.0154 | pay 0.0019% / 1h | 22m 48s | $2K | $11K | 10x |
| Short | Backpack kPEPE_USDC_PERP | 0.000005062 | 0.0388 | get 0.0048% / 1h | 22m 48s | $92K | $911K | 15x |
SoDEX 1000PEPE-USD
Backpack kPEPE_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against SoDEX. 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
- $49.13
- Price spread: +0.008% → 0.000%
- $0.79
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $31.92
- Costs to cover
- 0.180%
- Break-even
- 2.5 days
Slippage unknown: SoDEX: no order-book sample; Backpack: live order book, 11 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 11 min ago | 0.10 bp | 5.2 bp −$5 | 26.4 bp −$264 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005059 | −0.065% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005049 | −0.257% | $59K | $188K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005066 | +0.079% | $98.0M | $441.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005060 | −0.040% | $159.5M | $100.5M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004995 | −1.333% | $641K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005020 | −0.827% | $35K | $558K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005068 | +0.115% | $2K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005060 | −0.038% | $588K | $4.3M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000005062 | −0.008% | $2.3M | $8.1M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0147% | 1h | 0.000005034 | −0.553% | $7K | $121K | 12x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Injective PEPE/USDC PERPShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USDlong | +0.0154% | 1h | 0.000005062 | long leg | $2K | $11K | 10x | |
| KuCoin PEPEUSDTM | +0.0163% | 8h | 0.000005065 | +0.053% | $26.7M | $75.0M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0184% | 8h | 0.000005073 | +0.219% | $45.8M | $224.1M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005057 | −0.098% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0319% | 8h | 0.000005071 | +0.178% | $46.3M | $746.9M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0363% | 1h | 0.000005031 | −0.612% | $148K | $841K | 25x | as long as short |
| Backpack kPEPE_USDC_PERPshort | +0.0388% | 1h | 0.000005062 | +0.008% | $92K | $911K | 15x | |
| Paradex kPEPE-USD-PERP | +0.0399% | 8h | 0.000005047 | −0.306% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0439% | 8h | 0.000005060 | −0.040% | $4.5M | $30.5M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0440% | 8h | 0.000005062 | 0.000% | $33K | $30K | 20x | as long as short |
| Hyperliquid kPEPE | +0.0457% | 1h | 0.000005073 | +0.217% | $52.5M | $160.3M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0504% | 1h | 0.000005062 | 0.000% | $718K | $39.5M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0536% | 1h | 0.000005047 | −0.296% | $609 | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.0616% | 1h | 0.000005064 | +0.040% | $591K | $9.1M | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0618% | 8h | 0.000005065 | +0.059% | — | $178.4M | — | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0627% | 1h | 0.000005058 | −0.078% | $4.8M | $16.8M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.0640% | 1h | 0.000005054 | −0.158% | $143K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0644% | 1h | 0.000005054 | −0.160% | $156K | $969K | 10x | as long as short |
| MEXC PEPE_USDT | +0.0644% | 8h | 0.000005057 | −0.093% | $99.6M | $309.6M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0644% | 8h | 0.000005066 | +0.085% | $138.4M | $1.53B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0648% | 1h | 0.000005062 | +0.004% | $530K | $286K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0665% | 8h | 0.000005067 | +0.096% | $1.7M | $12.1M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0936% | 1h | 0.000005063 | +0.020% | $72K | $124K | 25x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0973% / S −0.1091% | 1h | 0.000005000 | −1.225% | $51K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4728% | 1h | 0.000005024 | −0.760% | $25K | $12K | 10x | as long as short |
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Hyperliquid kPEPE
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Lighter 1000PEPE
BingX 1000PEPE-USDT
Kraken Futures PF_PEPEUSD
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD