PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0268%/8h= +29.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.006%

Price spread now: Coinbase International against SoDEX−0.020%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Coinbase International

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. Coinbase International is 0.020% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000PEPE-USD	0.000004905	0.0100	pay 0.0013% / 1h	37m 31s	$2K	$12K	10x
Short	Coinbase International 1000PEPE-PERP-INTX	0.000004904	0.0368	get 0.0046% / 1h	37m 31s	$591K	$26.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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 SoDEXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.020%Rate

Funding earned: $56.28
Price spread: −0.020% → 0.000%: −$2.04
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $36.24
Costs to cover: 0.180%
Break-even: 2.5 days

Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago	2.04 bp	9.0 bp −$9	12.8 bp −$128	59.4 bp −$5,942	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
Kraken Futures PF_PEPEUSD	−0.0119%	1h	0.000004907	+0.033%	$3.9M	$13.9M	50x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004913	+0.168%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004902	−0.069%	$15K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004943	+0.775%	$59.4M	$112.9M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004915	+0.204%	$58K	$119K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004931	+0.532%	$90.2M	$300.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004915	+0.204%	$156.3M	$65.4M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004936	+0.632%	$25.1M	$55.8M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004935	+0.618%	$43.3M	$151.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004891	−0.291%	$572K	$4.3M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004900	−0.106%	$26K	$352K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004914	+0.177%	$1K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USDlong	+0.0100%	1h	0.000004905	long leg	$2K	$12K	10x
HTX PEPE-USDT	+0.0100%	8h	0.000004894	−0.220%	$556K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000004901	−0.090%	$2.3M	$6.6M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0187%	8h	0.000004939	+0.693%	$43.2M	$522.6M	50x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004936	+0.623%	$7K	—	15x	as long as short
Paradex kPEPE-USD-PERP	+0.0193%	8h	0.000004918	+0.259%	$6K	$16	20x	as long as short
Lighter 1000PEPE	+0.0232%	1h	0.000004917	+0.245%	$575K	$6.7M	10x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0301%	8h	0.000004903	−0.041%	$30K	$13K	20x	as long as short
BloFin PEPE-USDT	+0.0309%	8h	0.000004889	−0.326%	$4.0M	$23.1M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTXshort	+0.0368%	1h	0.000004904	−0.020%	$591K	$26.5M	50x
Nado kPEPE-PERP	+0.0411%	1h	0.000004938	+0.666%	$193K	$852K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0439%	1h	0.000004899	−0.122%	$101K	$753K	25x	as long as short
01 Exchange kPEPEUSD	+0.0440%	1h	0.000004940	+0.714%	$1K	$2K	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0457% / S −0.0681%	1h	0.000004000	−18.451%	$46K	—	100x	as long as short
BingX 1000PEPE-USDC	+0.0504%	8h	0.000004919	+0.292%	—	$2.3M	—	as long as short
MEXC PEPE_USDT	+0.0508%	8h	0.000004941	+0.732%	$97.6M	$282.3M	300x	as long as short
Binance 1000PEPEUSDT	+0.0509%	8h	0.000004929	+0.492%	$138.1M	$1.09B	75x	as long as short
Extended 1000PEPE-USD	+0.0512%	1h	0.000004923	+0.359%	$541K	$148K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0512%	1h	0.000004908	+0.061%	$139K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0527%	8h	0.000004914	+0.190%	$1.5M	$7.5M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0566%	1h	0.000004905	+0.004%	$93K	$600K	15x	as long as short
Injective PEPE/USDC PERP	+0.0636%	1h	0.000004908	+0.061%	$4K	$102K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0974%	1h	0.000004907	+0.041%	$70K	$107K	25x	as long as short