Funding you earn now, next payment 06:00 UTC−0.0401%/8h= −44.0% APRnext payment −$0.50 per $10,000 · paid last 24h −0.092%
Price spread now: dYdX against SoDEX−0.336%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and dYdX is 0.336% cheaper against SoDEX than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX 1000PEPE-USD | 0.000005038 | 0.0401 | pay 0.0050% / 1h | 50m 28s | $2K | $10K | 10x |
| Short | dYdX PEPE-USD | 0.000005021 | 0 | get 0.0000% / 1h | 50m 28s | $18K | $95 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$84.3
- Price spread: −0.336% → 0.000%
- −$33.55
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$135.86
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; dYdX: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
SoDEX and dYdX: 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-USDshort | 0.0000% | 1h | 0.000005021 | −0.336% | $18K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005011 | −0.532% | $3K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005026 | −0.238% | $63K | $165K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005013 | −0.496% | $98.8M | $399.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005016 | −0.437% | $160.3M | $92.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005024 | −0.272% | $25.0M | $70.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005035 | −0.067% | $596K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004979 | −1.163% | $27K | $536K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005043 | +0.107% | $2K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005022 | −0.320% | $562K | $4.1M | 75x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005018 | −0.389% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0343% | 8h | 0.000005020 | −0.351% | $45.5M | $208.5M | 75x | as long as short |
| SoDEX 1000PEPE-USDlong | +0.0401% | 1h | 0.000005038 | long leg | $2K | $10K | 10x | |
| OKX PEPE-USDT-SWAP | +0.0409% | 8h | 0.000005017 | −0.417% | $46.5M | $678.2M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0414% | 8h | 0.000005018 | −0.407% | $33K | $27K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0531% | 8h | 0.000005038 | 0.000% | $4.8M | $27.9M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0544% | 8h | 0.000005020 | −0.349% | $6K | — | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0585% | 1h | 0.000004982 | −1.112% | $153K | $812K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0649% | 1h | 0.000005034 | −0.079% | $73K | $826K | 15x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005040 | +0.040% | $620K | $36.8M | 50x | as long as short |
| Phemex u1000PEPEUSDT | +0.0691% | 8h | 0.000005037 | −0.020% | $2.4M | $7.8M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0704% | 1h | 0.000005031 | −0.139% | $607 | $3K | 10x | as long as short |
| Lighter 1000PEPE | +0.0720% | 1h | 0.000005030 | −0.159% | $602K | $9.0M | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0778% | 8h | 0.000005016 | −0.441% | — | $238.3M | — | as long as short |
| Nado kPEPE-PERP | +0.0780% | 1h | 0.000005024 | −0.272% | $169K | $940K | 10x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005052 | +0.278% | $143K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0806% | 8h | 0.000005023 | −0.292% | $96.8M | $298.6M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005022 | −0.325% | $533K | $262K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0809% | 8h | 0.000005018 | −0.399% | $142.1M | $1.39B | 75x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0848% | 1h | 0.000005035 | −0.055% | $4.6M | $16.7M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0881% | 8h | 0.000005021 | −0.347% | $1.7M | $11.0M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1031% | 1h | 0.000005025 | −0.258% | $53.3M | $150.6M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1051% / S −0.1949% | 1h | 0.000005000 | −0.754% | $64K | — | 100x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1140% | 1h | 0.000005042 | +0.079% | $72K | $127K | 25x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000004976 | −1.231% | $3K | $111K | 12x | as long as short |
SoDEX 1000PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
ApeX Omni 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
01 Exchange kPEPEUSD
Lighter 1000PEPE
BingX 1000PEPE-USDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Binance 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Deribit 1000PEPE_USDC-PERPETUAL
Injective PEPE/USDC PERP