Funding you earn now, next payment 11:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.12 per $10,000 · paid last 24h −0.092%
Price spread now: gTrade (Gains Network) against SoDEX+0.269%66s7-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 pays, funding is against you. gTrade (Gains Network) is 0.269% dearer against SoDEX than usual: you sell high and buy low (spread +0.269% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.4 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX 1000PEPE-USD | 0.000004938 | 0.0100 | pay 0.0013% / 1h | 56m 13s | $2K | $11K | 10x |
| Short | gTrade (Gains Network) PEPE/USD | 0.000004951 | L +0.0005% / S −0.0005% | get 0.0001% / 1h | 56m 13s | $3K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.01
- Price spread: +0.269% → 0.000%
- $26.93
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$11.08
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
SoDEX and gTrade (Gains Network): 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 exchanges
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 | −0.0372% | 1h | 0.000004924 | −0.279% | $4.5M | $16.6M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004956 | +0.355% | $25K | $18K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | 0.0000% | 1h | 0.000004925 | −0.263% | $56K | $115K | 25x | as long as short |
| gTrade (Gains Network) PEPE/USDshort | L +0.0005% / S −0.0005% | 1h | 0.000004951 | +0.269% | $3K | — | 150x | |
| 01 Exchange kPEPEUSD | +0.0088% | 1h | 0.000004936 | −0.041% | $595 | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004929 | −0.182% | $592K | $9.0M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004930 | −0.162% | $49.8M | $156.3M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004946 | +0.162% | $57K | $195K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004927 | −0.225% | $93.8M | $441.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004926 | −0.243% | $151.7M | $101.8M | 75x | as long as short |
Show all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004929 | −0.188% | $24.9M | $75.6M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004927 | −0.223% | $44.2M | $228.4M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004927 | −0.217% | $76K | $989K | 15x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004972 | +0.695% | $646K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004974 | +0.731% | $27K | $571K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004977 | +0.790% | $144K | $851K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004943 | +0.103% | $2K | $2.5M | 20x | as long as short |
| SoDEX 1000PEPE-USDlong | +0.0100% | 1h | 0.000004938 | long leg | $2K | $11K | 10x | |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004920 | −0.358% | $579K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004931 | −0.142% | $2.3M | $8.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0111% | 8h | 0.000004942 | +0.071% | $6K | — | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0146% | 8h | 0.000004930 | −0.162% | $44.4M | $719.4M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004927 | −0.227% | $7K | — | 15x | as long as short |
| Nado kPEPE-PERP | +0.0199% | 1h | 0.000004921 | −0.339% | $135K | $939K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0272% | 8h | 0.000004952 | +0.284% | $4.3M | $28.7M | 75x | as long as short |
| Injective PEPE/USDC PERP | +0.0284% | 1h | 0.000004973 | +0.709% | $5K | $122K | 12x | as long as short |
| Binance 1000PEPEUSDT | +0.0294% | 8h | 0.000004932 | −0.132% | $127.5M | $1.53B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0296% | 1h | 0.000004924 | −0.286% | $515K | $285K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0299% | 8h | 0.000004933 | −0.108% | $1.7M | $12.4M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0300% | 8h | 0.000004922 | −0.314% | $100.7M | $294.7M | 300x | as long as short |
| Aevo 1000PEPE-PERP | +0.0304% | 1h | 0.000004925 | −0.263% | $139K | — | 3x | as long as short |
| BingX 1000PEPE-USDC | +0.0329% | 8h | 0.000004935 | −0.061% | — | $2.3M | — | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0350% | 8h | 0.000004922 | −0.322% | $32K | $30K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004928 | −0.203% | $795K | $38.5M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0838% / S −0.0953% | 1h | 0.000004000 | −18.996% | $50K | — | 100x | as long as short |
SoDEX 1000PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
01 Exchange kPEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Backpack kPEPE_USDC_PERP
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Injective PEPE/USDC PERP
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
MEXC PEPE_USDT
BingX 1000PEPE-USDC
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]