PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1362%/8h= +149.2% APRnext payment +$1.70 per $10,000 · paid last 24h +0.090%

Price spread now: GMX against SoDEX−3.679%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 GMX

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. GMX is 3.679% cheaper against SoDEX than usual: you would sell low and buy high (spread −3.679% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$368 on $10k: about 9.0 days of funding at the current rate (+$41 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000PEPE-USD	0.000005191	0.0140	pay 0.0018% / 1h	22m 33s	$2K	$11K	10x
Short	GMX PEPE/USD [ETH-USDC]	0.000005000	L +0.1068% / S −0.1502%	get 0.0188% / 1h	22m 33s	$47K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −3.679%Rate

Funding earned: $286.05
Price spread: −3.679% → 0.000%: −$367.94
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$101.89
Costs to cover: 0.200%
Break-even: 9.5 days

Slippage unknown: SoDEX: no order-book sample; GMX: 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 GMX no order-book sample	—	—	—	—	—

SoDEX and GMX: 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	0.000005160	−0.597%	$19K	$649	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0008%	1h	0.000005187	−0.069%	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005168	−0.443%	$60K	$183K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005157	−0.655%	$99.4M	$429.6M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005159	−0.616%	$163.9M	$99.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005155	−0.702%	$614K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005163	−0.536%	$28K	$546K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005199	+0.162%	$2K	$2.7M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005193	+0.033%	$604K	$4.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0121%	8h	0.000005186	−0.102%	$26.9M	$74.0M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX 1000PEPE-USDlong	+0.0140%	1h	0.000005191	long leg	$2K	$11K	10x
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005161	−0.581%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0259%	8h	0.000005158	−0.636%	$46.3M	$219.9M	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0306%	1h	0.000005162	−0.559%	$150K	$835K	25x	as long as short
OKX PEPE-USDT-SWAP	+0.0363%	8h	0.000005160	−0.597%	$47.8M	$748.0M	50x	as long as short
Injective PEPE/USDC PERP	+0.0404%	1h	0.000005153	−0.732%	$8K	$120K	12x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0413%	8h	0.000005192	+0.021%	$34K	$26K	20x	as long as short
Paradex kPEPE-USD-PERP	+0.0459%	8h	0.000005160	−0.602%	$6K	—	20x	as long as short
Phemex u1000PEPEUSDT	+0.0474%	8h	0.000005189	−0.031%	$2.4M	$8.1M	50x	as long as short
BloFin PEPE-USDT	+0.0483%	8h	0.000005195	+0.077%	$4.6M	$30.6M	75x	as long as short
Backpack kPEPE_USDC_PERP	+0.0511%	1h	0.000005194	+0.052%	$70K	$883K	15x	as long as short
Lighter 1000PEPE	+0.0528%	1h	0.000005178	−0.250%	$621K	$9.1M	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0544%	1h	0.000005166	−0.482%	$688K	$39.9M	50x	as long as short
BingX 1000PEPE-USDC	+0.0700%	8h	0.000005156	−0.667%	—	$2.3M	—	as long as short
Nado kPEPE-PERP	+0.0700%	1h	0.000005160	−0.606%	$166K	$958K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0707%	1h	0.000005189	−0.041%	$4.8M	$16.6M	50x	as long as short
01 Exchange kPEPEUSD	+0.0712%	1h	0.000005161	−0.578%	$623	$2K	10x	as long as short
Extended 1000PEPE-USD	+0.0720%	1h	0.000005156	−0.672%	$542K	$284K	25x	as long as short
MEXC PEPE_USDT	+0.0722%	8h	0.000005165	−0.505%	$101.6M	$307.8M	300x	as long as short
Aster 1000PEPEUSDT	+0.0723%	8h	0.000005158	−0.626%	$1.7M	$11.9M	50x	as long as short
Binance 1000PEPEUSDT	+0.0724%	8h	0.000005159	−0.613%	$142.1M	$1.50B	75x	as long as short
Aevo 1000PEPE-PERP	+0.0728%	1h	0.000005191	0.000%	$147K	—	3x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0907%	1h	0.000005192	+0.019%	$74K	$127K	25x	as long as short
Hyperliquid kPEPE	+0.0957%	1h	0.000005162	−0.559%	$53.8M	$159.1M	10x	as long as short
GMX PEPE/USD [ETH-USDC]short	L +0.1068% / S −0.1502%	1h	0.000005000	−3.679%	$47K	—	100x