PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.072%

Price spread now: Kraken Futures against SoDEX−0.017%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 Kraken Futures

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 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	0.000004818	0.0749	pay 0.0094% / 1h	1m 07s	$2K	$9K	10x
Short	Kraken Futures PF_PEPEUSD	0.000004817	0.0760	get 0.0095% / 1h	1m 07s	$3.9M	$13.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.017%Rate

Funding earned: $2.33
Price spread: −0.017% → 0.000%: −$1.74
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$17.41
Costs to cover: 0.180%
Break-even: 59.2 days

Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago	9.44 bp	14.9 bp −$15	18.7 bp −$187	98.8 bp −$9,883	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
dYdX PEPE-USD	0.0000%	1h	0.000004811	−0.149%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004812	−0.118%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004815	−0.062%	$58.8M	$73.4M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004816	−0.042%	$59K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004816	−0.046%	$87.6M	$276.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004814	−0.083%	$150.6M	$62.4M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004817	−0.025%	$25.0M	$53.4M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004797	−0.430%	$551K	$3.9M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004829	+0.231%	$27K	$343K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004823	+0.108%	$1K	$2.4M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000004821	+0.064%	$554K	$3.4M	75x	as long as short
Bitget PEPEUSDT	+0.0185%	8h	0.000004813	−0.093%	$42.5M	$151.0M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004816	−0.044%	$7K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0193%	8h	0.000004814	−0.083%	$41.5M	$486.4M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0214% / S −0.0087%	1h	0.000004000	−16.978%	$54K	—	100x	as long as short
BloFin PEPE-USDT	+0.0309%	8h	0.000004817	−0.021%	$3.9M	$21.9M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0427%	8h	0.000004821	+0.056%	$29K	$11K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004813	−0.104%	$576K	$25.1M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0507%	8h	0.000004819	+0.027%	$2.3M	$6.4M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0543%	8h	0.000004817	−0.025%	$5K	$16	20x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004823	+0.104%	$4K	$110K	12x	as long as short
Lighter 1000PEPE	+0.0736%	1h	0.000004820	+0.042%	$572K	$5.3M	10x	as long as short
Nado kPEPE-PERP	+0.0738%	1h	0.000004816	−0.034%	$188K	$848K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0746%	1h	0.000004808	−0.208%	$102K	$764K	25x	as long as short
SoDEX 1000PEPE-USDlong	+0.0749%	1h	0.000004818	long leg	$2K	$9K	10x
Kraken Futures PF_PEPEUSDshort	+0.0760%	1h	0.000004817	−0.017%	$3.9M	$13.1M	50x
Backpack kPEPE_USDC_PERP	+0.0762%	1h	0.000004819	+0.012%	$93K	$624K	15x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0788%	1h	0.000004820	+0.042%	$81K	$94K	25x	as long as short
BingX 1000PEPE-USDC	+0.0827%	8h	0.000004814	−0.081%	—	$2.3M	—	as long as short
MEXC PEPE_USDT	+0.0879%	8h	0.000004818	−0.002%	$91.3M	$292.8M	300x	as long as short
Extended 1000PEPE-USD	+0.0880%	1h	0.000004817	−0.017%	$529K	$147K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0880%	1h	0.000004824	+0.125%	$136K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0881%	8h	0.000004820	+0.044%	$128.9M	$1.02B	75x	as long as short
Aster 1000PEPEUSDT	+0.0906%	8h	0.000004821	+0.064%	$1.5M	$6.9M	50x	as long as short
01 Exchange kPEPEUSD	+0.1168%	1h	0.000004835	+0.353%	$554	$2K	10x	as long as short