PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0661%/8h= +72.4% APRnext payment +$0.83 per $10,000 · paid last 24h −0.004%

Price spread now: Nado against SoDEX+0.202%47s7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Nado is 0.202% dearer against SoDEX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 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	0.000004788	0.0100	pay 0.0013% / 1h	18m 31s	$2K	$12K	10x
Short	Nado kPEPE-PERP	0.000004798	0.0761	get 0.0095% / 1h	18m 31s	$184K	$845K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.202%Rate

Funding earned: $138.86
Price spread: +0.202% → 0.000%: $20.21
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $144.07
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 65 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 Nado live order book, 65 min ago	4.12 bp	8.6 bp −$9	26.8 bp −$268	doesn't fit	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	0.000004786	−0.044%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004789	+0.023%	$14K	—	150x	as long as short
Lighter 1000PEPE	+0.0096%	1h	0.000004794	+0.125%	$666K	$5.8M	10x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004791	+0.063%	$62.0M	$81.5M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004789	+0.021%	$59K	$114K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004793	+0.104%	$86.7M	$281.6M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004788	0.000%	$149.7M	$63.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004794	+0.121%	$24.7M	$54.1M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004812	+0.499%	$543K	$4.0M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004816	+0.578%	$27K	$344K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004799	+0.238%	$1K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USDlong	+0.0100%	1h	0.000004788	long leg	$2K	$12K	10x
HTX PEPE-USDT	+0.0100%	8h	0.000004796	+0.167%	$541K	$3.5M	75x	as long as short
Bitget PEPEUSDT	+0.0125%	8h	0.000004795	+0.140%	$42.1M	$148.9M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004794	+0.124%	$7K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0208%	8h	0.000004797	+0.188%	$41.5M	$490.5M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0299%	8h	0.000004792	+0.077%	$5K	$16	20x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0316% / S −0.0336%	1h	0.000004000	−16.458%	$43K	—	100x	as long as short
BloFin PEPE-USDT	+0.0324%	8h	0.000004789	+0.021%	$3.9M	$22.1M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0362%	8h	0.000004783	−0.100%	$2.3M	$6.4M	50x	as long as short
01 Exchange kPEPEUSD	+0.0408%	1h	0.000004795	+0.146%	$549	$2K	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0448%	1h	0.000004795	+0.146%	$578K	$25.4M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0449%	8h	0.000004784	−0.079%	$29K	$11K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0542%	1h	0.000004816	+0.585%	$102K	$764K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.0568%	1h	0.000004789	+0.021%	$91K	$614K	15x	as long as short
BingX 1000PEPE-USDT	+0.0751%	8h	0.000004793	+0.094%	—	$256.4M	—	as long as short
Nado kPEPE-PERPshort	+0.0761%	1h	0.000004798	+0.202%	$184K	$845K	10x
Binance 1000PEPEUSDT	+0.0774%	8h	0.000004794	+0.132%	$129.9M	$1.04B	75x	as long as short
MEXC PEPE_USDT	+0.0781%	8h	0.000004795	+0.144%	$91.1M	$285.2M	300x	as long as short
Extended 1000PEPE-USD	+0.0784%	1h	0.000004794	+0.133%	$526K	$148K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0784%	1h	0.000004792	+0.084%	$135K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0789%	8h	0.000004788	−0.008%	$1.5M	$7.1M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0795%	1h	0.000004789	+0.021%	$81K	$94K	25x	as long as short
Injective PEPE/USDC PERP	+0.0873%	1h	0.000004843	+1.149%	$4K	$103K	12x	as long as short
Kraken Futures PF_PEPEUSD	+0.1333%	1h	0.000004785	−0.055%	$3.9M	$13.3M	50x	as long as short