PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.010%

Price spread now: Reya against SoDEX+0.230%50s7-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 Reya

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 airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.230% dearer against SoDEX than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	0.000004805	0.0103	pay 0.0013% / 1h	53m 21s	$2K	$12K	10x
Short	Reya kPEPERUSDPERP	0.000004816	0.0189	get 0.0024% / 1h	53m 21s	$7K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.230%Rate

Funding earned: $17.98
Price spread: +0.230% → 0.000%: $22.99
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $26.97
Costs to cover: 0.140%
Break-even: from the start

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

SoDEX and Reya: 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
Kraken Futures PF_PEPEUSD	−0.0122%	1h	0.000004804	−0.021%	$3.9M	$13.9M	50x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004803	−0.036%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004815	+0.208%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004811	+0.125%	$68.8M	$102.4M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004807	+0.042%	$56K	$119K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004817	+0.258%	$88.2M	$297.6M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004813	+0.166%	$153.0M	$64.7M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004812	+0.142%	$24.1M	$55.1M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004821	+0.341%	$42.7M	$151.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004801	−0.086%	$554K	$4.2M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004798	−0.152%	$26K	$350K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004811	+0.133%	$2K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004806	+0.019%	$544K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000004798	−0.139%	$2.3M	$6.5M	50x	as long as short
SoDEX 1000PEPE-USDlong	+0.0103%	1h	0.000004805	long leg	$2K	$12K	10x
Lighter 1000PEPE	+0.0112%	1h	0.000004810	+0.104%	$577K	$6.6M	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0174%	8h	0.000004810	+0.112%	$5K	$16	20x	as long as short
Reya kPEPERUSDPERPshort	+0.0189%	1h	0.000004816	+0.230%	$7K	—	15x
OKX PEPE-USDT-SWAP	+0.0191%	8h	0.000004826	+0.437%	$42.9M	$508.9M	50x	as long as short
BloFin PEPE-USDT	+0.0313%	8h	0.000004800	−0.104%	$3.9M	$22.8M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0328%	8h	0.000004827	+0.464%	$30K	$13K	20x	as long as short
01 Exchange kPEPEUSD	+0.0344%	1h	0.000004815	+0.208%	$552	$2K	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0368%	1h	0.000004804	−0.021%	$550K	$25.9M	50x	as long as short
Nado kPEPE-PERP	+0.0407%	1h	0.000004812	+0.156%	$181K	$848K	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0408% / S −0.0529%	1h	0.000004000	−16.753%	$41K	—	100x	as long as short
BingX 1000PEPE-USDT	+0.0523%	8h	0.000004819	+0.293%	—	$257.5M	—	as long as short
Extended 1000PEPE-USD	+0.0536%	1h	0.000004823	+0.369%	$529K	$148K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0536%	1h	0.000004791	−0.291%	$135K	—	3x	as long as short
MEXC PEPE_USDT	+0.0539%	8h	0.000004812	+0.154%	$91.6M	$279.8M	300x	as long as short
Binance 1000PEPEUSDT	+0.0539%	8h	0.000004821	+0.336%	$135.8M	$1.08B	75x	as long as short
Aster 1000PEPEUSDT	+0.0543%	8h	0.000004818	+0.279%	$1.5M	$7.4M	50x	as long as short
Injective PEPE/USDC PERP	+0.0636%	1h	0.000004793	−0.250%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0674%	1h	0.000004808	+0.054%	$94K	$602K	15x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0792%	1h	0.000004803	−0.042%	$77K	$98K	25x	as long as short
ApeX Omni 1000PEPEUSDT	+0.1932%	1h	0.000004800	−0.104%	$100K	$753K	25x	as long as short