Funding you earn now, next payment 00:00 UTC−0.0563%/8h= −61.7% APRpaid last 24h +0.052%
Price spread now: SoDEX against Binance−0.021%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and SoDEX is 0.021% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | Binance 1000PEPEUSDT | 0.000004797 | 0.0663 | pay 0.0663% / 8h | 41m 29s | $131.5M | $1.05B | 75x |
| Short | SoDEX 1000PEPE-USD | 0.000004796 | 0.0100 | get 0.0013% / 1h | 41m 29s | $2K | $12K | 10x |
Binance 1000PEPEUSDT
SoDEX 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Binance. 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
- −$118.23
- Price spread: −0.021% → 0.000%
- −$2.08
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$138.32
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 2 min ago; SoDEX: 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 Binance live order book, 2 min ago | 0.10 bp | 5.3 bp −$5 | 10.2 bp −$102 | 35.6 bp −$3,563 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0227% | 1h | 0.000004791 | −0.125% | $66.6M | $90.0M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004791 | −0.117% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004793 | −0.090% | $14K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0066% | 1h | 0.000004796 | −0.027% | $3.9M | $13.6M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004795 | −0.042% | $59K | $115K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004793 | −0.075% | $86.2M | $288.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004793 | −0.083% | $150.1M | $64.1M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004793 | −0.075% | $24.5M | $54.3M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004798 | +0.017% | $42.3M | $149.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004829 | +0.665% | $591K | $4.1M | — | as long as short |
Hyperliquid kPEPE
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004821 | +0.493% | $26K | $350K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004820 | +0.479% | $101K | $761K | 25x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004799 | +0.033% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USDshort | +0.0100% | 1h | 0.000004796 | −0.021% | $2K | $12K | 10x | |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004797 | 0.000% | $542K | $3.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0168% | 1h | 0.000004798 | +0.021% | $635K | $6.3M | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004795 | −0.034% | $7K | — | 15x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0200% | 8h | 0.000004795 | −0.035% | $5K | $16 | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0212% | 8h | 0.000004798 | +0.013% | $2.3M | $6.4M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0213% | 8h | 0.000004793 | −0.083% | $41.6M | $497.3M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0232% | 1h | 0.000004795 | −0.042% | $549 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0333% | 8h | 0.000004801 | +0.083% | $3.9M | $22.3M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0367% / S −0.0413% | 1h | 0.000004000 | −16.615% | $42K | — | 100x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004797 | 0.000% | $568K | $25.7M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0412% | 8h | 0.000004794 | −0.054% | $30K | $12K | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004818 | +0.438% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0464% | 1h | 0.000004796 | −0.029% | $91K | $601K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0585% | 1h | 0.000004797 | 0.000% | $81K | $94K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0656% | 8h | 0.000004796 | −0.013% | — | $256.4M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0662% | 8h | 0.000004792 | −0.100% | $1.5M | $7.2M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0663% | 8h | 0.000004799 | +0.033% | $93.0M | $280.1M | 300x | as long as short |
| Binance 1000PEPEUSDTlong | +0.0663% | 8h | 0.000004797 | long leg | $131.5M | $1.05B | 75x | |
| Extended 1000PEPE-USD | +0.0664% | 1h | 0.000004795 | −0.049% | $529K | $148K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0664% | 1h | 0.000004798 | +0.021% | $136K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0818% | 1h | 0.000004797 | +0.001% | $184K | $849K | 10x | as long as short |
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
HTX PEPE-USDT
Lighter 1000PEPE
Reya kPEPERUSDPERP
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
01 Exchange kPEPEUSD
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Orderly PERP_1000PEPE_USDC
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDT
Aster 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Nado kPEPE-PERP