PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0896%/8h= −98.1% APRnext payment −$1.12 per $10,000 · paid last 24h −0.128%

Price spread now: SoDEX against Kraken Futures+0.054%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on SoDEX

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 pays, funding is against you. SoDEX is 0.054% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_PEPEUSD	0.000005300	0.1540	pay 0.0193% / 1h	41m 42s	$4.9M	$16.3M	50x
Short	SoDEX 1000PEPE-USD	0.000005303	0.0644	get 0.0081% / 1h	41m 42s	$2K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Kraken Futures. 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 Kraken FuturesbpFee SoDEXbpOrdersPrice spread, now +0.054%Rate

Funding earned: −$188.21
Price spread: +0.054% → 0.000%: $5.41
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$200.8
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Kraken Futures: 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 Kraken Futures live order book, 2 min ago	7.97 bp	13.3 bp −$13	27.4 bp −$274	88.8 bp −$8,885	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
dYdX PEPE-USD	0.0000%	1h	0.000005312	+0.223%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005291	−0.167%	$15K	—	150x	as long as short
Injective PEPE/USDC PERP	+0.0092%	1h	0.000005327	+0.507%	$3K	$111K	12x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005317	+0.318%	$69K	$153K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005310	+0.186%	$108.1M	$375.7M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005307	+0.130%	$175.7M	$86.7M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005318	+0.347%	$27.0M	$67.7M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005314	+0.254%	$761K	$5.1M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005331	+0.581%	$48K	$502K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005296	−0.085%	$1K	$2.5M	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	0.000005301	+0.020%	$607K	$3.8M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005292	−0.161%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0274%	8h	0.000005311	+0.211%	$51.7M	$188.9M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0382%	8h	0.000005302	+0.039%	$35K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0429%	8h	0.000005308	+0.148%	$52.4M	$676.7M	50x	as long as short
BloFin PEPE-USDT	+0.0556%	8h	0.000005322	+0.413%	$4.8M	$28.2M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0642%	8h	0.000005307	+0.135%	$2.6M	$7.5M	50x	as long as short
SoDEX 1000PEPE-USDshort	+0.0644%	1h	0.000005303	+0.054%	$2K	$10K	10x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0694%	1h	0.000005300	−0.002%	$75K	$126K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0712%	1h	0.000005301	+0.016%	$735K	$36.3M	50x	as long as short
BingX 1000PEPE-USDT	+0.0765%	8h	0.000005318	+0.333%	—	$252.1M	—	as long as short
Paradex kPEPE-USD-PERP	+0.0782%	8h	0.000005310	+0.179%	$6K	—	20x	as long as short
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000005304	+0.073%	$150K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0803%	8h	0.000005315	+0.287%	$154.9M	$1.31B	75x	as long as short
MEXC PEPE_USDT	+0.0807%	8h	0.000005310	+0.192%	$103.2M	$293.4M	300x	as long as short
Extended 1000PEPE-USD	+0.0808%	1h	0.000005314	+0.266%	$562K	$226K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0904% / S −0.1776%	1h	0.000005000	−5.663%	$65K	—	100x	as long as short
Nado kPEPE-PERP	+0.0906%	1h	0.000005287	−0.252%	$190K	$916K	10x	as long as short
Aster 1000PEPEUSDT	+0.0930%	8h	0.000005318	+0.335%	$1.9M	$10.1M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.1032%	1h	0.000005324	+0.450%	$176K	$800K	25x	as long as short
01 Exchange kPEPEUSD	+0.1160%	1h	0.000005322	+0.413%	$642	$3K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.1296%	1h	0.000005303	+0.062%	$71K	$722K	15x	as long as short
Lighter 1000PEPE	+0.1320%	1h	0.000005324	+0.450%	$697K	$8.6M	10x	as long as short
Kraken Futures PF_PEPEUSDlong	+0.1540%	1h	0.000005300	long leg	$4.9M	$16.3M	50x
Hyperliquid kPEPE	+0.1769%	1h	0.000005325	+0.469%	$58.4M	$144.6M	10x	as long as short