Funding you earn now, next payment 02:00 UTC−0.0582%/8h= −63.8% APRnext payment −$0.73 per $10,000 · paid last 24h −0.067%
Price spread now: dYdX against SoDEX−0.592%7-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 dYdX is 0.592% cheaper against SoDEX than usual: you would sell low and buy high (−$59 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX 1000PEPE-USD | 0.000005066 | 0.0582 | pay 0.0073% / 1h | 14m 52s | $2K | $12K | 10x |
| Short | dYdX PEPE-USD | 0.000005036 | 0 | get 0.0000% / 1h | 14m 52s | $18K | $95 | 10x |
SoDEX 1000PEPE-USD
dYdX PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against SoDEX. 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
- −$122.31
- Price spread: −0.592% → 0.000%
- −$59.23
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$199.54
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; dYdX: 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 dYdX no order-book sample | — | — | — | — | — |
SoDEX and dYdX: 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 34 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-USDshort | 0.0000% | 1h | 0.000005036 | −0.592% | $18K | $95 | 10x | |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000005056 | −0.201% | $14K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005047 | −0.375% | $61K | $126K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005099 | +0.651% | $98.9M | $324.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005081 | +0.296% | $163.0M | $71.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005088 | +0.426% | $25.6M | $61.0M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005092 | +0.503% | $45.8M | $163.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005045 | −0.423% | $622K | $4.5M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005039 | −0.537% | $27K | $422K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005070 | +0.077% | $1K | $2.4M | 20x | as long as short |
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDTShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005059 | −0.134% | $569K | $3.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005056 | −0.205% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0244% | 8h | 0.000005096 | +0.592% | $45.3M | $576.1M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0283% | 8h | 0.000005066 | +0.004% | $33K | $23K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0333% | 1h | 0.000005041 | −0.493% | $106K | $747K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0424% | 1h | 0.000005066 | 0.000% | $761K | $29.9M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0498% | 8h | 0.000005090 | +0.482% | — | $2.3M | — | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0519% / S −0.0548% | 1h | 0.000005000 | −1.303% | $56K | — | 100x | as long as short |
| Extended 1000PEPE-USD | +0.0528% | 1h | 0.000005082 | +0.311% | $557K | $199K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0528% | 1h | 0.000005072 | +0.118% | $143K | — | 3x | as long as short |
| Phemex u1000PEPEUSDT | +0.0528% | 8h | 0.000005069 | +0.057% | $2.4M | $7.0M | 50x | as long as short |
| MEXC PEPE_USDT | +0.0531% | 8h | 0.000005093 | +0.543% | $95.5M | $291.4M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0531% | 8h | 0.000005086 | +0.397% | $143.0M | $1.17B | 75x | as long as short |
| SoDEX 1000PEPE-USDlong | +0.0582% | 1h | 0.000005066 | long leg | $2K | $12K | 10x | |
| Paradex kPEPE-USD-PERP | +0.0607% | 8h | 0.000005040 | −0.506% | $6K | $16 | 20x | as long as short |
| Aster 1000PEPEUSDT | +0.0626% | 8h | 0.000005072 | +0.111% | $1.7M | $8.2M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0651% | 1h | 0.000005054 | −0.237% | $180K | $880K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0739% | 1h | 0.000005063 | −0.059% | $61K | $114K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0822% | 1h | 0.000005065 | −0.025% | $4.0M | $14.5M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0909% | 1h | 0.000005098 | +0.632% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0915% | 1h | 0.000005070 | +0.075% | $98K | $618K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0944% | 1h | 0.000005051 | −0.296% | $1K | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.1680% | 1h | 0.000005078 | +0.237% | $1.1M | $7.4M | 10x | as long as short |
| Hyperliquid kPEPE | +0.2118% | 1h | 0.000005102 | +0.711% | $56.2M | $136.0M | 10x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
ApeX Omni 1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
GMX PEPE/USD [ETH-USDC]
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Phemex u1000PEPEUSDT
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Paradex kPEPE-USD-PERP
Aster 1000PEPEUSDT
Nado kPEPE-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Kraken Futures PF_PEPEUSD
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Lighter 1000PEPE
Hyperliquid kPEPE