PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1958%/8h= +214.4% APRnext payment +$2.45 per $10,000 · paid last 24h +0.036%

Price spread now: GMX against SoDEX−0.675%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on GMX

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

Funding pays, the price is against you. GMX is 0.675% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.675% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$68 on $10k: about 28 hours of funding at the current rate (+$59 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000PEPE-USD	0.000005034	0.0213	pay 0.0027% / 1h	24m 10s	$2K	$10K	10x
Short	GMX PEPE/USD [ETH-USDC]	0.000005000	L +0.1129% / S −0.2171%	get 0.0271% / 1h	24m 10s	$63K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.675%Rate

Funding earned: $411.08
Price spread: −0.675% → 0.000%: −$67.54
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $323.54
Costs to cover: 0.200%
Break-even: 1.5 days

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

SoDEX and GMX: 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	0.000005019	−0.296%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0001%	1h	0.000005026	−0.157%	$6K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005024	−0.199%	$57K	$177K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005030	−0.079%	$98.4M	$405.2M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005029	−0.099%	$162.2M	$94.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005034	−0.002%	$24.9M	$71.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005002	−0.642%	$598K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004994	−0.795%	$27K	$537K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005039	+0.097%	$1K	$2.6M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005031	−0.062%	$563K	$4.1M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005032	−0.039%	$8K	—	15x	as long as short
SoDEX 1000PEPE-USDlong	+0.0213%	1h	0.000005034	long leg	$2K	$10K	10x
Bitget PEPEUSDT	+0.0333%	8h	0.000005034	+0.006%	$45.3M	$210.4M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0397%	8h	0.000005032	−0.034%	$33K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0423%	8h	0.000005034	0.000%	$46.5M	$688.8M	50x	as long as short
BloFin PEPE-USDT	+0.0542%	8h	0.000005022	−0.238%	$4.4M	$28.0M	75x	as long as short
Paradex kPEPE-USD-PERP	+0.0558%	8h	0.000005029	−0.094%	$6K	—	20x	as long as short
Phemex u1000PEPEUSDT	+0.0631%	8h	0.000005030	−0.074%	$2.4M	$7.9M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0641%	1h	0.000005033	−0.018%	$73K	$831K	15x	as long as short
Lighter 1000PEPE	+0.0656%	1h	0.000005036	+0.040%	$598K	$9.0M	10x	as long as short
01 Exchange kPEPEUSD	+0.0664%	1h	0.000005039	+0.099%	$608	$3K	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0680%	1h	0.000005036	+0.040%	$645K	$37.0M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0689%	1h	0.000005000	−0.675%	$154K	$813K	25x	as long as short
Nado kPEPE-PERP	+0.0710%	1h	0.000005032	−0.034%	$165K	$943K	10x	as long as short
BingX 1000PEPE-USDC	+0.0756%	8h	0.000005031	−0.060%	—	$2.3M	—	as long as short
MEXC PEPE_USDT	+0.0790%	8h	0.000005030	−0.081%	$95.9M	$302.1M	300x	as long as short
Binance 1000PEPEUSDT	+0.0790%	8h	0.000005034	−0.002%	$141.1M	$1.41B	75x	as long as short
Extended 1000PEPE-USD	+0.0792%	1h	0.000005031	−0.060%	$530K	$277K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0792%	1h	0.000005035	+0.020%	$142K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0839%	8h	0.000005035	+0.022%	$1.8M	$11.2M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0849%	1h	0.000005031	−0.061%	$4.6M	$16.7M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0944%	1h	0.000005031	−0.060%	$72K	$127K	25x	as long as short
Hyperliquid kPEPE	+0.0990%	1h	0.000005036	+0.040%	$53.1M	$152.2M	10x	as long as short
GMX PEPE/USD [ETH-USDC]short	L +0.1129% / S −0.2171%	1h	0.000005000	−0.675%	$63K	—	100x
Injective PEPE/USDC PERP	+0.1379%	1h	0.000004992	−0.834%	$3K	$111K	12x	as long as short