PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0217%/8h= −23.7% APRnext payment −$0.27 per $10,000 · paid last 24h +0.097%

Price spread now: Kraken Futures against SoDEX+0.013%7-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 Kraken Futures

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000PEPE-USD	0.000005017	0.0100	pay 0.0013% / 1h	23m 04s	$2K	$12K	10x
Short	Kraken Futures PF_PEPEUSD	0.000005018	−0.0117	pay 0.0015% / 1h	23m 04s	$3.9M	$14.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$45.49
Price spread: +0.013% → 0.000%: $1.3
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$62.19
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 1 min ago. 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 Kraken Futures live order book, 1 min ago	6.81 bp	13.5 bp −$14	16.7 bp −$167	76.8 bp −$7,677	doesn't fit

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
Kraken Futures PF_PEPEUSDshort	−0.0117%	1h	0.000005018	+0.013%	$3.9M	$14.2M	50x
dYdX PEPE-USD	0.0000%	1h	0.000004997	−0.396%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005012	−0.100%	$15K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005001	−0.319%	$59K	$119K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005007	−0.193%	$93.0M	$305.3M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005008	−0.179%	$159.8M	$67.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005010	−0.132%	$25.4M	$56.5M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005013	−0.080%	$43.7M	$153.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004973	−0.883%	$612K	$4.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004980	−0.738%	$52K	$378K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005023	+0.120%	$1K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USDlong	+0.0100%	1h	0.000005017	long leg	$2K	$12K	10x
HTX PEPE-USDT	+0.0100%	8h	0.000005013	−0.082%	$563K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000005010	−0.136%	$2.4M	$6.7M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0186%	8h	0.000005012	−0.100%	$44.2M	$535.3M	50x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005014	−0.053%	$8K	—	15x	as long as short
Paradex kPEPE-USD-PERP	+0.0218%	8h	0.000004998	−0.377%	$6K	$16	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0282%	8h	0.000005017	+0.006%	$31K	$14K	20x	as long as short
BloFin PEPE-USDT	+0.0303%	8h	0.000005011	−0.120%	$4.0M	$23.9M	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0310%	1h	0.000004960	−1.136%	$103K	$754K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0368%	1h	0.000005014	−0.060%	$671K	$27.4M	50x	as long as short
Lighter 1000PEPE	+0.0440%	1h	0.000005016	−0.020%	$585K	$6.7M	10x	as long as short
Nado kPEPE-PERP	+0.0467%	1h	0.000005015	−0.042%	$195K	$858K	10x	as long as short
BingX 1000PEPE-USDT	+0.0473%	8h	0.000005008	−0.179%	—	$257.3M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0482% / S −0.0384%	1h	0.000005000	−0.339%	$63K	—	100x	as long as short
Extended 1000PEPE-USD	+0.0488%	1h	0.000005015	−0.030%	$551K	$148K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0488%	1h	0.000005019	+0.040%	$142K	—	3x	as long as short
MEXC PEPE_USDT	+0.0489%	8h	0.000005007	−0.207%	$98.8M	$286.1M	300x	as long as short
Binance 1000PEPEUSDT	+0.0489%	8h	0.000005012	−0.092%	$138.6M	$1.10B	75x	as long as short
01 Exchange kPEPEUSD	+0.0512%	1h	0.000005016	−0.020%	$1K	$2K	10x	as long as short
Aster 1000PEPEUSDT	+0.0524%	8h	0.000005015	−0.046%	$1.5M	$7.5M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0570%	1h	0.000005014	−0.064%	$95K	$601K	15x	as long as short
Injective PEPE/USDC PERP	+0.0636%	1h	0.000004983	−0.678%	$4K	$102K	12x	as long as short
Hyperliquid kPEPE	+0.1069%	1h	0.000005031	+0.279%	$59.3M	$122.9M	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.1146%	1h	0.000005022	+0.100%	$64K	$111K	25x	as long as short