Funding you earn now, next payment 05:00 UTC−0.0455%/8h= −49.9% APRnext payment −$0.57 per $10,000 · paid last 24h −0.030%
Price spread now: Reya against SoDEX−0.215%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
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Reya is 0.215% cheaper against SoDEX than usual: you would sell low and buy high (−$22 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 | 0.000005303 | 0.0644 | pay 0.0081% / 1h | 41m 44s | $2K | $10K | 10x |
| Short | Reya kPEPERUSDPERP | 0.000005292 | 0.0189 | get 0.0024% / 1h | 41m 44s | $8K | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$95.63
- Price spread: −0.215% → 0.000%
- −$21.55
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$131.18
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Reya: 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 Reya no order-book sample | — | — | — | — | — |
SoDEX and Reya: 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 | 0.000005295 | −0.150% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005291 | −0.221% | $15K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +0.453% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005305 | +0.038% | $69K | $153K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005316 | +0.247% | $108.3M | $375.7M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005321 | +0.339% | $176.0M | $86.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005329 | +0.490% | $27.0M | $67.7M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005314 | +0.199% | $761K | $5.1M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005342 | +0.744% | $43K | $498K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005296 | −0.140% | $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 | −0.034% | $607K | $3.8M | 75x | as long as short |
| Reya kPEPERUSDPERPshort | +0.0189% | 1h | 0.000005292 | −0.215% | $8K | — | 15x | |
| Bitget PEPEUSDT | +0.0270% | 8h | 0.000005321 | +0.338% | $51.8M | $188.9M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0382% | 8h | 0.000005302 | −0.015% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0429% | 8h | 0.000005320 | +0.321% | $52.5M | $678.2M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0556% | 8h | 0.000005322 | +0.358% | $4.8M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0642% | 8h | 0.000005307 | +0.081% | $2.6M | $7.5M | 50x | as long as short |
| SoDEX 1000PEPE-USDlong | +0.0644% | 1h | 0.000005303 | long leg | $2K | $10K | 10x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0694% | 1h | 0.000005300 | −0.057% | $75K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005301 | −0.038% | $735K | $36.3M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0764% | 8h | 0.000005318 | +0.287% | — | $2.3M | — | as long as short |
| Paradex kPEPE-USD-PERP | +0.0786% | 8h | 0.000005299 | −0.067% | $6K | — | 20x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005304 | +0.019% | $150K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0803% | 8h | 0.000005321 | +0.349% | $155.1M | $1.31B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0807% | 8h | 0.000005330 | +0.505% | $103.4M | $293.3M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0808% | 1h | 0.000005322 | +0.367% | $562K | $226K | 25x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0904% / S −0.1776% | 1h | 0.000005000 | −5.714% | $65K | — | 100x | as long as short |
| Nado kPEPE-PERP | +0.0906% | 1h | 0.000005287 | −0.306% | $190K | $916K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0938% | 8h | 0.000005312 | +0.169% | $1.9M | $10.1M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.1032% | 1h | 0.000005324 | +0.396% | $176K | $800K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.1184% | 1h | 0.000005303 | 0.000% | $640 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1296% | 1h | 0.000005303 | +0.008% | $71K | $722K | 15x | as long as short |
| Lighter 1000PEPE | +0.1320% | 1h | 0.000005324 | +0.396% | $697K | $8.6M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1540% | 1h | 0.000005300 | −0.054% | $4.9M | $16.3M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1769% | 1h | 0.000005325 | +0.415% | $58.4M | $144.6M | 10x | as long as short |
SoDEX 1000PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Paradex kPEPE-USD-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDT
ApeX Omni 1000PEPEUSDT
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE