Funding you earn now, next payment 06:00 UTC−0.0654%/8h= −71.6% APRpaid last 24h +0.024%
Price spread now: SoDEX against Binance+0.023%45s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. SoDEX is 0.023% dearer against Binance than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 3 hours. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000PEPEUSDT | 0.000005153 | 0.0791 | pay 0.0791% / 8h | 2h 01m | $142.7M | $1.44B | 75x |
| Short | SoDEX 1000PEPE-USD | 0.000005154 | 0.0137 | get 0.0017% / 1h | 1m 36s | $2K | $11K | 10x |
Binance 1000PEPEUSDT
SoDEX 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Binance. 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
- −$137.24
- Price spread: +0.023% → 0.000%
- $2.33
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$152.91
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 12 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 Binance live order book, 12 min ago | 0.10 bp | 5.1 bp −$5 | 8.7 bp −$87 | 26.9 bp −$2,685 | 66.3 bp −$33.2K |
| 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 | 0.000005145 | −0.151% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0007% | 1h | 0.000005144 | −0.163% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005152 | −0.016% | $59K | $178K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005149 | −0.074% | $100.5M | $410.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005149 | −0.074% | $163.0M | $95.8M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005151 | −0.029% | $25.9M | $71.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005136 | −0.334% | $614K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005129 | −0.467% | $28K | $540K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005159 | +0.120% | $1K | $2.6M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005137 | −0.303% | $584K | $4.2M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX 1000PEPE-USDshort | +0.0137% | 1h | 0.000005154 | +0.023% | $2K | $11K | 10x | |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005163 | +0.198% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0316% | 8h | 0.000005163 | +0.206% | $45.9M | $213.0M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0379% | 8h | 0.000005146 | −0.138% | $34K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0419% | 8h | 0.000005156 | +0.062% | $48.1M | $717.3M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0539% | 8h | 0.000005150 | −0.062% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0543% | 8h | 0.000005131 | −0.423% | $4.4M | $29.2M | 75x | as long as short |
| Lighter 1000PEPE | +0.0600% | 1h | 0.000005155 | +0.043% | $622K | $9.1M | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0610% | 8h | 0.000005155 | +0.047% | $2.4M | $8.0M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0650% | 1h | 0.000005158 | +0.101% | $162K | $953K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0652% | 1h | 0.000005156 | +0.066% | $67K | $844K | 15x | as long as short |
| 01 Exchange kPEPEUSD | +0.0680% | 1h | 0.000005155 | +0.043% | $622 | $3K | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0680% | 1h | 0.000005146 | −0.132% | $688K | $38.1M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0703% | 1h | 0.000005129 | −0.462% | $155K | $818K | 25x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0722% | 1h | 0.000005148 | −0.093% | $73K | $127K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0760% | 8h | 0.000005143 | −0.190% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0784% | 1h | 0.000005149 | −0.069% | $544K | $281K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0787% | 8h | 0.000005151 | −0.041% | $99.0M | $305.1M | 300x | as long as short |
| Binance 1000PEPEUSDTlong | +0.0791% | 8h | 0.000005153 | long leg | $142.7M | $1.44B | 75x | |
| Aevo 1000PEPE-PERP | +0.0792% | 1h | 0.000005143 | −0.190% | $145K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0817% | 8h | 0.000005155 | +0.041% | $1.9M | $11.5M | 50x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0828% | 1h | 0.000005155 | +0.039% | $4.7M | $16.8M | 50x | as long as short |
| Hyperliquid kPEPE | +0.1034% | 1h | 0.000005159 | +0.120% | $55.0M | $154.0M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1132% / S −0.2351% | 1h | 0.000005000 | −2.965% | $63K | — | 100x | as long as short |
| Injective PEPE/USDC PERP | +0.1379% | 1h | 0.000005120 | −0.637% | $10K | $119K | 12x | as long as short |
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Lighter 1000PEPE
Phemex u1000PEPEUSDT
Nado kPEPE-PERP
Backpack kPEPE_USDC_PERP
01 Exchange kPEPEUSD
Coinbase International 1000PEPE-PERP-INTX
ApeX Omni 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
MEXC PEPE_USDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]
Injective PEPE/USDC PERP