Funding you earn now, next payment 05:00 UTC−0.1134%/8h= −124.2% APRnext payment −$1.42 per $10,000 · paid last 24h −0.097%
Price spread now: SoDEX against Hyperliquid−0.133%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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and SoDEX is 0.133% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 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 | Hyperliquid kPEPE | 0.000005275 | 0.1621 | pay 0.0203% / 1h | 28m 14s | $57.7M | $145.3M | 10x |
| Short | SoDEX 1000PEPE-USD | 0.000005268 | 0.0487 | get 0.0061% / 1h | 28m 14s | $2K | $10K | 10x |
Hyperliquid kPEPE
SoDEX 1000PEPE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Hyperliquid. 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
- −$238.13
- Price spread: −0.133% → 0.000%
- −$13.27
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$268.4
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 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 Hyperliquid live order book, 6 min ago | 0.94 bp | 7.6 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| 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 | 0.000005263 | −0.236% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005260 | −0.288% | $14K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +0.986% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005273 | −0.038% | $67K | $162K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005263 | −0.227% | $106.9M | $378.2M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005260 | −0.284% | $174.7M | $87.9M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005274 | −0.011% | $26.4M | $68.2M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005312 | +0.693% | $747K | $5.1M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005299 | +0.460% | $29K | $535K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005270 | −0.087% | $1K | $2.5M | 20x | as long as short |
dYdX PEPE-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-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005267 | −0.142% | $598K | $3.9M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005267 | −0.160% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0291% | 8h | 0.000005269 | −0.108% | $51.2M | $190.1M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0390% | 8h | 0.000005266 | −0.163% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0432% | 8h | 0.000005266 | −0.171% | $51.5M | $677.5M | 50x | as long as short |
| SoDEX 1000PEPE-USDshort | +0.0487% | 1h | 0.000005268 | −0.133% | $2K | $10K | 10x | |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0510% | 1h | 0.000005264 | −0.209% | $75K | $126K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0563% | 8h | 0.000005267 | −0.152% | $4.9M | $28.3M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0582% | 8h | 0.000005271 | −0.081% | $6K | — | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0624% | 8h | 0.000005269 | −0.121% | $2.5M | $7.5M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005268 | −0.133% | $703K | $36.5M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0763% | 8h | 0.000005263 | −0.231% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0800% | 1h | 0.000005267 | −0.156% | $559K | $226K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0800% | 1h | 0.000005255 | −0.379% | $149K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0801% | 8h | 0.000005268 | −0.129% | $103.2M | $295.1M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0803% | 8h | 0.000005269 | −0.119% | $153.7M | $1.33B | 75x | as long as short |
| Nado kPEPE-PERP | +0.0875% | 1h | 0.000005269 | −0.118% | $190K | $916K | 10x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0904% | 1h | 0.000005308 | +0.626% | $163K | $808K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0918% | 8h | 0.000005270 | −0.086% | $1.9M | $10.3M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0948% / S −0.1887% | 1h | 0.000005000 | −5.213% | $65K | — | 100x | as long as short |
| 01 Exchange kPEPEUSD | +0.1016% | 1h | 0.000005285 | +0.190% | $637 | $3K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1199% | 1h | 0.000005269 | −0.118% | $69K | $724K | 15x | as long as short |
| Lighter 1000PEPE | +0.1256% | 1h | 0.000005273 | −0.038% | $698K | $8.7M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1551% | 1h | 0.000005265 | −0.181% | $4.8M | $16.4M | 50x | as long as short |
| Hyperliquid kPEPElong | +0.1621% | 1h | 0.000005275 | long leg | $57.7M | $145.3M | 10x |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Nado kPEPE-PERP
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Kraken Futures PF_PEPEUSD