PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0753%/8h= −82.5% APRnext payment −$0.94 per $10,000 · paid last 24h −0.077%

Price spread now: gTrade (Gains Network) against SoDEX+0.101%54s7-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 gTrade (Gains Network)

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 pays, funding is against you. gTrade (Gains Network) is 0.101% dearer against SoDEX than usual: you sell high and buy low (spread +0.101% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 11 hours. The two prices were read 54 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	SoDEX 1000PEPE-USD	0.000005133	0.0759	pay 0.0095% / 1h	37m 29s	$2K	$12K	10x
Short	gTrade (Gains Network) PEPE/USD	0.000005138	L +0.0006% / S −0.0006%	get 0.0001% / 1h	37m 29s	$15K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.101%Rate

Funding earned: −$158.18
Price spread: +0.101% → 0.000%: $10.13
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$166.05
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

SoDEX and gTrade (Gains Network): 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	0.000005130	−0.058%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USDshort	L +0.0006% / S −0.0006%	1h	0.000005138	+0.101%	$15K	—	150x
Pacifica kPEPE	+0.0100%	1h	0.000005140	+0.136%	$66K	$141K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005134	+0.019%	$100.5M	$347.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005136	+0.058%	$170.7M	$76.4M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005138	+0.088%	$26.3M	$64.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005091	−0.827%	$688K	$4.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005108	−0.485%	$36K	$457K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005140	+0.129%	$2K	$2.4M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005147	+0.267%	$589K	$3.7M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PEPEUSDT	+0.0180%	8h	0.000005142	+0.177%	$46.8M	$175.5M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005142	+0.184%	$8K	—	15x	as long as short
Injective PEPE/USDC PERP	+0.0254%	1h	0.000005044	−1.734%	$3K	$102K	12x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0336%	8h	0.000005132	−0.023%	$34K	$24K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0370%	8h	0.000005143	+0.195%	$46.9M	$611.3M	50x	as long as short
BloFin PEPE-USDT	+0.0488%	8h	0.000005096	−0.721%	$4.3M	$25.6M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0566%	8h	0.000005123	−0.199%	$2.4M	$7.1M	50x	as long as short
BingX 1000PEPE-USDT	+0.0657%	8h	0.000005138	+0.105%	—	$262.0M	—	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0672%	1h	0.000005136	+0.058%	$973K	$32.4M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0677% / S −0.0932%	1h	0.000005000	−2.591%	$46K	—	100x	as long as short
Aevo 1000PEPE-PERP	+0.0696%	1h	0.000005124	−0.175%	$145K	—	3x	as long as short
MEXC PEPE_USDT	+0.0701%	8h	0.000005145	+0.242%	$95.2M	$288.1M	300x	as long as short
Binance 1000PEPEUSDT	+0.0702%	8h	0.000005144	+0.215%	$145.9M	$1.23B	75x	as long as short
Extended 1000PEPE-USD	+0.0704%	1h	0.000005139	+0.121%	$544K	$226K	25x	as long as short
SoDEX 1000PEPE-USDlong	+0.0759%	1h	0.000005133	long leg	$2K	$12K	10x
Nado kPEPE-PERP	+0.0766%	1h	0.000005143	+0.194%	$202K	$881K	10x	as long as short
Aster 1000PEPEUSDT	+0.0795%	8h	0.000005138	+0.107%	$1.8M	$9.3M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0806%	1h	0.000005105	−0.545%	$101K	$743K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0818%	8h	0.000005141	+0.163%	$6K	—	20x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0921%	1h	0.000005130	−0.058%	$72K	$124K	25x	as long as short
Lighter 1000PEPE	+0.0936%	1h	0.000005141	+0.156%	$583K	$8.2M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0981%	1h	0.000005135	+0.037%	$101K	$657K	15x	as long as short
01 Exchange kPEPEUSD	+0.1080%	1h	0.000005158	+0.487%	$622	$3K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.1269%	1h	0.000005131	−0.045%	$4.5M	$15.5M	50x	as long as short
Hyperliquid kPEPE	+0.1505%	1h	0.000005146	+0.253%	$55.3M	$140.5M	10x	as long as short