PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0581%/8h= +63.6% APRnext payment +$0.73 per $10,000 · paid last 24h +0.161%

Price spread now: Kraken Futures against SoDEX−0.064%7-day average — · you buy dearer than you sell

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

Funding pays, the price is against you. Kraken Futures is 0.064% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$17 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000PEPE-USD	0.000005182	0.0128	pay 0.0016% / 1h	10m 03s	$2K	$11K	10x
Short	Kraken Futures PF_PEPEUSD	0.000005179	0.0709	get 0.0089% / 1h	10m 03s	$4.8M	$16.7M	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 −0.064%Rate

Funding earned: $121.99
Price spread: −0.064% → 0.000%: −$6.41
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $97.59
Costs to cover: 0.180%
Break-even: 1.4 days

Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 4 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, 4 min ago	5.34 bp	13.7 bp −$14	16.5 bp −$165	67.2 bp −$6,721	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
dYdX PEPE-USD	0.0000%	1h	0.000005174	−0.161%	$19K	$649	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0008%	1h	0.000005176	−0.108%	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005173	−0.174%	$60K	$184K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005170	−0.232%	$99.8M	$430.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005176	−0.116%	$164.1M	$99.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005152	−0.582%	$615K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005148	−0.656%	$28K	$549K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005191	+0.168%	$1K	$2.7M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005185	+0.056%	$605K	$4.2M	75x	as long as short
SoDEX 1000PEPE-USDlong	+0.0128%	1h	0.000005182	long leg	$2K	$11K	10x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin PEPEUSDTM	+0.0130%	8h	0.000005181	−0.019%	$27.2M	$74.2M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005183	+0.026%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0245%	8h	0.000005169	−0.253%	$46.4M	$220.4M	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0327%	1h	0.000005154	−0.540%	$150K	$834K	25x	as long as short
OKX PEPE-USDT-SWAP	+0.0359%	8h	0.000005170	−0.232%	$48.0M	$751.0M	50x	as long as short
Injective PEPE/USDC PERP	+0.0404%	1h	0.000005163	−0.367%	$8K	$120K	12x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0416%	8h	0.000005182	+0.002%	$34K	$26K	20x	as long as short
Phemex u1000PEPEUSDT	+0.0443%	8h	0.000005182	+0.002%	$2.4M	$8.1M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0461%	8h	0.000005169	−0.257%	$6K	—	20x	as long as short
BloFin PEPE-USDT	+0.0481%	8h	0.000005154	−0.540%	$4.5M	$30.4M	75x	as long as short
Backpack kPEPE_USDC_PERP	+0.0505%	1h	0.000005178	−0.073%	$78K	$891K	15x	as long as short
Lighter 1000PEPE	+0.0544%	1h	0.000005184	+0.039%	$622K	$9.1M	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0544%	1h	0.000005185	+0.058%	$679K	$40.1M	50x	as long as short
BingX 1000PEPE-USDC	+0.0685%	8h	0.000005177	−0.087%	—	$2.3M	—	as long as short
Nado kPEPE-PERP	+0.0703%	1h	0.000005180	−0.033%	$165K	$959K	10x	as long as short
01 Exchange kPEPEUSD	+0.0704%	1h	0.000005183	+0.019%	$625	$2K	10x	as long as short
Kraken Futures PF_PEPEUSDshort	+0.0709%	1h	0.000005179	−0.064%	$4.8M	$16.7M	50x
Binance 1000PEPEUSDT	+0.0709%	8h	0.000005175	−0.145%	$142.4M	$1.50B	75x	as long as short
MEXC PEPE_USDT	+0.0711%	8h	0.000005177	−0.095%	$101.8M	$309.5M	300x	as long as short
Extended 1000PEPE-USD	+0.0712%	1h	0.000005166	−0.313%	$542K	$282K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0712%	1h	0.000005183	+0.019%	$147K	—	3x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0716%	1h	0.000005183	+0.019%	$74K	$127K	25x	as long as short
Aster 1000PEPEUSDT	+0.0716%	8h	0.000005177	−0.100%	$1.8M	$12.0M	50x	as long as short
Hyperliquid kPEPE	+0.0907%	1h	0.000005181	−0.019%	$53.9M	$159.3M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1068% / S −0.1281%	1h	0.000005000	−3.512%	$50K	—	100x	as long as short