PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0064%/8h= −7.1% APRnext payment −$0.08 per $10,000 · paid last 24h −0.010%

Price spread now: Reya against SoDEX+0.046%7-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 Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 0.046% dearer against SoDEX than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX 1000PEPE-USD	0.000004979	0.0253	pay 0.0032% / 1h	57m 39s	$2K	$12K	10x
Short	Reya kPEPERUSDPERP	0.000004981	0.0189	get 0.0024% / 1h	57m 39s	$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 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 ReyabpOrdersPrice spread, now +0.046%Rate

Funding earned: −$13.54
Price spread: +0.046% → 0.000%: $4.61
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: −$22.93
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	0.000004979	+0.003%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000004971	−0.157%	$3K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004987	+0.161%	$59K	$122K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004980	+0.028%	$95.3M	$313.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004982	+0.060%	$160.0M	$68.7M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004990	+0.229%	$25.0M	$58.4M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004992	+0.257%	$44.4M	$157.1M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004975	−0.088%	$544K	$4.5M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005028	+0.976%	$46K	$387K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004981	+0.046%	$1K	$2.4M	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	0.000004976	−0.052%	$557K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000004983	+0.086%	$2.4M	$6.8M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0154%	1h	0.000005019	+0.803%	$110K	$751K	25x	as long as short
Reya kPEPERUSDPERPshort	+0.0189%	1h	0.000004981	+0.046%	$8K	—	15x
OKX PEPE-USDT-SWAP	+0.0194%	8h	0.000004988	+0.181%	$43.9M	$546.8M	50x	as long as short
SoDEX 1000PEPE-USDlong	+0.0253%	1h	0.000004979	long leg	$2K	$12K	10x
Orderly PERP_1000PEPE_USDC	+0.0270%	8h	0.000004978	−0.022%	$32K	$22K	20x	as long as short
BloFin PEPE-USDT	+0.0310%	8h	0.000004989	+0.201%	$4.2M	$24.3M	75x	as long as short
Paradex kPEPE-USD-PERP	+0.0335%	8h	0.000004989	+0.204%	$6K	$16	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0424%	1h	0.000004992	+0.261%	$644K	$28.1M	50x	as long as short
BingX 1000PEPE-USDT	+0.0452%	8h	0.000004988	+0.177%	—	$257.8M	—	as long as short
Extended 1000PEPE-USD	+0.0464%	1h	0.000004990	+0.217%	$546K	$199K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0464%	1h	0.000004979	0.000%	$141K	—	3x	as long as short
MEXC PEPE_USDT	+0.0467%	8h	0.000004988	+0.171%	$95.1M	$286.4M	300x	as long as short
Binance 1000PEPEUSDT	+0.0468%	8h	0.000004986	+0.133%	$137.2M	$1.14B	75x	as long as short
Lighter 1000PEPE	+0.0488%	1h	0.000004997	+0.362%	$645K	$6.8M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0501% / S −0.0407%	1h	0.000004000	−19.663%	$62K	—	100x	as long as short
Aster 1000PEPEUSDT	+0.0531%	8h	0.000004990	+0.217%	$1.7M	$7.8M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0555%	1h	0.000004976	−0.060%	$60K	$114K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.0779%	1h	0.000004986	+0.141%	$99K	$610K	15x	as long as short
Kraken Futures PF_PEPEUSD	+0.0837%	1h	0.000004978	−0.016%	$3.9M	$14.3M	50x	as long as short
Nado kPEPE-PERP	+0.0890%	1h	0.000004982	+0.063%	$180K	$871K	10x	as long as short
01 Exchange kPEPEUSD	+0.0904%	1h	0.000004985	+0.121%	$1K	$2K	10x	as long as short
Injective PEPE/USDC PERP	+0.0909%	1h	0.000004996	+0.341%	$4K	$102K	12x	as long as short
Hyperliquid kPEPE	+0.2875%	1h	0.000005002	+0.462%	$55.4M	$133.8M	10x	as long as short