PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.1083%/8h= −118.6% APRnext payment −$1.35 per $10,000 · paid last 24h −0.108%

Price spread now: dYdX against GMX+25.205%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on dYdX

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. dYdX is 25.205% dearer against GMX than usual: you sell high and buy low (spread +25.205% now, against zero (this spread has no 7-day history yet)): +$2,520 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX PEPE/USD [ETH-USDC]	0.000004000	L +0.1083% / S −0.2019%	pay 0.0135% / 1h	35m 43s	$63K	—	100x
Short	dYdX PEPE-USD	0.000005008	0	get 0.0000% / 1h	35m 43s	$18K	$95	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against GMX. 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 GMXbpFee dYdXbpOrdersPrice spread, now +25.205%Rate

Funding earned: −$227.36
Price spread: +25.205% → 0.000%: $2,520.5
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: $2,271.13
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; dYdX: 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 GMX no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

GMX and dYdX: 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-USDshort	0.0000%	1h	0.000005008	+25.205%	$18K	$95	10x
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0001%	1h	0.000004994	+24.860%	$6K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005015	+25.375%	$57K	$177K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005011	+25.273%	$98.9M	$403.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005011	+25.275%	$161.8M	$93.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005005	+25.120%	$25.1M	$70.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004997	+24.918%	$599K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005003	+25.074%	$28K	$537K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005006	+25.145%	$1K	$2.6M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005000	+24.988%	$560K	$4.1M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit 1000PEPE_USDC-PERPETUAL	+0.0150%	1h	0.000004996	+24.900%	$71K	$127K	25x	as long as short
SoDEX 1000PEPE-USD	+0.0153%	1h	0.000004997	+24.925%	$2K	$10K	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004998	+24.939%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0339%	8h	0.000005016	+25.410%	$45.2M	$209.6M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0407%	8h	0.000005001	+25.033%	$33K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0418%	8h	0.000005014	+25.350%	$46.1M	$683.3M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0539%	8h	0.000005009	+25.219%	$6K	—	20x	as long as short
BloFin PEPE-USDT	+0.0546%	8h	0.000005020	+25.500%	$4.4M	$27.9M	75x	as long as short
01 Exchange kPEPEUSD	+0.0648%	1h	0.000005010	+25.250%	$604	$3K	10x	as long as short
Phemex u1000PEPEUSDT	+0.0650%	8h	0.000005003	+25.077%	$2.4M	$7.9M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0658%	1h	0.000004997	+24.928%	$73K	$830K	15x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0680%	1h	0.000005014	+25.350%	$637K	$36.8M	50x	as long as short
Lighter 1000PEPE	+0.0704%	1h	0.000005021	+25.525%	$596K	$9.0M	10x	as long as short
Nado kPEPE-PERP	+0.0747%	1h	0.000005002	+25.057%	$165K	$941K	10x	as long as short
BingX 1000PEPE-USDC	+0.0770%	8h	0.000005006	+25.138%	—	$2.3M	—	as long as short
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000005004	+25.100%	$141K	—	3x	as long as short
MEXC PEPE_USDT	+0.0803%	8h	0.000005014	+25.357%	$96.5M	$300.9M	300x	as long as short
Binance 1000PEPEUSDT	+0.0804%	8h	0.000005013	+25.323%	$141.3M	$1.40B	75x	as long as short
Extended 1000PEPE-USD	+0.0808%	1h	0.000005007	+25.178%	$530K	$277K	25x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0832%	1h	0.000004993	+24.825%	$153K	$813K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.0855%	1h	0.000004994	+24.852%	$4.6M	$16.7M	50x	as long as short
Aster 1000PEPEUSDT	+0.0862%	8h	0.000005011	+25.274%	$1.8M	$11.1M	50x	as long as short
Hyperliquid kPEPE	+0.1033%	1h	0.000005021	+25.525%	$52.9M	$151.8M	10x	as long as short
GMX PEPE/USD [ETH-USDC]long	L +0.1083% / S −0.2019%	1h	0.000004000	long leg	$63K	—	100x
Injective PEPE/USDC PERP	+0.1379%	1h	0.000005034	+25.850%	$3K	$111K	12x	as long as short