Funding you earn now, next payment 23:00 UTC+0.0619%/8h= +67.8% APRnext payment +$0.77 per $10,000 · paid last 24h −0.015%
Price spread now: Extended against GMX+21.077%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Extended is 21.077% dearer against GMX than usual: you sell high and buy low: +$2,108 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PEPE/USD [ETH-USDC] | 0.000004000 | L +0.0213% / S −0.0093% | pay 0.0027% / 1h | 35m 15s | $54K | — | 100x |
| Short | Extended 1000PEPE-USD | 0.000004843 | 0.0832 | get 0.0104% / 1h | 35m 15s | $532K | $148K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against GMX. 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
- $129.95
- Price spread: +21.077% → 0.000%
- $2,107.66
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $2,220.6
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Extended: live order book, 48 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 GMX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 48 min ago | 3.09 bp | 7.6 bp −$8 | 44.2 bp −$442 | doesn't fit | doesn't fit |
GMX: 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 | 0.000004838 | +20.959% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004841 | +21.017% | $14K | — | 150x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004844 | +21.100% | $592K | $5.5M | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004843 | +21.075% | $62.0M | $78.3M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004843 | +21.075% | $60K | $113K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004841 | +21.025% | $87.5M | $279.9M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004842 | +21.050% | $151.6M | $62.6M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004842 | +21.048% | $24.9M | $53.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004851 | +21.274% | $581K | $4.0M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004858 | +21.444% | $27K | $343K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000004852 | +21.290% | $1K | $2.4M | 20x | as long as short |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004843 | +21.075% | $3K | $9K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004847 | +21.163% | $548K | $3.5M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0155% | 8h | 0.000004840 | +21.008% | $42.6M | $151.6M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004847 | +21.167% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0203% | 8h | 0.000004845 | +21.125% | $41.9M | $493.8M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC]long | L +0.0213% / S −0.0093% | 1h | 0.000004000 | long leg | $54K | — | 100x | |
| BloFin PEPE-USDT | +0.0323% | 8h | 0.000004842 | +21.050% | $3.9M | $22.2M | 75x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0379% | 8h | 0.000004844 | +21.096% | $5K | $16 | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0406% | 8h | 0.000004842 | +21.055% | $2.3M | $6.4M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0444% | 8h | 0.000004844 | +21.113% | $30K | $11K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0448% | 1h | 0.000004844 | +21.100% | $615K | $25.7M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0472% | 1h | 0.000004849 | +21.225% | $555 | $2K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0577% | 1h | 0.000004843 | +21.075% | $82K | $94K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0608% | 1h | 0.000004842 | +21.060% | $91K | $614K | 15x | as long as short |
| Nado kPEPE-PERP | +0.0730% | 1h | 0.000004845 | +21.117% | $186K | $854K | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0806% | 8h | 0.000004841 | +21.027% | — | $256.1M | — | as long as short |
| Binance 1000PEPEUSDT | +0.0832% | 8h | 0.000004845 | +21.118% | $131.2M | $1.03B | 75x | as long as short |
| Extended 1000PEPE-USDshort | +0.0832% | 1h | 0.000004843 | +21.077% | $532K | $148K | 25x | |
| Aevo 1000PEPE-PERP | +0.0832% | 1h | 0.000004847 | +21.175% | $137K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0836% | 8h | 0.000004844 | +21.113% | $92.3M | $283.6M | 300x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0841% | 1h | 0.000004868 | +21.700% | $104K | $764K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0860% | 8h | 0.000004843 | +21.086% | $1.5M | $7.0M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0873% | 1h | 0.000004852 | +21.300% | $4K | $103K | 12x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1317% | 1h | 0.000004843 | +21.068% | $4.0M | $13.3M | 50x | as long as short |
GMX PEPE/USD [ETH-USDC]
Extended 1000PEPE-USD
gTrade (Gains Network) PEPE/USD
Lighter 1000PEPE
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
BloFin PEPE-USDT
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERP
BingX 1000PEPE-USDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
ApeX Omni 1000PEPEUSDT
Aster 1000PEPEUSDT
Injective PEPE/USDC PERP
Kraken Futures PF_PEPEUSD