PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0386%/8h= −42.3% APRnext payment −$0.48 per $10,000 · paid last 24h −0.052%

Price spread now: Pacifica against GMX+0.980%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 Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Pacifica is 0.980% dearer against GMX than usual: you sell high and buy low (spread +0.980% now, against zero (this spread has no 7-day history yet)): +$98 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 8.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX PEPE/USD [ETH-USDC]	0.000005000	L +0.0486% / S −0.0461%	pay 0.0061% / 1h	16m 11s	$58K	—	100x
Short	Pacifica kPEPE	0.000005049	0.0100	get 0.0013% / 1h	16m 11s	$59K	$120K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.980%Rate

Funding earned: −$81.1
Price spread: +0.980% → 0.000%: $98
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$3.1
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 56 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 Pacifica live order book, 56 min ago	7.41 bp	13.0 bp −$13	21.4 bp −$214	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
Kraken Futures PF_PEPEUSD	−0.0116%	1h	0.000005066	+1.314%	$4.0M	$14.2M	50x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000005045	+0.895%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005059	+1.180%	$15K	—	150x	as long as short
Pacifica kPEPEshort	+0.0100%	1h	0.000005049	+0.980%	$59K	$120K	10x
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005066	+1.328%	$95.1M	$308.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005056	+1.120%	$162.5M	$68.1M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005068	+1.364%	$26.1M	$57.0M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005074	+1.472%	$44.7M	$154.2M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005052	+1.034%	$591K	$4.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005015	+0.301%	$52K	$379K	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	0.000005070	+1.394%	$1K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000005066	+1.320%	$2K	$12K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005065	+1.300%	$570K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000005070	+1.392%	$2.5M	$6.7M	50x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005057	+1.139%	$8K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0193%	8h	0.000005073	+1.460%	$45.1M	$545.4M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0242%	1h	0.000005019	+0.380%	$104K	$749K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0246%	8h	0.000005059	+1.170%	$6K	$16	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0275%	8h	0.000005059	+1.184%	$31K	$14K	20x	as long as short
BloFin PEPE-USDT	+0.0310%	8h	0.000005024	+0.480%	$4.0M	$24.1M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0368%	1h	0.000005073	+1.460%	$692K	$27.9M	50x	as long as short
BingX 1000PEPE-USDT	+0.0465%	8h	0.000005063	+1.266%	—	$257.5M	—	as long as short
MEXC PEPE_USDT	+0.0478%	8h	0.000005068	+1.356%	$100.3M	$289.1M	300x	as long as short
Binance 1000PEPEUSDT	+0.0479%	8h	0.000005070	+1.392%	$140.0M	$1.12B	75x	as long as short
Extended 1000PEPE-USD	+0.0480%	1h	0.000005071	+1.418%	$557K	$148K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0480%	1h	0.000005046	+0.920%	$143K	—	3x	as long as short
GMX PEPE/USD [ETH-USDC]long	L +0.0486% / S −0.0461%	1h	0.000005000	long leg	$58K	—	100x
Lighter 1000PEPE	+0.0504%	1h	0.000005073	+1.460%	$661K	$6.8M	10x	as long as short
Nado kPEPE-PERP	+0.0517%	1h	0.000005061	+1.211%	$192K	$862K	10x	as long as short
Aster 1000PEPEUSDT	+0.0522%	8h	0.000005058	+1.150%	$1.5M	$7.5M	50x	as long as short
01 Exchange kPEPEUSD	+0.0560%	1h	0.000005066	+1.320%	$1K	$2K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0576%	1h	0.000005032	+0.644%	$95K	$601K	15x	as long as short
Injective PEPE/USDC PERP	+0.0636%	1h	0.000005032	+0.640%	$4K	$102K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0936%	1h	0.000005066	+1.320%	$61K	$114K	25x	as long as short
Hyperliquid kPEPE	+0.1669%	1h	0.000005083	+1.660%	$57.9M	$129.2M	10x	as long as short