PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GMXPEPE/USD [ETH-USDC]	0.000004000	L +0.0131S +0.0242	pay 0.0016% / 1h	11m 12s	$69K	$758K	50x	Long GMX5% off
SHORT	PhoenixkPEPE	0.000004973	+0.0726	get 0.0091% / 1h	11m 12s	$11K	$174K	10x	Short Phoenix

Price gap+24.325%

Funding gap+0.0596% /8h

Both sides work: funding pays +$18 a day on $10k, and the gap is 12.144% above its 7d average: +$1,214 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$12+0.0596% /8h now · paid −0.121% over the last 7D

Price+$1,214spread +24.325% now, avg +12.181% → +12.144% if it goes back

Costsno datano order book for GMX

Result, before costs+$1,202+12.02%no pointscosts unknown: no order book for GMX · What the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.121% in total, about −0.0058%/8h on average.

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now+24.325%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEPE on 39 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

Note: Order book unknown—
No order-book sample for GMX: its slippage is not counted.
Note: Margin at max leverage$200 + $1,000
GMX 50x, Phoenix 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$17.87Long GMX: 24 payments, −$3.92; short Phoenix: 24 payments, +$21.79.
OK: Entry gap works for you+24.325% vs +12.181%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$11K vs $69K OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legGMX No · Phoenix No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0058%/8h × 21 periods−$12.13

Price spread+24.325% → +12.181% (7d avg)+$1,214.43

Slippage, 4 ordersno data for GMX—

Fee GMX bp × 2 orders−$12.00

Fee Phoenix bp × 2 orders−$7.00

Net, fees only · 7 days · $10k+$1,183.30

Costs to cover0.190%Break-evenfrom the start

Slippage: GMX: no order-book sample; Phoenix: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGMX—————

SELL · SHORTPhoenix3.9824.3 bp−$2481.4 bp−$814doesn’t fitdoesn’t fit

Closing costs about the same again.
GMX: no data.

PEPE news

posts that mention PEPE, from every exchangeSearch all news →

10-28 16:00	OKX	Other	Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
10-22 06:00	KuCoin	Other	Fresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗
09-28 17:53	Phoenix	Listing	Now live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗
09-24 15:00	Phoenix	Listing	new market kPEPE ($PEPE) seen by our collector
09-23 09:30	Phemex	Other	BTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗