PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GMXPEPE/USD [ETH-USDC]	0.000004000	L +0.0245S −0.0623	pay 0.0031% / 1h	47m 26s	$13K	$164K	50x	Long GMX5% off
SHORT	PopdexkPEPEUSDT	0.000004400	+0.0096	get 0.0012% / 1h	47m 26s	$112K	$252K	50x	Short Popdex

Price gap+10.000%

Funding gap−0.0149% /8h

Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.238% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$16−0.0149% /8h now · paid −0.161% over the last 7D

Price−$24spread +10.000% now, avg +10.238% → −0.238% if it goes back

Costsno datano order book for GMX

Result, before costs−$40−0.40%no pointscosts unknown: no order book for GMX · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now+10.000%

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

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for GMX: its slippage is not counted.
Note: Margin at max leverage$200 + $200
GMX 50x, Popdex 50x. 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: −$4.47Long GMX: 24 payments, −$7.35; short Popdex: 24 payments, +$2.88.
Watch: Gap narrower than usual+10.000% vs +10.238%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$13K vs $112K OI
GMX 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 · Popdex 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−0.0077%/8h × 21 periods−$16.09

Price spread+10.000% → +10.238% (7d avg)−$23.81

Slippage, 4 ordersno data for GMX—

Fee GMX bp × 2 orders−$12.00

Fee Popdex bp × 2 orders−$6.40

Net, fees only · 7 days · $10k−$58.30

Costs to cover0.184%Break-evennever at this rate

Slippage: GMX: no order-book sample; Popdex: live order book, 20 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGMX—————

SELL · SHORTPopdex4.5416.5 bp−$1676.0 bp−$760doesn’t fitdoesn’t fit

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

PEPE news

posts that mention PEPE, from every exchangeSearch all news →

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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 ↗