Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

PEPE

All PEPE markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GMXPEPE/USD [ETH-USDC]
0.000004000L +0.0242S −0.0195pay 0.0030% / 1h4m 43s$18K$70K50xLong GMX5% off
SHORT
TxFlowPEPE-USDC
0.000004341+0.0011get 0.0001% / 1h4m 43s$88K$227K40xShort TxFlow5% off
Price gap+8.525%
Funding gap−0.0232% /8h

Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 2.275% 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−$46−0.0232% /8h now · paid −0.461% over the last 7D
Price−$227spread +8.525% now, avg +10.800% → −2.275% if it goes back
Costsno datano order book for GMX
Result, before costs−$274−2.74%+ Points / potential airdropTxFlow: points · farm boardcosts unknown: no order book for GMX · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now+8.525%
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 · 2 to watch
  • Note: Order book unknown—
    No order-book sample for GMX: its slippage is not counted.
  • Note: Margin at max leverage$200 + $250
    GMX 50x, TxFlow 40x. 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: −$6.95Long GMX: 24 payments, −$7.27; short TxFlow: 24 payments, +$0.32.
  • Watch: Gap narrower than usual+8.525% vs +10.800%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$18K vs $88K OI
    GMX sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points
    Volume here counts toward the points program.
  • OK: No KYC on either legGMX No · TxFlow 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−0.0220%/8h × 21 periods−$46.13
Price spread+8.525% → +10.800% (7d avg)−$227.49
Slippage, 4 ordersno data for GMX—
Fee GMX bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$294.62
Costs to cover0.210%Break-evennever at this rate
Slippage: GMX: no order-book sample; TxFlow: live order book, 36 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGMX—————
SELL · SHORTTxFlow1.155.6 bp−$66.9 bp−$6922.2 bp−$2,225doesn’t fit

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

Alert

PEPE news

posts that mention PEPE, from every exchangeSearch all news →
10-22 06:00KuCoinOtherFresh 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 17:53PhoenixListingNow live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗
09-24 15:00PhoenixListingnew market kPEPE ($PEPE) seen by our collector
09-23 09:30PhemexOtherBTC 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 ↗