Funding you earn now, next payment 07:00 UTC−0.0460%/8h= −50.4% APRnext payment −$0.58 per $10,000 · paid last 24h +0.054%
Price spread now: 01 Exchange against GMX+3.520%47s7-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
=Together, before fees—needs both histories
The price spread pays, funding is against you. 01 Exchange is 3.520% dearer against GMX than usual: you sell high and buy low (spread +3.520% now, against zero (this spread has no 7-day history yet)): +$352 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 26 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PEPE/USD [ETH-USDC] | 0.000005000 | L +0.1132% / S −0.2249% | pay 0.0142% / 1h | 6m 23s | $64K | — | 100x |
| Short | 01 Exchange kPEPEUSD | 0.000005176 | 0.0672 | get 0.0084% / 1h | 6m 23s | $624 | $3K | 10x |
GMX PEPE/USD [ETH-USDC]
01 Exchange kPEPEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$96.62
- Price spread: +3.520% → 0.000%
- $352
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $236.38
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample | — | — | — | — | — |
GMX and 01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0016% | 1h | 0.000005140 | +2.800% | $8K | $120K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005154 | +3.070% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005161 | +3.222% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005159 | +3.180% | $60K | $182K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005168 | +3.360% | $101.2M | $421.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005169 | +3.380% | $164.6M | $97.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005115 | +2.291% | $600K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005152 | +3.044% | $28K | $543K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005179 | +3.588% | $1K | $2.7M | 20x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005168 | +3.366% | $599K | $4.2M | 75x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0111% | 8h | 0.000005170 | +3.400% | $26.4M | $72.6M | 75x | as long as short |
| SoDEX 1000PEPE-USD | +0.0172% | 1h | 0.000005169 | +3.380% | $2K | $11K | 10x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005173 | +3.463% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0286% | 8h | 0.000005169 | +3.388% | $46.2M | $216.4M | 75x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0397% | 8h | 0.000005168 | +3.360% | $47.8M | $737.0M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0400% | 8h | 0.000005171 | +3.430% | $34K | $26K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0422% | 1h | 0.000005152 | +3.040% | $150K | $829K | 25x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0452% | 1h | 0.000005167 | +3.334% | $4.7M | $16.5M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0456% | 1h | 0.000005162 | +3.236% | $73K | $865K | 15x | as long as short |
| BloFin PEPE-USDT | +0.0512% | 8h | 0.000005161 | +3.220% | $4.4M | $29.9M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0521% | 8h | 0.000005172 | +3.442% | $2.4M | $8.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0521% | 8h | 0.000005160 | +3.205% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0525% | 1h | 0.000005168 | +3.360% | $74K | $127K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0624% | 1h | 0.000005172 | +3.440% | $679K | $39.1M | 50x | as long as short |
| 01 Exchange kPEPEUSDshort | +0.0672% | 1h | 0.000005176 | +3.520% | $624 | $3K | 10x | |
| Nado kPEPE-PERP | +0.0701% | 1h | 0.000005172 | +3.435% | $165K | $960K | 10x | as long as short |
| Lighter 1000PEPE | +0.0704% | 1h | 0.000005173 | +3.460% | $617K | $9.1M | 10x | as long as short |
| BingX 1000PEPE-USDC | +0.0729% | 8h | 0.000005169 | +3.378% | — | $2.3M | — | as long as short |
| Aster 1000PEPEUSDT | +0.0751% | 8h | 0.000005169 | +3.374% | $1.8M | $11.7M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0759% | 8h | 0.000005167 | +3.349% | $142.0M | $1.47B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0759% | 8h | 0.000005174 | +3.476% | $100.7M | $306.7M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0760% | 1h | 0.000005166 | +3.321% | $543K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0760% | 1h | 0.000005169 | +3.380% | $146K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0957% | 1h | 0.000005177 | +3.540% | $53.8M | $156.8M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC]long | L +0.1132% / S −0.2249% | 1h | 0.000005000 | long leg | $64K | — | 100x |
KuCoin PEPEUSDTM
SoDEX 1000PEPE-USD
Reya kPEPERUSDPERP
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
ApeX Omni 1000PEPEUSDT
Kraken Futures PF_PEPEUSD
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
Lighter 1000PEPE
BingX 1000PEPE-USDC
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE