PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0170%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h −0.057%

Price spread now: ApeX Omni against Injective−0.125%108s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.341%−$34 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.125% cheaper against Injective than usual: you would sell low and buy high (spread −0.125% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 2.4 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.341%, so the current rate has only just turned in your favour. The two prices were read 108 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	Injective PEPE/USDC PERP	0.000004809	0.0555	pay 0.0069% / 1h	29m 35s	$4K	$92K	12x
Short	ApeX Omni 1000PEPEUSDT	0.000004803	0.0726	get 0.0091% / 1h	29m 35s	$99K	$759K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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 InjectivebpFee ApeX OmnibpOrdersPrice spread, now −0.125%Rate

Funding earned: $35.79
Price spread: −0.125% → 0.000%: −$12.48
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $13.3
Costs to cover: 0.100%
Break-even: 4.4 days

Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 59 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 Injective no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 59 min ago	5.79 bp	13.8 bp −$14	75.8 bp −$758	doesn't fit	doesn't fit

Injective: 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
dYdX PEPE-USD	0.0000%	1h	0.000004799	−0.208%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004794	−0.312%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004805	−0.083%	$57.1M	$70.4M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004807	−0.042%	$59K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004805	−0.083%	$88.7M	$273.3M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004800	−0.187%	$149.2M	$61.9M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004807	−0.046%	$23.8M	$52.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004799	−0.202%	$702K	$3.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004804	−0.114%	$27K	$338K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004806	−0.052%	$2K	$2.4M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000004799	−0.214%	$553K	$3.6M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0136%	8h	0.000004806	−0.062%	$41.3M	$488.5M	50x	as long as short
Bitget PEPEUSDT	+0.0173%	8h	0.000004803	−0.119%	$43.1M	$152.2M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004806	−0.061%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0248%	8h	0.000004806	−0.062%	$3.9M	$21.7M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0318% / S −0.0217%	1h	0.000004000	−16.823%	$52K	—	100x	as long as short
Lighter 1000PEPE	+0.0360%	1h	0.000004809	0.000%	$592K	$5.1M	10x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0382%	8h	0.000004799	−0.210%	$29K	$11K	20x	as long as short
Paradex kPEPE-USD-PERP	+0.0408%	8h	0.000004806	−0.052%	$5K	$16	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004801	−0.166%	$575K	$25.3M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0469%	8h	0.000004799	−0.216%	$2.3M	$6.3M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0522%	1h	0.000004798	−0.222%	$95K	$622K	15x	as long as short
Injective PEPE/USDC PERPlong	+0.0555%	1h	0.000004809	long leg	$4K	$92K	12x
Nado kPEPE-PERP	+0.0697%	1h	0.000004809	−0.001%	$180K	$859K	10x	as long as short
SoDEX 1000PEPE-USD	+0.0714%	1h	0.000004798	−0.229%	$2K	$9K	10x	as long as short
ApeX Omni 1000PEPEUSDTshort	+0.0726%	1h	0.000004803	−0.125%	$99K	$759K	25x
Kraken Futures PF_PEPEUSD	+0.0763%	1h	0.000004798	−0.239%	$3.9M	$13.0M	50x	as long as short
BingX 1000PEPE-USDC	+0.0774%	8h	0.000004805	−0.091%	—	$2.3M	—	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0793%	1h	0.000004798	−0.229%	$81K	$94K	25x	as long as short
Extended 1000PEPE-USD	+0.0816%	1h	0.000004805	−0.083%	$526K	$147K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0816%	1h	0.000004808	−0.021%	$136K	—	3x	as long as short
MEXC PEPE_USDT	+0.0819%	8h	0.000004810	+0.012%	$90.4M	$290.0M	300x	as long as short
Binance 1000PEPEUSDT	+0.0826%	8h	0.000004811	+0.044%	$127.9M	$1.02B	75x	as long as short
Aster 1000PEPEUSDT	+0.0862%	8h	0.000004810	+0.012%	$1.5M	$6.8M	50x	as long as short
01 Exchange kPEPEUSD	+0.1232%	1h	0.000004820	+0.229%	$552	$2K	10x	as long as short