PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0909%/8h= −99.5% APRnext payment −$1.14 per $10,000 · paid last 24h −0.131%

Price spread now: dYdX against Injective+0.723%7-day average — · you sell dearer than you buy

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

Long on Injective Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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. dYdX is 0.723% dearer against Injective than usual: you sell high and buy low (spread +0.723% now, against zero (this spread has no 7-day history yet)): +$72 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PEPE/USDC PERP	0.000005070	0.0909	pay 0.0114% / 1h	26m 19s	$4K	$102K	12x
Short	dYdX PEPE-USD	0.000005107	0	get 0.0000% / 1h	26m 19s	$19K	$95	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.723%Rate

Funding earned: −$190.82
Price spread: +0.723% → 0.000%: $72.25
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$128.58
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: live order book, 42 min ago; dYdX: 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 Injective live order book, 42 min ago	22.64 bp	59.9 bp −$60	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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 34 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-USDshort	0.0000%	1h	0.000005107	+0.723%	$19K	$95	10x
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	0.000005091	+0.420%	$14K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005113	+0.848%	$62K	$125K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005092	+0.436%	$98.9M	$322.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005095	+0.493%	$162.4M	$70.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005100	+0.582%	$25.2M	$60.3M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000005097	+0.536%	$47.2M	$160.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005092	+0.427%	$624K	$4.5M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005065	−0.093%	$27K	$406K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005114	+0.860%	$2K	$2.4M	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005103	+0.653%	$575K	$3.6M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005100	+0.589%	$8K	—	15x	as long as short
Phemex u1000PEPEUSDT	+0.0215%	8h	0.000005098	+0.548%	$2.4M	$6.9M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0232%	8h	0.000005097	+0.533%	$45.3M	$571.1M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0277%	8h	0.000005100	+0.602%	$33K	$23K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0321%	1h	0.000005065	−0.099%	$107K	$746K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0424%	1h	0.000005110	+0.789%	$661K	$29.5M	50x	as long as short
BingX 1000PEPE-USDC	+0.0483%	8h	0.000005099	+0.572%	—	$2.3M	—	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0511% / S −0.0869%	1h	0.000005000	−1.381%	$48K	—	100x	as long as short
Extended 1000PEPE-USD	+0.0520%	1h	0.000005116	+0.914%	$563K	$199K	25x	as long as short
MEXC PEPE_USDT	+0.0520%	8h	0.000005097	+0.540%	$95.6M	$290.4M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0520%	1h	0.000005110	+0.789%	$144K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0526%	8h	0.000005099	+0.572%	$144.0M	$1.17B	75x	as long as short
Paradex kPEPE-USD-PERP	+0.0548%	8h	0.000005110	+0.795%	$6K	$16	20x	as long as short
Nado kPEPE-PERP	+0.0595%	1h	0.000005104	+0.676%	$183K	$881K	10x	as long as short
SoDEX 1000PEPE-USD	+0.0620%	1h	0.000005104	+0.671%	$2K	$12K	10x	as long as short
Aster 1000PEPEUSDT	+0.0629%	8h	0.000005110	+0.790%	$1.7M	$8.1M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0816%	1h	0.000005102	+0.635%	$4.0M	$14.5M	50x	as long as short
Injective PEPE/USDC PERPlong	+0.0909%	1h	0.000005070	long leg	$4K	$102K	12x
Backpack kPEPE_USDC_PERP	+0.0933%	1h	0.000005109	+0.769%	$103K	$616K	15x	as long as short
01 Exchange kPEPEUSD	+0.0984%	1h	0.000005117	+0.927%	$1K	$2K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.1122%	1h	0.000005108	+0.750%	$62K	$114K	25x	as long as short
Lighter 1000PEPE	+0.1512%	1h	0.000005122	+1.026%	$1.1M	$7.4M	10x	as long as short
Hyperliquid kPEPE	+0.2235%	1h	0.000005109	+0.769%	$56.5M	$135.9M	10x	as long as short