PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0401%/8h= −43.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.010%

Price spread now: 01 Exchange against Injective−0.062%7-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 01 Exchange

What this pair did over the last

the charts below follow

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

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and 01 Exchange is 0.062% cheaper against Injective than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PEPE/USDC PERP	0.000004852	0.0873	pay 0.0109% / 1h	34m 47s	$4K	$103K	12x
Short	01 Exchange kPEPEUSD	0.000004849	0.0472	get 0.0059% / 1h	34m 47s	$555	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.062%Rate

Funding earned: −$84.27
Price spread: −0.062% → 0.000%: −$6.18
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$97.47
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Injective: live order book, 49 min ago; 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 Injective live order book, 49 min ago	22.68 bp	65.8 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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
dYdX PEPE-USD	0.0000%	1h	0.000004838	−0.281%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004841	−0.233%	$14K	—	150x	as long as short
Lighter 1000PEPE	+0.0096%	1h	0.000004844	−0.165%	$592K	$5.5M	10x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004833	−0.392%	$62.0M	$78.4M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004843	−0.185%	$60K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004836	−0.330%	$87.4M	$279.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004834	−0.371%	$151.4M	$62.6M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004834	−0.373%	$24.8M	$53.9M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004851	−0.022%	$581K	$4.0M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004858	+0.119%	$27K	$343K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004852	−0.008%	$1K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004843	−0.185%	$3K	$9K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004847	−0.113%	$548K	$3.5M	75x	as long as short
Bitget PEPEUSDT	+0.0155%	8h	0.000004835	−0.348%	$42.6M	$151.6M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004847	−0.109%	$7K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0203%	8h	0.000004839	−0.268%	$41.8M	$493.2M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0213% / S −0.0093%	1h	0.000004000	−17.560%	$54K	—	100x	as long as short
BloFin PEPE-USDT	+0.0323%	8h	0.000004842	−0.206%	$3.9M	$22.2M	75x	as long as short
Paradex kPEPE-USD-PERP	+0.0379%	8h	0.000004844	−0.168%	$5K	$16	20x	as long as short
Phemex u1000PEPEUSDT	+0.0406%	8h	0.000004842	−0.202%	$2.3M	$6.4M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0444%	8h	0.000004844	−0.155%	$30K	$11K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0448%	1h	0.000004844	−0.165%	$615K	$25.7M	50x	as long as short
01 Exchange kPEPEUSDshort	+0.0472%	1h	0.000004849	−0.062%	$555	$2K	10x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0577%	1h	0.000004843	−0.185%	$82K	$94K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.0608%	1h	0.000004842	−0.198%	$91K	$614K	15x	as long as short
Nado kPEPE-PERP	+0.0730%	1h	0.000004845	−0.151%	$186K	$854K	10x	as long as short
BingX 1000PEPE-USDT	+0.0802%	8h	0.000004838	−0.284%	—	$256.1M	—	as long as short
Binance 1000PEPEUSDT	+0.0832%	8h	0.000004836	−0.325%	$130.9M	$1.03B	75x	as long as short
Extended 1000PEPE-USD	+0.0832%	1h	0.000004836	−0.327%	$532K	$148K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0832%	1h	0.000004847	−0.103%	$137K	—	3x	as long as short
MEXC PEPE_USDT	+0.0836%	8h	0.000004835	−0.344%	$92.0M	$283.6M	300x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0841%	1h	0.000004868	+0.330%	$104K	$764K	25x	as long as short
Aster 1000PEPEUSDT	+0.0860%	8h	0.000004840	−0.256%	$1.5M	$7.0M	50x	as long as short
Injective PEPE/USDC PERPlong	+0.0873%	1h	0.000004852	long leg	$4K	$103K	12x
Kraken Futures PF_PEPEUSD	+0.1317%	1h	0.000004843	−0.191%	$4.0M	$13.3M	50x	as long as short