Funding you earn now, next payment 05:00 UTC+0.1906%/8h= +208.7% APRnext payment +$2.38 per $10,000 · paid last 24h +0.080%
Price spread now: GMX against Pacifica−4.123%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. GMX is 4.123% cheaper against Pacifica than usual: you would sell low and buy high (spread −4.123% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$412 on $10k: about 7.2 days of funding at the current rate (+$57 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica kPEPE | 0.000005215 | 0.0100 | pay 0.0013% / 1h | 12m 17s | $65K | $163K | 10x |
| Short | GMX PEPE/USD [ETH-USDC] | 0.000005000 | L +0.0994% / S −0.2006% | get 0.0251% / 1h | 12m 17s | $64K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $400.19
- Price spread: −4.123% → 0.000%
- −$412.27
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$32.08
- Costs to cover
- 0.200%
- Break-even
- 7.6 days
Slippage unknown: Pacifica: live order book, 40 min ago; GMX: 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 Pacifica live order book, 40 min ago | 7.49 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 0.000005209 | −0.106% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005197 | −0.349% | $14K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +2.148% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPElong | +0.0100% | 1h | 0.000005215 | long leg | $65K | $163K | 10x | |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005203 | −0.226% | $105.5M | $384.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005199 | −0.307% | $171.3M | $89.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005204 | −0.209% | $26.0M | $68.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005212 | −0.065% | $663K | $5.2M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005223 | +0.152% | $29K | $536K | 20x | as long as short |
| SunX 1000PEPE-USDT | +0.0100% | 8h | 0.000005213 | −0.038% | $2K | $2.5M | 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 | 0.000005217 | +0.042% | $587K | $4.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005204 | −0.218% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0326% | 8h | 0.000005210 | −0.092% | $50.6M | $191.4M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0401% | 8h | 0.000005204 | −0.201% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0428% | 8h | 0.000005213 | −0.038% | $50.2M | $677.4M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0453% | 1h | 0.000005206 | −0.173% | $2K | $10K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0508% | 8h | 0.000005210 | −0.100% | $6K | — | 20x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0520% | 1h | 0.000005203 | −0.230% | $74K | $126K | 25x | as long as short |
| BloFin PEPE-USDT | +0.0554% | 8h | 0.000005215 | 0.000% | $4.8M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0679% | 8h | 0.000005210 | −0.100% | $2.5M | $7.7M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005196 | −0.364% | $710K | $36.2M | 50x | as long as short |
| BingX 1000PEPE-USDC | +0.0769% | 8h | 0.000005197 | −0.343% | — | $2.3M | — | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0807% | 1h | 0.000005244 | +0.556% | $161K | $810K | 25x | as long as short |
| Extended 1000PEPE-USD | +0.0816% | 1h | 0.000005205 | −0.184% | $550K | $236K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0816% | 1h | 0.000005204 | −0.211% | $147K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0818% | 8h | 0.000005208 | −0.130% | $98.9M | $296.8M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0819% | 8h | 0.000005207 | −0.160% | $149.9M | $1.34B | 75x | as long as short |
| Nado kPEPE-PERP | +0.0860% | 1h | 0.000005207 | −0.159% | $187K | $918K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0910% | 8h | 0.000005208 | −0.140% | $1.8M | $10.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0968% | 1h | 0.000005211 | −0.077% | $629 | $3K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC]short | L +0.0994% / S −0.2006% | 1h | 0.000005000 | −4.123% | $64K | — | 100x | |
| Lighter 1000PEPE | +0.1112% | 1h | 0.000005213 | −0.038% | $621K | $8.8M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1142% | 1h | 0.000005220 | +0.094% | $68K | $724K | 15x | as long as short |
| Hyperliquid kPEPE | +0.1493% | 1h | 0.000005208 | −0.134% | $56.7M | $146.2M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1569% | 1h | 0.000005205 | −0.198% | $4.8M | $16.4M | 50x | as long as short |
Pacifica kPEPE
GMX PEPE/USD [ETH-USDC]
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
SunX 1000PEPE-USDT
HTX PEPE-USDT
Bitget PEPEUSDT
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
Paradex kPEPE-USD-PERP
Deribit 1000PEPE_USDC-PERPETUAL
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDC
ApeX Omni 1000PEPEUSDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Hyperliquid kPEPE
Kraken Futures PF_PEPEUSD