Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
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Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica kPEPE0.0000052150.0100pay 0.0013% / 1h12m 17s$65K$163K10x
ShortGMX PEPE/USD [ETH-USDC]0.000005000L +0.0994% / S −0.2006%get 0.0251% / 1h12m 17s$64K100x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 40 min ago7.49 bp16.1 bp −$16doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h0.000005209−0.106%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005197−0.349%$14K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+2.148%$3K$111K12xas long as short
Pacifica kPEPElong+0.0100%1h0.000005215long leg$65K$163K10x
Bybit 1000PEPEUSDT+0.0100%8h0.000005203−0.226%$105.5M$384.6M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005199−0.307%$171.3M$89.2M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005204−0.209%$26.0M$68.8M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005212−0.065%$663K$5.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005223+0.152%$29K$536K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005213−0.038%$2K$2.5M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005217+0.042%$587K$4.0M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005204−0.218%$8K15xas long as short
Bitget PEPEUSDT+0.0326%8h0.000005210−0.092%$50.6M$191.4M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0401%8h0.000005204−0.201%$35K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0428%8h0.000005213−0.038%$50.2M$677.4M50xas long as short
SoDEX 1000PEPE-USD+0.0453%1h0.000005206−0.173%$2K$10K10xas long as short
Paradex kPEPE-USD-PERP+0.0508%8h0.000005210−0.100%$6K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0520%1h0.000005203−0.230%$74K$126K25xas long as short
BloFin PEPE-USDT+0.0554%8h0.0000052150.000%$4.8M$28.2M75xas long as short
Phemex u1000PEPEUSDT+0.0679%8h0.000005210−0.100%$2.5M$7.7M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005196−0.364%$710K$36.2M50xas long as short
BingX 1000PEPE-USDC+0.0769%8h0.000005197−0.343%$2.3Mas long as short
ApeX Omni 1000PEPEUSDT+0.0807%1h0.000005244+0.556%$161K$810K25xas long as short
Extended 1000PEPE-USD+0.0816%1h0.000005205−0.184%$550K$236K25xas long as short
Aevo 1000PEPE-PERP+0.0816%1h0.000005204−0.211%$147K3xas long as short
MEXC PEPE_USDT+0.0818%8h0.000005208−0.130%$98.9M$296.8M300xas long as short
Binance 1000PEPEUSDT+0.0819%8h0.000005207−0.160%$149.9M$1.34B75xas long as short
Nado kPEPE-PERP+0.0860%1h0.000005207−0.159%$187K$918K10xas long as short
Aster 1000PEPEUSDT+0.0910%8h0.000005208−0.140%$1.8M$10.4M50xas long as short
01 Exchange kPEPEUSD+0.0968%1h0.000005211−0.077%$629$3K10xas long as short
GMX PEPE/USD [ETH-USDC]shortL +0.0994% / S −0.2006%1h0.000005000−4.123%$64K100x
Lighter 1000PEPE+0.1112%1h0.000005213−0.038%$621K$8.8M10xas long as short
Backpack kPEPE_USDC_PERP+0.1142%1h0.000005220+0.094%$68K$724K15xas long as short
Hyperliquid kPEPE+0.1493%1h0.000005208−0.134%$56.7M$146.2M10xas long as short
Kraken Futures PF_PEPEUSD+0.1569%1h0.000005205−0.198%$4.8M$16.4M50xas long as short