PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixkPEPE	0.000005006	+0.0786	pay 0.0098% / 1h	31m 34s	$11K	$172K	10x	Long Phoenix
SHORT	GMXPEPE/USD [ETH-USDC]	0.000005000	L +0.0123S +0.0231	pay 0.0029% / 1h	31m 34s	$76K	$763K	50x	Short GMX5% off

Price gap−0.120%

Funding gap−0.1017% /8h

The gap pays +$1,074 on $10k if it goes back to its 7d average, but funding costs $31 a day and eats that in about 35 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$2−0.1017% /8h now · paid +0.019% over the last 7D

Price+$1,074spread −0.120% now, avg −10.858% → +10.738% if it goes back

Costsno datano order book for GMX

Result, before costs+$1,076+10.76%no pointscosts unknown: no order book for GMX · What the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.019% in total, about +0.0009%/8h on average.

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now−0.120%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEPE on 39 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

Note: Order book unknown—
No order-book sample for GMX: its slippage is not counted.
Note: Margin at max leverage$1,000 + $200
Phoenix 10x, GMX 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$30.50Long Phoenix: 24 payments, −$23.57; short GMX: 24 payments, −$6.93.
OK: Entry gap works for you−0.120% vs −10.858%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$11K vs $76K OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legPhoenix No · GMX No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0009%/8h × 21 periods+$1.90

Price spread−0.120% → −10.858% (7d avg)+$1,073.82

Slippage, 4 ordersno data for GMX—

Fee Phoenix bp × 2 orders−$7.00

Fee GMX bp × 2 orders−$12.00

Net, fees only · 7 days · $10k+$1,056.73

Costs to cover0.190%Break-evenfrom the start

Slippage: Phoenix: live order book, 45 min ago; GMX: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix3.9824.3 bp−$2479.1 bp−$791doesn’t fitdoesn’t fit

SELL · SHORTGMX—————

Closing costs about the same again.
GMX: no data.

PEPE news

posts that mention PEPE, from every exchangeSearch all news →

10-28 16:00	OKX	Other	Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
10-22 06:00	KuCoin	Other	Fresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗
09-28 17:53	Phoenix	Listing	Now live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗
09-24 15:00	Phoenix	Listing	new market kPEPE ($PEPE) seen by our collector
09-23 09:30	Phemex	Other	BTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗