PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexkPEPEUSDT	0.000004300	+0.0096	pay 0.0012% / 1h	45m 53s	$110K	$171K	50x	Long Popdex
SHORT	GMXPEPE/USD [ETH-USDC]	0.000004000	L +0.0291S −0.0365	get 0.0046% / 1h	45m 53s	$22K	$164K	50x	Short GMX5% off

Price gap−6.977%

Funding gap+0.0269% /8h

Both sides work: funding pays +$8 a day on $10k, and the gap is 2.135% above its 7d average: +$213 more if it goes back.

If you open now and hold

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

Funding+$14+0.0269% /8h now · paid +0.142% over the last 7D

Price+$213spread −6.977% now, avg −9.111% → +2.135% if it goes back

Costsno datano order book for GMX

Result, before costs+$228+2.28%no pointscosts unknown: no order book for GMX · What the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.142% in total, about +0.0068%/8h on average.

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now−6.977%

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$200 + $200
Popdex 50x, 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: +$8.07Long Popdex: 24 payments, −$2.88; short GMX: 24 payments, +$10.95.
OK: Entry gap works for you−6.977% vs −9.111%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$22K vs $110K OI
GMX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legPopdex 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+0.0068%/8h × 21 periods+$14.18

Price spread−6.977% → −9.111% (7d avg)+$213.47

Slippage, 4 ordersno data for GMX—

Fee Popdex bp × 2 orders−$6.40

Fee GMX bp × 2 orders−$12.00

Net, fees only · 7 days · $10k+$209.25

Costs to cover0.184%Break-evenfrom the start

Slippage: Popdex: live order book, 16 min ago; GMX: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex3.428.5 bp−$927.0 bp−$270doesn’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 →

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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 ↗