PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0345%/8h= +37.8% APRnext payment +$0.43 per $10,000 · paid last 24h +0.010%

Price spread now: Injective against 01 Exchange+0.021%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Injective

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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and Injective is 0.021% dearer against 01 Exchange than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange kPEPEUSD	0.000004867	0.0528	pay 0.0066% / 1h	42m 29s	$558	$2K	10x
Short	Injective PEPE/USDC PERP	0.000004868	0.0873	get 0.0109% / 1h	42m 29s	$4K	$103K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against 01 Exchange. 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 01 ExchangebpFee InjectivebpOrdersPrice spread, now +0.021%Rate

Funding earned: $72.51
Price spread: +0.021% → 0.000%: $2.05
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $67.54
Costs to cover: 0.070%
Break-even: 0.5 days

Slippage unknown: 01 Exchange: no order-book sample; Injective: live order book, 41 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Injective live order book, 41 min ago	22.68 bp	22.7 bp −$23	doesn't fit	doesn't fit	doesn't fit

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	0.000004837	−0.607%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004828	−0.793%	$14K	—	150x	as long as short
Lighter 1000PEPE	+0.0096%	1h	0.000004840	−0.555%	$624K	$5.4M	10x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004839	−0.575%	$61.0M	$76.9M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004840	−0.555%	$60K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004858	−0.189%	$88.2M	$278.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004836	−0.637%	$150.9M	$62.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004839	−0.575%	$25.0M	$53.7M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004845	−0.451%	$545K	$3.9M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004840	−0.549%	$27K	$344K	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	0.000004849	−0.376%	$1K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004834	−0.678%	$2K	$9K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004844	−0.471%	$550K	$3.5M	75x	as long as short
Bitget PEPEUSDT	+0.0164%	8h	0.000004860	−0.138%	$42.8M	$151.4M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004862	−0.105%	$7K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0201%	8h	0.000004860	−0.144%	$41.6M	$493.8M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0316% / S −0.0215%	1h	0.000004000	−17.814%	$52K	—	100x	as long as short
BloFin PEPE-USDT	+0.0324%	8h	0.000004842	−0.514%	$3.9M	$22.2M	75x	as long as short
Paradex kPEPE-USD-PERP	+0.0422%	8h	0.000004845	−0.456%	$5K	$16	20x	as long as short
Phemex u1000PEPEUSDT	+0.0433%	8h	0.000004840	−0.563%	$2.3M	$6.4M	50x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0440%	8h	0.000004832	−0.725%	$30K	$11K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0448%	1h	0.000004847	−0.411%	$617K	$25.6M	50x	as long as short
01 Exchange kPEPEUSDlong	+0.0528%	1h	0.000004867	long leg	$558	$2K	10x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0578%	1h	0.000004833	−0.699%	$82K	$94K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.0673%	1h	0.000004838	−0.594%	$92K	$614K	15x	as long as short
Nado kPEPE-PERP	+0.0760%	1h	0.000004859	−0.157%	$187K	$854K	10x	as long as short
BingX 1000PEPE-USDT	+0.0828%	8h	0.000004857	−0.214%	—	$256.0M	—	as long as short
Extended 1000PEPE-USD	+0.0848%	1h	0.000004857	−0.214%	$532K	$148K	25x	as long as short
MEXC PEPE_USDT	+0.0850%	8h	0.000004843	−0.487%	$91.9M	$283.1M	300x	as long as short
Binance 1000PEPEUSDT	+0.0850%	8h	0.000004857	−0.201%	$130.9M	$1.03B	75x	as long as short
Aevo 1000PEPE-PERP	+0.0864%	1h	0.000004836	−0.637%	$137K	—	3x	as long as short
Injective PEPE/USDC PERPshort	+0.0873%	1h	0.000004868	+0.021%	$4K	$103K	12x
Aster 1000PEPEUSDT	+0.0878%	8h	0.000004842	−0.511%	$1.5M	$7.0M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0935%	1h	0.000004841	−0.534%	$103K	$764K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.1319%	1h	0.000004835	−0.665%	$4.0M	$13.2M	50x	as long as short