PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0339%/8h= −37.1% APRnext payment −$0.42 per $10,000 · paid last 24h +0.013%

Price spread now: Extended against GMX+2.752%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Extended

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 2.752% dearer against GMX than usual: you sell high and buy low (spread +2.752% now, against zero (this spread has no 7-day history yet)): +$275 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 27 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX PEPE/USD [ETH-USDC]	0.000005000	L +0.1131% / S −0.2351%	pay 0.0141% / 1h	3m 01s	$63K	—	100x
Short	Extended 1000PEPE-USD	0.000005138	0.0792	get 0.0099% / 1h	3m 01s	$544K	$281K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GMX. 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 GMXbpFee ExtendedbpOrdersPrice spread, now +2.752%Rate

Funding earned: −$71.21
Price spread: +2.752% → 0.000%: $275.22
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $187.01
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Extended: live order book, 45 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 GMX no order-book sample	—	—	—	—	—
Sell Extended live order book, 45 min ago	2.98 bp	7.5 bp −$7	43.1 bp −$431	doesn't fit	doesn't fit

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	0.000005123	+2.452%	$19K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0007%	1h	0.000005120	+2.404%	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005130	+2.600%	$59K	$178K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005139	+2.780%	$100.5M	$410.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005124	+2.480%	$162.3M	$95.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005142	+2.836%	$25.9M	$71.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005136	+2.712%	$614K	$5.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005133	+2.656%	$28K	$540K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005136	+2.710%	$1K	$2.6M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005129	+2.580%	$583K	$4.2M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX 1000PEPE-USD	+0.0140%	1h	0.000005130	+2.600%	$2K	$11K	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005125	+2.494%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0319%	8h	0.000005141	+2.824%	$45.7M	$213.0M	75x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0336%	1h	0.000005126	+2.520%	$73K	$127K	25x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0380%	8h	0.000005129	+2.572%	$34K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0418%	8h	0.000005141	+2.820%	$47.9M	$714.6M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0541%	8h	0.000005129	+2.587%	$6K	—	20x	as long as short
BloFin PEPE-USDT	+0.0543%	8h	0.000005131	+2.620%	$4.4M	$29.2M	75x	as long as short
Lighter 1000PEPE	+0.0600%	1h	0.000005134	+2.680%	$619K	$9.1M	10x	as long as short
Phemex u1000PEPEUSDT	+0.0618%	8h	0.000005130	+2.596%	$2.4M	$8.0M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0648%	1h	0.000005131	+2.616%	$68K	$843K	15x	as long as short
Nado kPEPE-PERP	+0.0661%	1h	0.000005128	+2.558%	$161K	$953K	10x	as long as short
01 Exchange kPEPEUSD	+0.0680%	1h	0.000005130	+2.600%	$619	$3K	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0680%	1h	0.000005130	+2.600%	$689K	$37.9M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0703%	1h	0.000005129	+2.580%	$155K	$818K	25x	as long as short
BingX 1000PEPE-USDT	+0.0759%	8h	0.000005129	+2.570%	—	$217.1M	—	as long as short
Binance 1000PEPEUSDT	+0.0792%	8h	0.000005137	+2.747%	$142.8M	$1.44B	75x	as long as short
Extended 1000PEPE-USDshort	+0.0792%	1h	0.000005138	+2.752%	$544K	$281K	25x
MEXC PEPE_USDT	+0.0793%	8h	0.000005140	+2.808%	$98.7M	$305.0M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000005129	+2.580%	$145K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0821%	8h	0.000005135	+2.696%	$1.8M	$11.5M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0833%	1h	0.000005128	+2.568%	$4.7M	$16.8M	50x	as long as short
Hyperliquid kPEPE	+0.1028%	1h	0.000005136	+2.720%	$54.8M	$153.8M	10x	as long as short
GMX PEPE/USD [ETH-USDC]long	L +0.1131% / S −0.2351%	1h	0.000005000	long leg	$63K	—	100x
Injective PEPE/USDC PERP	+0.1379%	1h	0.000005120	+2.400%	$10K	$119K	12x	as long as short