PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.1379%/8h= −151.0% APRnext payment −$1.72 per $10,000 · paid last 24h −0.123%

Price spread now: dYdX against Injective+0.380%7-day average — · you sell dearer than you buy

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

Long on Injective Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 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

The price spread pays, funding is against you. dYdX is 0.380% dearer against Injective than usual: you sell high and buy low (spread +0.380% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PEPE/USDC PERP	0.000005120	0.1379	pay 0.0172% / 1h	2m 19s	$10K	$119K	12x
Short	dYdX PEPE-USD	0.000005139	0	get 0.0000% / 1h	2m 19s	$19K	$95	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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 InjectivebpFee dYdXbpOrdersPrice spread, now +0.380%Rate

Funding earned: −$289.67
Price spread: +0.380% → 0.000%: $38.03
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$261.66
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: live order book, 46 min ago; dYdX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective live order book, 46 min ago	16.91 bp	72.3 bp −$72	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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-USDshort	0.0000%	1h	0.000005139	+0.380%	$19K	$95	10x
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0007%	1h	0.000005144	+0.477%	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005142	+0.430%	$59K	$178K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005155	+0.678%	$100.7M	$410.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005142	+0.430%	$162.7M	$95.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005153	+0.650%	$26.0M	$71.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005136	+0.305%	$614K	$5.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005133	+0.250%	$28K	$540K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005159	+0.762%	$1K	$2.6M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000005137	+0.336%	$584K	$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	+0.0137%	1h	0.000005154	+0.664%	$2K	$11K	10x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005151	+0.607%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0318%	8h	0.000005150	+0.586%	$45.8M	$213.0M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0379%	8h	0.000005146	+0.502%	$34K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0419%	8h	0.000005154	+0.664%	$48.1M	$716.9M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0537%	8h	0.000005139	+0.379%	$6K	—	20x	as long as short
BloFin PEPE-USDT	+0.0543%	8h	0.000005131	+0.215%	$4.4M	$29.2M	75x	as long as short
Lighter 1000PEPE	+0.0600%	1h	0.000005160	+0.781%	$622K	$9.1M	10x	as long as short
Phemex u1000PEPEUSDT	+0.0610%	8h	0.000005155	+0.687%	$2.4M	$8.0M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0648%	1h	0.000005131	+0.211%	$68K	$843K	15x	as long as short
Nado kPEPE-PERP	+0.0650%	1h	0.000005150	+0.596%	$161K	$953K	10x	as long as short
01 Exchange kPEPEUSD	+0.0680%	1h	0.000005148	+0.547%	$621	$3K	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0680%	1h	0.000005146	+0.508%	$688K	$38.1M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0703%	1h	0.000005129	+0.176%	$155K	$818K	25x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0722%	1h	0.000005148	+0.547%	$73K	$127K	25x	as long as short
BingX 1000PEPE-USDT	+0.0757%	8h	0.000005151	+0.609%	—	$217.1M	—	as long as short
Extended 1000PEPE-USD	+0.0784%	1h	0.000005152	+0.621%	$544K	$281K	25x	as long as short
Binance 1000PEPEUSDT	+0.0788%	8h	0.000005156	+0.705%	$143.3M	$1.44B	75x	as long as short
MEXC PEPE_USDT	+0.0791%	8h	0.000005147	+0.523%	$99.0M	$305.1M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0792%	1h	0.000005143	+0.449%	$145K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0817%	8h	0.000005144	+0.461%	$1.8M	$11.5M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0828%	1h	0.000005155	+0.680%	$4.7M	$16.8M	50x	as long as short
Hyperliquid kPEPE	+0.1032%	1h	0.000005157	+0.723%	$55.0M	$153.8M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1132% / S −0.2351%	1h	0.000005000	−2.344%	$63K	—	100x	as long as short
Injective PEPE/USDC PERPlong	+0.1379%	1h	0.000005120	long leg	$10K	$119K	12x