PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1156%/8h= +126.6% APRnext payment +$1.45 per $10,000 · paid last 24h +0.024%

Price spread now: 01 Exchange against Injective−0.985%7-day average — · you buy dearer than you sell

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

Long on Injective Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. 01 Exchange is 0.985% cheaper against Injective than usual: you would sell low and buy high (spread −0.985% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$98 on $10k: about 2.8 days of funding at the current rate (+$35 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PEPE/USDC PERP	0.000005381	0.0092	pay 0.0011% / 1h	46m 26s	$3K	$111K	12x
Short	01 Exchange kPEPEUSD	0.000005328	0.1248	get 0.0156% / 1h	46m 26s	$643	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.985%Rate

Funding earned: $242.86
Price spread: −0.985% → 0.000%: −$98.49
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $137.35
Costs to cover: 0.070%
Break-even: 3.0 days

Slippage unknown: Injective: live order book, 7 min ago; 01 Exchange: 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, 7 min ago	17.87 bp	70.3 bp −$70	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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	0.000005316	−1.215%	$20K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005313	−1.267%	$15K	—	150x	as long as short
Injective PEPE/USDC PERPlong	+0.0092%	1h	0.000005381	long leg	$3K	$111K	12x
Pacifica kPEPE	+0.0100%	1h	0.000005320	−1.134%	$69K	$153K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005313	−1.264%	$104.2M	$371.3M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005312	−1.282%	$175.9M	$86.1M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005324	−1.050%	$26.9M	$67.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005323	−1.086%	$765K	$5.0M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005322	−1.092%	$43K	$498K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005344	−0.682%	$2K	$2.5M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000005353	−0.528%	$613K	$3.8M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005323	−1.073%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0262%	8h	0.000005322	−1.102%	$52.0M	$186.5M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0379%	8h	0.000005317	−1.191%	$36K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0422%	8h	0.000005320	−1.134%	$52.4M	$674.8M	50x	as long as short
BloFin PEPE-USDT	+0.0542%	8h	0.000005333	−0.892%	$4.5M	$28.2M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0607%	8h	0.000005338	−0.801%	$2.6M	$7.5M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0685%	1h	0.000005335	−0.855%	$2K	$10K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0688%	1h	0.000005334	−0.873%	$76K	$126K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0712%	1h	0.000005339	−0.781%	$715K	$36.4M	50x	as long as short
BingX 1000PEPE-USDC	+0.0754%	8h	0.000005316	−1.215%	—	$2.3M	—	as long as short
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000005336	−0.836%	$151K	—	3x	as long as short
Paradex kPEPE-USD-PERP	+0.0800%	8h	0.000005311	−1.310%	$6K	—	20x	as long as short
MEXC PEPE_USDT	+0.0807%	8h	0.000005325	−1.044%	$104.0M	$292.7M	300x	as long as short
Binance 1000PEPEUSDT	+0.0807%	8h	0.000005320	−1.127%	$154.0M	$1.31B	75x	as long as short
Extended 1000PEPE-USD	+0.0808%	1h	0.000005314	−1.250%	$563K	$226K	25x	as long as short
Nado kPEPE-PERP	+0.0858%	1h	0.000005321	−1.106%	$190K	$914K	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0892% / S −0.1742%	1h	0.000005000	−7.080%	$66K	—	100x	as long as short
Aster 1000PEPEUSDT	+0.0940%	8h	0.000005320	−1.133%	$1.9M	$9.9M	50x	as long as short
01 Exchange kPEPEUSDshort	+0.1248%	1h	0.000005328	−0.985%	$643	$3K	10x
Lighter 1000PEPE	+0.1264%	1h	0.000005326	−1.022%	$683K	$8.5M	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.1270%	1h	0.000005320	−1.134%	$175K	$798K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.1385%	1h	0.000005337	−0.825%	$72K	$722K	15x	as long as short
Kraken Futures PF_PEPEUSD	+0.1532%	1h	0.000005331	−0.938%	$4.9M	$16.3M	50x	as long as short
Hyperliquid kPEPE	+0.1776%	1h	0.000005328	−0.985%	$58.4M	$144.4M	10x	as long as short