PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0608%/8h= +66.6% APRnext payment +$0.76 per $10,000 · paid last 24h +0.046%

Price spread now: GMX against Pacifica−19.501%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on GMX

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 airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 19.501% cheaper against Pacifica than usual: you would sell low and buy high (spread −19.501% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,950 on $10k: about 4 months of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kPEPE	0.000004969	0.0100	pay 0.0013% / 1h	30m 10s	$58K	$119K	10x
Short	GMX PEPE/USD [ETH-USDC]	0.000004000	L +0.0473% / S −0.0708%	get 0.0089% / 1h	30m 10s	$47K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Pacifica. 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 PacificabpFee GMXbpOrdersPrice spread, now −19.501%Rate

Funding earned: $127.78
Price spread: −19.501% → 0.000%: −$1,950.09
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$1,842.31
Costs to cover: 0.200%
Break-even: 107.9 days

Slippage unknown: Pacifica: live order book, 42 min ago; GMX: 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 Pacifica live order book, 42 min ago	7.41 bp	11.4 bp −$11	18.3 bp −$183	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
Kraken Futures PF_PEPEUSD	−0.0118%	1h	0.000004968	−0.027%	$3.9M	$14.0M	50x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004968	−0.026%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004964	−0.091%	$15K	—	150x	as long as short
Pacifica kPEPElong	+0.0100%	1h	0.000004969	long leg	$58K	$119K	10x
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004963	−0.121%	$91.1M	$302.7M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004964	−0.101%	$157.9M	$66.4M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004969	−0.008%	$25.2M	$56.1M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004972	+0.062%	$43.2M	$152.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004960	−0.187%	$585K	$4.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004925	−0.891%	$26K	$353K	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	0.000004974	+0.097%	$1K	$2.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	0.000004967	−0.040%	$2K	$12K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	0.000004960	−0.183%	$557K	$3.5M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	0.000004969	−0.008%	$2.4M	$6.6M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0181%	8h	0.000004971	+0.040%	$43.7M	$528.5M	50x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004968	−0.015%	$8K	—	15x	as long as short
Paradex kPEPE-USD-PERP	+0.0205%	8h	0.000004974	+0.101%	$6K	$16	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0290%	8h	0.000004970	+0.014%	$31K	$14K	20x	as long as short
BloFin PEPE-USDT	+0.0303%	8h	0.000004961	−0.161%	$4.0M	$23.5M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0368%	1h	0.000004972	+0.060%	$592K	$27.0M	50x	as long as short
Lighter 1000PEPE	+0.0384%	1h	0.000004972	+0.060%	$583K	$6.7M	10x	as long as short
Nado kPEPE-PERP	+0.0421%	1h	0.000004972	+0.062%	$193K	$851K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0440%	1h	0.000004944	−0.503%	$102K	$754K	25x	as long as short
GMX PEPE/USD [ETH-USDC]short	L +0.0473% / S −0.0708%	1h	0.000004000	−19.501%	$47K	—	100x
01 Exchange kPEPEUSD	+0.0480%	1h	0.000004978	+0.181%	$1K	$2K	10x	as long as short
BingX 1000PEPE-USDC	+0.0483%	8h	0.000004974	+0.107%	—	$2.3M	—	as long as short
MEXC PEPE_USDT	+0.0501%	8h	0.000004970	+0.022%	$96.6M	$283.8M	300x	as long as short
Binance 1000PEPEUSDT	+0.0501%	8h	0.000004969	−0.006%	$138.5M	$1.10B	75x	as long as short
Extended 1000PEPE-USD	+0.0504%	1h	0.000004966	−0.054%	$546K	$148K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0504%	1h	0.000004981	+0.241%	$141K	—	3x	as long as short
Aster 1000PEPEUSDT	+0.0533%	8h	0.000004970	+0.029%	$1.5M	$7.5M	50x	as long as short
Hyperliquid kPEPE	+0.0570%	1h	0.000004984	+0.302%	$60.2M	$118.6M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0571%	1h	0.000004971	+0.040%	$94K	$601K	15x	as long as short
Injective PEPE/USDC PERP	+0.0636%	1h	0.000004986	+0.342%	$4K	$102K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0757%	1h	0.000004969	0.000%	$68K	$110K	25x	as long as short