PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0516%/8h= +56.5% APRnext payment +$0.65 per $10,000 · paid last 24h −0.041%

Price spread now: GMX against 01 Exchange−6.244%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange 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—needs both histories

Funding pays, the price is against you. GMX is 6.244% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −6.244% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$624 on $10k: about 40 days of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange kPEPEUSD	0.000005333	0.1240	pay 0.0155% / 1h	45m 05s	$643	$3K	10x
Short	GMX PEPE/USD [ETH-USDC]	0.000005000	L +0.0897% / S −0.1756%	get 0.0220% / 1h	45m 05s	$65K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −6.244%Rate

Funding earned: $108.43
Price spread: −6.244% → 0.000%: −$624.41
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$534.98
Costs to cover: 0.190%
Break-even: 41.5 days

Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

01 Exchange and 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	0.000005317	−0.291%	$20K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000005313	−0.373%	$15K	—	150x	as long as short
Injective PEPE/USDC PERP	+0.0092%	1h	0.000005381	+0.900%	$3K	$111K	12x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000005321	−0.225%	$69K	$153K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005316	−0.323%	$104.8M	$372.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005316	−0.319%	$176.2M	$86.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000005328	−0.090%	$26.9M	$67.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005314	−0.364%	$761K	$5.1M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005342	+0.177%	$43K	$498K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000005325	−0.158%	$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	0.000005327	−0.105%	$610K	$3.8M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005322	−0.215%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0264%	8h	0.000005316	−0.313%	$51.9M	$186.6M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0380%	8h	0.000005328	−0.101%	$36K	$26K	20x	as long as short
OKX PEPE-USDT-SWAP	+0.0422%	8h	0.000005322	−0.206%	$52.5M	$675.6M	50x	as long as short
BloFin PEPE-USDT	+0.0544%	8h	0.000005326	−0.131%	$4.5M	$28.2M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0619%	8h	0.000005329	−0.081%	$2.6M	$7.5M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0634%	1h	0.000005327	−0.113%	$2K	$10K	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0690%	1h	0.000005327	−0.113%	$75K	$126K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0712%	1h	0.000005326	−0.131%	$712K	$36.3M	50x	as long as short
BingX 1000PEPE-USDT	+0.0764%	8h	0.000005316	−0.309%	—	$264.0M	—	as long as short
Paradex kPEPE-USD-PERP	+0.0799%	8h	0.000005320	−0.236%	$6K	—	20x	as long as short
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000005320	−0.244%	$150K	—	3x	as long as short
MEXC PEPE_USDT	+0.0807%	8h	0.000005323	−0.188%	$103.7M	$292.7M	300x	as long as short
Binance 1000PEPEUSDT	+0.0807%	8h	0.000005324	−0.169%	$154.1M	$1.31B	75x	as long as short
Extended 1000PEPE-USD	+0.0808%	1h	0.000005328	−0.097%	$563K	$226K	25x	as long as short
Nado kPEPE-PERP	+0.0856%	1h	0.000005325	−0.141%	$190K	$914K	10x	as long as short
GMX PEPE/USD [ETH-USDC]short	L +0.0897% / S −0.1756%	1h	0.000005000	−6.244%	$65K	—	100x
Aster 1000PEPEUSDT	+0.0935%	8h	0.000005326	−0.128%	$1.9M	$9.9M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.1118%	1h	0.000005342	+0.169%	$177K	$798K	25x	as long as short
01 Exchange kPEPEUSDlong	+0.1240%	1h	0.000005333	long leg	$643	$3K	10x
Lighter 1000PEPE	+0.1328%	1h	0.000005328	−0.094%	$692K	$8.6M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.1350%	1h	0.000005325	−0.156%	$72K	$722K	15x	as long as short
Kraken Futures PF_PEPEUSD	+0.1533%	1h	0.000005325	−0.158%	$4.9M	$16.3M	50x	as long as short
Hyperliquid kPEPE	+0.1762%	1h	0.000005323	−0.188%	$58.4M	$144.5M	10x	as long as short