PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0218%/8h= −23.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.054%

Price spread now: Pacifica against GMX+20.225%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 Pacifica

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

The price spread pays, funding is against you. Pacifica is 20.225% dearer against GMX than usual: you sell high and buy low (spread +20.225% now, against zero (this spread has no 7-day history yet)): +$2,023 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 10 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX PEPE/USD [ETH-USDC]	0.000004000	L +0.0318% / S −0.0217%	pay 0.0040% / 1h	8m 03s	$52K	—	100x
Short	Pacifica kPEPE	0.000004809	0.0100	get 0.0013% / 1h	8m 03s	$59K	$113K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +20.225%Rate

Funding earned: −$45.77
Price spread: +20.225% → 0.000%: $2,022.5
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $1,956.73
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 14 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 Pacifica live order book, 14 min ago	5.16 bp	16.5 bp −$16	doesn't fit	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	0.000004805	+20.121%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004808	+20.192%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004809	+20.225%	$58.4M	$72.6M	10x	as long as short
Pacifica kPEPEshort	+0.0100%	1h	0.000004809	+20.225%	$59K	$113K	10x
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004809	+20.213%	$87.5M	$275.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004808	+20.200%	$150.2M	$62.3M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004810	+20.250%	$24.9M	$53.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004820	+20.509%	$577K	$3.8M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004821	+20.534%	$27K	$340K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004823	+20.568%	$1K	$2.4M	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	0.000004814	+20.360%	$554K	$3.4M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0179%	8h	0.000004813	+20.325%	$41.4M	$485.8M	50x	as long as short
Bitget PEPEUSDT	+0.0183%	8h	0.000004809	+20.218%	$42.4M	$150.8M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004815	+20.378%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0295%	8h	0.000004821	+20.525%	$3.9M	$21.8M	75x	as long as short
GMX PEPE/USD [ETH-USDC]long	L +0.0318% / S −0.0217%	1h	0.000004000	long leg	$52K	—	100x
Orderly PERP_1000PEPE_USDC	+0.0419%	8h	0.000004814	+20.350%	$29K	$11K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004808	+20.200%	$578K	$25.1M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0500%	8h	0.000004818	+20.455%	$2.3M	$6.4M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0526%	8h	0.000004809	+20.227%	$5K	$16	20x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004829	+20.725%	$4K	$110K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0582%	1h	0.000004812	+20.300%	$81K	$94K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.0716%	1h	0.000004813	+20.330%	$93K	$624K	15x	as long as short
Lighter 1000PEPE	+0.0736%	1h	0.000004817	+20.425%	$600K	$5.3M	10x	as long as short
Nado kPEPE-PERP	+0.0738%	1h	0.000004815	+20.381%	$188K	$848K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0743%	1h	0.000004818	+20.450%	$102K	$762K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.0761%	1h	0.000004812	+20.300%	$3.9M	$13.1M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0764%	1h	0.000004813	+20.325%	$2K	$9K	10x	as long as short
BingX 1000PEPE-USDT	+0.0820%	8h	0.000004811	+20.285%	—	$254.7M	—	as long as short
MEXC PEPE_USDT	+0.0870%	8h	0.000004810	+20.263%	$91.2M	$292.2M	300x	as long as short
Extended 1000PEPE-USD	+0.0872%	1h	0.000004811	+20.274%	$529K	$147K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0872%	1h	0.000004814	+20.350%	$136K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0873%	8h	0.000004814	+20.340%	$128.3M	$1.02B	75x	as long as short
Aster 1000PEPEUSDT	+0.0904%	8h	0.000004813	+20.322%	$1.5M	$6.9M	50x	as long as short
01 Exchange kPEPEUSD	+0.1208%	1h	0.000004823	+20.575%	$552	$2K	10x	as long as short