PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0621%/8h= −68.0% APRnext payment −$0.78 per $10,000 · paid last 24h +0.004%

Price spread now: Injective against 01 Exchange−0.145%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 Injective

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

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Injective is 0.145% cheaper against 01 Exchange than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange kPEPEUSD	0.000004820	0.1176	pay 0.0147% / 1h	3m 54s	$552	$2K	10x
Short	Injective PEPE/USDC PERP	0.000004813	0.0555	get 0.0069% / 1h	3m 54s	$4K	$110K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.145%Rate

Funding earned: −$130.38
Price spread: −0.145% → 0.000%: −$14.52
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$151.92
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Injective: live order book, 20 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Injective live order book, 20 min ago	22.68 bp	22.7 bp −$23	doesn't fit	doesn't fit	doesn't fit

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	0.000004800	−0.420%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004807	−0.270%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004817	−0.062%	$58.7M	$73.1M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004807	−0.270%	$59K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004815	−0.108%	$87.5M	$275.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004810	−0.207%	$150.3M	$62.4M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004817	−0.058%	$25.0M	$53.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004797	−0.471%	$551K	$3.9M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004830	+0.202%	$27K	$340K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	0.000004821	+0.021%	$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	0.000004820	−0.008%	$555K	$3.4M	75x	as long as short
Bitget PEPEUSDT	+0.0182%	8h	0.000004815	−0.108%	$42.5M	$150.9M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0185%	8h	0.000004820	0.000%	$41.5M	$486.8M	50x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004817	−0.068%	$7K	—	15x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0215% / S −0.0088%	1h	0.000004000	−17.012%	$54K	—	100x	as long as short
BloFin PEPE-USDT	+0.0302%	8h	0.000004800	−0.415%	$3.9M	$21.8M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0423%	8h	0.000004814	−0.133%	$29K	$11K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004808	−0.249%	$575K	$25.1M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0511%	8h	0.000004814	−0.122%	$2.3M	$6.4M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0533%	8h	0.000004810	−0.206%	$5K	$16	20x	as long as short
Injective PEPE/USDC PERPshort	+0.0555%	1h	0.000004813	−0.145%	$4K	$110K	12x
Backpack kPEPE_USDC_PERP	+0.0729%	1h	0.000004821	+0.029%	$93K	$624K	15x	as long as short
Lighter 1000PEPE	+0.0736%	1h	0.000004816	−0.083%	$572K	$5.3M	10x	as long as short
Nado kPEPE-PERP	+0.0744%	1h	0.000004813	−0.145%	$188K	$848K	10x	as long as short
SoDEX 1000PEPE-USD	+0.0751%	1h	0.000004813	−0.145%	$2K	$9K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0751%	1h	0.000004804	−0.332%	$102K	$763K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.0761%	1h	0.000004810	−0.205%	$3.9M	$13.1M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0790%	1h	0.000004812	−0.166%	$81K	$94K	25x	as long as short
BingX 1000PEPE-USDT	+0.0828%	8h	0.000004816	−0.091%	—	$254.7M	—	as long as short
Extended 1000PEPE-USD	+0.0872%	1h	0.000004817	−0.065%	$529K	$147K	25x	as long as short
MEXC PEPE_USDT	+0.0872%	8h	0.000004821	+0.023%	$91.6M	$292.7M	300x	as long as short
Aevo 1000PEPE-PERP	+0.0872%	1h	0.000004818	−0.041%	$136K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0875%	8h	0.000004816	−0.084%	$128.4M	$1.02B	75x	as long as short
Aster 1000PEPEUSDT	+0.0900%	8h	0.000004815	−0.098%	$1.5M	$6.9M	50x	as long as short
01 Exchange kPEPEUSDlong	+0.1176%	1h	0.000004820	long leg	$552	$2K	10x