TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.000004586+0.0100pay 0.0050% / 4h2h 57m$25K$407K20xLong edgeX
SHORT0.000004603+0.0100get 0.0013% / 1h57m 51s$242K$868K10xShort Polymarket Perps
Price gap+0.360%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$33 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$270.0000% /8h now · paid −0.270% over the last 7D
Price+$33spread +0.360% now, avg +0.029% → +0.331% if it goes back
Costs−$420.417% of $10k · taker + slippage, in and out
Result−$36−0.36%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.360%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEPE on 39 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size5.7 / 15.2 bp
    At $10k entering Polymarket Perps costs 15.2 bp, fee and slippage, 2.7× edgeX’s.
  • Note: Margin at max leverage$500 + $1,000
    edgeX 20x, Polymarket Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: $0.00Long edgeX: 6 payments, −$3.00; short Polymarket Perps: 24 payments, +$3.00.
  • OK: Entry gap works for you+0.360% vs +0.029%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$25K vs $242K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • OK: No KYC on either legedgeX No · Polymarket Perps No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0129%/8h × 21 periods−$27.04
Price spread+0.360% → +0.029% (7d avg)+$33.14
Slippage, 4 orderslive order books−$24.74
Fee edgeX bp × 2 orders−$9.00
Fee Polymarket Perps bp × 2 orders−$8.00
Net · 7 days · $10k−$35.64
Costs to cover0.417%Break-evennever at this rate
Slippage: edgeX: live order book, 30 min ago; Polymarket Perps: live order book, 24 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGedgeX1.035.7 bp−$625.9 bp−$259doesn’t fitdoesn’t fit
SELL · SHORTPolymarket Perps11.2015.2 bp−$1528.8 bp−$288doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

PEPE news

posts that mention PEPE, from every exchangeSearch all news →
10-28 16:00OKXOtherEurope, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
10-22 06:00KuCoinOtherFresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗
09-28 17:53PhoenixListingNow live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗
09-24 15:00PhoenixListingnew market kPEPE ($PEPE) seen by our collector
09-23 09:30PhemexOtherBTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗