Settings8H · net · $10k
LanguageThe language of the site
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
LONG0.000004371L +0.0571S −0.0767pay 0.0071% / 1h11m 27s$13K$106K150xLong gTrade (Gains Network)
SHORT0.000004300+0.0096get 0.0012% / 1h11m 27s$108K$296K50xShort Popdex
Price gap−1.631%
Funding gap−0.0475% /8h

Both sides work against this direction now: funding costs $14 a day on $10k and the gap is 0.464% under its 7d average. Swap the legs.

Funding on this pair paid 0.190% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$19−0.0475% /8h now · paid +0.190% over the last 7D
Price−$46spread −1.631% now, avg −1.167% → −0.464% if it goes back
Costs−$2962.965% of $10k · taker + slippage, in and out

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.190% in total, about +0.0100%/8h on average.

Price and funding

1h · loading 5m…
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−1.631%
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 36 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size135.1 / 12.7 bp
    At $10k entering gTrade (Gains Network) costs 135.1 bp, fee and slippage, 10.6× Popdex’s.
  • Note: Margin at max leverage$67 + $200
    gTrade (Gains Network) 150x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$14.25Long gTrade (Gains Network): 24 payments, −$17.13; short Popdex: 24 payments, +$2.88.
  • Watch: Gap narrower than usual−1.631% vs −1.167%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$13K vs $108K OI
    gTrade (Gains Network) sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either leggTrade (Gains Network) No · Popdex 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+0.0100%/8h × 21 periods+$21.01
Price spread−1.631% → −1.167% (7d avg)−$46.44
Slippage, 4 orderslive order books−$280.08
Fee gTrade (Gains Network) bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$321.91
Costs to cover2.965%Break-even114.3 days
Slippage: gTrade (Gains Network): virtual book (oracle exchange), 26 min ago; Popdex: live order book, 25 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGgTrade (Gains Network)130.10135.1 bp−$135455.3 bp−$4,5535149.6 bp−$515.0Kdoesn’t fit
SELL · SHORTPopdex4.6112.7 bp−$13153.1 bp−$1,531doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

PEPE news

posts that mention PEPE, from every exchangeSearch all news →
09-30 01:05ReyaListingkPEPERUSDPERP no longer reported ($PEPE) seen by our collector
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 ↗