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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
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Funding arb · Price arb / Crypto

PEPE

All PEPE markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GRVTKPEPE_USDT_Perp
0.000004967−0.1217get 0.1217% / 8h6h 11m$1.2M$2.6M10xLong GRVT
SHORT
Variational Omni1000PEPE
0.000004948+0.0100get 0.0100% / 8h6h 11m$750K$5.0M50xShort Variational Omni+15% pts
Price gap−0.370%
Funding gap+0.1317% /8h

Funding pays +$40 a day on $10k, but the gap is 0.135% under its 7d average: −$13 if it goes back, about 8 hours of funding. At the last 7 days' pace that is about 7.0 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$13+0.1317% /8h now · paid +0.135% over the last 7D
Price−$13spread −0.370% now, avg −0.235% → −0.135% if it goes back
Costs−$500.504% of $10k · taker + slippage, in and out
Result−$50−0.50%+ Points / potential airdropGRVT: points · Variational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.135% in total, about +0.0064%/8h on average.

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−0.370%
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 size8.2 / 22.2 bp
    At $10k entering Variational Omni costs 22.2 bp, fee and slippage, 2.7× GRVT’s.
  • Note: Margin at max leverage$1,000 + $200
    GRVT 10x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$39.51Long GRVT: 3 payments, +$36.51; short Variational Omni: 3 payments, +$3.00.
  • Watch: Gap narrower than usual−0.370% vs −0.235%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$750K vs $1.2M OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points · Variational Omni points
    Volume here counts toward the points program.
  • OK: No KYC on either legGRVT No · Variational Omni 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+0.0064%/8h × 21 periods+$13.47
Price spread−0.370% → −0.235% (7d avg)−$13.47
Slippage, 4 orderslive order books−$41.43
Fee GRVT bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$50.43
Costs to cover0.504%Break-even33.2 days
Slippage: GRVT: live order book, 1 min ago; Variational Omni: RFQ quote, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGRVT2.118.2 bp−$814.8 bp−$148doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni5.0622.2 bp−$2233.4 bp−$334doesn’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 ↗