Settings8H · net · $10k
LanguageThe language of the site
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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
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.000004300+0.0096pay 0.0012% / 1h7m 35s$111K$151K50xLong Popdex
SHORT0.000004358+0.0100get 0.0100% / 8h4h 07m$1.0M$2.2M10xShort GRVT
Price gap+1.344%
Funding gap+0.0004% /8h

Funding is ≈ 0, so this is a price-spread trade: +$19 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$0+0.0004% /8h now · paid 0.000% over the last 7D
Price+$19spread +1.344% now, avg +1.151% → +0.193% if it goes back
Costs−$410.410% of $10k · taker + slippage, in and out
Result−$22−0.22%+ Points / potential airdropGRVT: 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+1.344%
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

4 ok · 2 to watch
  • OK: Fits both order books13.5 / 8.9 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$200 + $1,000
    Popdex 50x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short GRVT: 3 payments, +$3.00.
  • OK: Entry gap works for you+1.344% vs +1.151%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$111K vs $1.0M OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · GRVT 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 earned0.0000%/8h × 21 periods−$0.01
Price spread+1.344% → +1.151% (7d avg)+$19.33
Slippage, 4 orderslive order books−$25.65
Fee Popdex bp × 2 orders−$6.40
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$21.72
Costs to cover0.410%Break-evennever at this rate
Slippage: Popdex: live order book, 39 min ago; GRVT: live order book, just now

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex3.4213.5 bp−$1344.2 bp−$442doesn’t fitdoesn’t fit
SELL · SHORTGRVT2.528.9 bp−$913.9 bp−$139doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

PEPE news

posts that mention PEPE, from every exchangeSearch all news →
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