data as of
Settings8H · net · $10k
Funding arb /

PEPE

all PEPE markets
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Funding spread now, next payment 15:00 UTC−0.0291%/8h
paid, last 24h−0.001%paid, last 5 days−0.037%to open and close $10k−$40
The current rate is far above what this pair has been paying: over the last 5 days it paid -0.037% in total (about -2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000PEPEUSDT0.0000043070.0391pay 0.0391% / 8h1h 57m$1.3M$2.9M50x
ShortBackpack kPEPE_USDC_PERP0.0000043090.0100get 0.0013% / 1h57m 30s$118K$199K15x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$61.03
Slippage, 4 orders
−$22.1
Fee Aster: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$101.13
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Backpack: live order book, 62 min ago.

Price risk

price view
Price gap now
+0.047%
Avg gap 7d
−0.075%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 2 min ago0.12 bp9.1 bp −$915.7 bp −$157doesn't fitdoesn't fit
Sell Backpack live order book, 62 min ago0.12 bp7.8 bp −$820.7 bp −$207doesn't fitdoesn't fit

PEPE on 34 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PEPE/USDC PERP−0.0104%1h$16K$39K12xas long as short
Phemex u1000PEPEUSDT−0.0065%8h$2.1M$5.2M50xas long as short
dYdX PEPE-USD0.0000%1h$17K$90810xas long as short
Deribit 1000PEPE_USDC-PERPETUAL0.0000%1h$36K$63K25xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0002%1h$5K150xas long as short
Orderly PERP_1000PEPE_USDC+0.0058%8h$26K$3K20xas long as short
Aevo 1000PEPE-PERP+0.0096%1h$122K3xas long as short
Paradex kPEPE-USD-PERP+0.0096%8h$5K$5220xas long as short
Nado kPEPE-PERP+0.0100%1h$193K$397K10xas long as short
Pacifica kPEPE+0.0100%1h$51K$37K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance 1000PEPEUSDT+0.0100%8h$96.9M$444.0M75xas long as short
Bybit 1000PEPEUSDT+0.0100%8h$73.1M$109.0M50xas long as short
OKX PEPE-USDT-SWAP+0.0100%8h$30.7M$207.2M50xas long as short
Gate PEPE_USDT+0.0100%8h$111.2M$24.3M75xas long as short
MEXC PEPE_USDT+0.0100%8h$91.8M$197.6M300xas long as short
KuCoin PEPEUSDTM+0.0100%8h$19.1M$25.3M75xas long as short
Bitget PEPEUSDT+0.0100%8h$38.9M$65.9M75xas long as short
BingX 1000PEPE-USDT+0.0100%8h$117.1Mas long as short
Backpack kPEPE_USDC_PERPshort+0.0100%1h$118K$199K15x
Variational Omni 1000PEPE+0.0100%8h$517K$1.6Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h$25K$340K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h$102K$708K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h$2K$1.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h$2K$7K10xas long as short
HTX PEPE-USDT+0.0100%8h$453K$2.2M75xas long as short
Extended 1000PEPE-USD+0.0104%1h$455K$209K25xas long as short
Reya kPEPERUSDPERP+0.0188%1h$6K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0200%1h$574K$6.5M50xas long as short
BloFin PEPE-USDT+0.0220%8h$2.9M$10.7M75xas long as short
Hyperliquid kPEPE+0.0318%1h$48.4M$35.1M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0363% / S −0.0445%1h$47K100xas long as short
Aster 1000PEPEUSDTlong+0.0391%8h$1.3M$2.9M50x
Lighter 1000PEPE+0.0472%1h$774K$2.5M10xas long as short
Kraken Futures PF_PEPEUSD+0.0541%1h$2.8M$8.3M50xas long as short