PEPE

Alert

Funding spread now, next payment 16:00 UTC−0.0415%/8h

next payment, per $10,000−$4.15paid, last 24h−0.038%paid, last 7 days−0.165%to open and close $10k−$31

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.165% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster 1000PEPEUSDT	0.000004316	0.0515	pay 0.0515% / 8h	2h 37m	$1.2M	$2.8M	50x
Short	Bybit 1000PEPEUSDT	0.000004314	0.0100	get 0.0100% / 8h	2h 37m	$72.8M	$104.9M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BybitbpOrdersRate

Funding earned: −$87.22
Slippage, 4 orders: −$11.61
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$117.83
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Bybit: live order book, 3 min ago.

Price risk

price view

Price gap now: −0.038%
Avg gap 7d: −0.107%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 2 min ago	0.12 bp	10.2 bp −$10	16.1 bp −$161	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.16 bp	7.0 bp −$7	11.7 bp −$117	34.5 bp −$3,452	doesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phemex u1000PEPEUSDT	−0.0018%	8h	$2.1M	$5.1M	50x	as long as short
dYdX PEPE-USD	0.0000%	1h	$17K	$908	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	0.0000%	1h	$36K	$58K	25x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0002%	1h	$5K	—	150x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0046%	8h	$26K	$3K	20x	as long as short
Paradex kPEPE-USD-PERP	+0.0093%	8h	$5K	$52	20x	as long as short
Lighter 1000PEPE	+0.0096%	1h	$651K	$1.5M	10x	as long as short
Aevo 1000PEPE-PERP	+0.0096%	1h	$122K	—	3x	as long as short
Nado kPEPE-PERP	+0.0100%	1h	$197K	$386K	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	$53K	$34K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance 1000PEPEUSDT	+0.0100%	8h	$97.9M	$428.5M	75x	as long as short
Bybit 1000PEPEUSDTshort	+0.0100%	8h	$72.8M	$104.9M	50x
OKX PEPE-USDT-SWAP	+0.0100%	8h	$31.1M	$200.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$112.3M	$23.8M	75x	as long as short
MEXC PEPE_USDT	+0.0100%	8h	$90.5M	$196.8M	300x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$19.2M	$25.0M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$38.9M	$64.3M	75x	as long as short
BingX 1000PEPE-USDT	+0.0100%	8h	—	$115.8M	—	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$514K	$1.6M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$25K	$341K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	$143K	$683K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$1K	$1.3M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	$2K	$7K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$455K	$2.1M	75x	as long as short
Extended 1000PEPE-USD	+0.0104%	1h	$455K	$209K	25x	as long as short
01 Exchange kPEPEUSD	+0.0136%	1h	$494	$1K	10x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0200%	1h	$543K	$6.3M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0220%	1h	$2.9M	$8.3M	50x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$3.0M	$10.2M	75x	as long as short
Hyperliquid kPEPE	+0.0251%	1h	$48.5M	$34.3M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0292% / S −0.0267%	1h	$34K	—	100x	as long as short
Injective PEPE/USDC PERP	+0.0366%	1h	$17K	$39K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0410%	1h	$122K	$182K	15x	as long as short
Aster 1000PEPEUSDTlong	+0.0515%	8h	$1.2M	$2.8M	50x