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

PEPE

all PEPE markets
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Funding spread now, next payment 17:00 UTC−0.0606%/8h
paid, last 24h+0.027%paid, last 3 days+0.026%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.026% in total (about 3.3% 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 1000PEPEUSDT0.0000049500.0847pay 0.0847% / 8h7h 04m$1.4M$5.3M50x
ShortGMX PEPE/USD [ETH-USDC]0.000004000L +0.0295% / S −0.0242%get 0.0030% / 1h4m 14s$48K100x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$127.22
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$147.22
Break-even
never at this rate
Slippage unknown: Aster: live order book, 6 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−19.187%
Avg gap 7d
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, 6 min ago2.53 bp10.1 bp −$1014.2 bp −$142doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PEPE on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h$17K150xas long as short
Pacifica kPEPE+0.0100%1h$62K$82K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h$89.2M$223.1M50xas long as short
OKX PEPE-USDT-SWAP+0.0100%8h$42.9M$436.2M50xas long as short
Gate PEPE_USDT+0.0100%8h$142.1M$51.7M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h$21.5M$36.9M75xas long as short
Bitget PEPEUSDT+0.0100%8h$46.4M$114.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h$829K$2.8Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h$28K$350K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h$1K$2.3M20xas long as short
HTX PEPE-USDT+0.0100%8h$580K$3.7M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0107%8h$31K$8K20xas long as short
Injective PEPE/USDC PERP+0.0123%1h$40K$59K12xas long as short
Reya kPEPERUSDPERP+0.0188%1h$7K15xas long as short
BloFin PEPE-USDT+0.0220%8h$4.0M$18.7M75xas long as short
GMX PEPE/USD [ETH-USDC]shortL +0.0295% / S −0.0242%1h$48K100x
Nado kPEPE-PERP+0.0351%1h$226K$732K10xas long as short
BingX 1000PEPE-USDT+0.0389%8h$234.5Mas long as short
Phemex u1000PEPEUSDT+0.0395%8h$2.5M$6.0M50xas long as short
Aevo 1000PEPE-PERP+0.0416%1h$142K3xas long as short
MEXC PEPE_USDT+0.0417%8h$117.1M$265.3M300xas long as short
Extended 1000PEPE-USD+0.0424%1h$538K$253K25xas long as short
Binance 1000PEPEUSDT+0.0427%8h$128.8M$837.1M75xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0440%1h$635K$21.9M50xas long as short
Paradex kPEPE-USD-PERP+0.0520%8h$6K$5220xas long as short
ApeX Omni 1000PEPEUSDT+0.0552%1h$91K$752K25xas long as short
SoDEX 1000PEPE-USD+0.0582%1h$1K$8K10xas long as short
Hyperliquid kPEPE+0.0751%1h$56.9M$52.8M10xas long as short
Aster 1000PEPEUSDTlong+0.0847%8h$1.4M$5.3M50x
01 Exchange kPEPEUSD+0.0888%1h$567$2K10xas long as short
Lighter 1000PEPE+0.1112%1h$632K$4.7M10xas long as short
Backpack kPEPE_USDC_PERP+0.1135%1h$97K$495K15xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.1166%1h$84K$96K25xas long as short
Kraken Futures PF_PEPEUSD+0.2376%1h$3.5M$10.0M50xas long as short