PEPE

Alert

Funding spread now, next payment 19:00 UTC+0.0354%/8h

next payment, per $10,000+$0.44paid, last 24h−0.047%paid, last 5 days−0.089%to open and close $10k−$1,599

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.089% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.44 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	Backpack kPEPE_USDC_PERP	0.000004952	0.0278	pay 0.0035% / 1h	42m 09s	$97K	$531K	15x
Short	Aevo 1000PEPE-PERP	0.000004948	0.0632	get 0.0079% / 1h	42m 09s	$140K	—	3x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee AevobpOrdersRate

Funding earned: $74.38
Slippage, 4 orders: −$1,572.96
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$1,524.57
Break-even: 150.5 days

Slippage from Backpack: live order book, 58 min ago; Aevo: live order book, 58 min ago.

Price risk

price view

Price gap now: −0.073%
Avg gap 7d: −0.009%

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 Backpack live order book, 58 min ago	0.10 bp	8.1 bp −$8	31.8 bp −$318	doesn't fit	doesn't fit
Sell Aevo live order book, 58 min ago	301.38 bp	768.8 bp −$769	doesn't fit	doesn't fit	doesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX PEPE-USD	0.0000%	1h	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	$18K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	$63K	$89K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$88.1M	$243.1M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.4M	$460.2M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$146.6M	$54.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$22.8M	$39.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$47.2M	$124.9M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$704K	$3.1M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$27K	$327K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
SunX 1000PEPE-USDT	+0.0100%	8h	$1K	$2.3M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$576K	$3.6M	75x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0195%	8h	$30K	$9K	20x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$19.8M	75x	as long as short
Nado kPEPE-PERP	+0.0265%	1h	$199K	$752K	10x	as long as short
SoDEX 1000PEPE-USD	+0.0274%	1h	$1K	$8K	10x	as long as short
Backpack kPEPE_USDC_PERPlong	+0.0278%	1h	$97K	$531K	15x
GMX PEPE/USD [ETH-USDC]	L +0.0296% / S −0.0307%	1h	$47K	—	100x	as long as short
Phemex u1000PEPEUSDT	+0.0347%	8h	$2.5M	$6.0M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0459%	8h	$6K	$52	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0512%	1h	$651K	$23.5M	50x	as long as short
Hyperliquid kPEPE	+0.0558%	1h	$55.1M	$56.9M	10x	as long as short
BingX 1000PEPE-USDC	+0.0588%	8h	—	$2.3M	—	as long as short
ApeX Omni 1000PEPEUSDT	+0.0602%	1h	$91K	$751K	25x	as long as short
MEXC PEPE_USDT	+0.0631%	8h	$123.9M	$264.7M	300x	as long as short
Aevo 1000PEPE-PERPshort	+0.0632%	1h	$140K	—	3x
Binance 1000PEPEUSDT	+0.0637%	8h	$128.8M	$889.1M	75x	as long as short
Extended 1000PEPE-USD	+0.0640%	1h	$544K	$127K	25x	as long as short
01 Exchange kPEPEUSD	+0.0688%	1h	$567	$2K	10x	as long as short
Lighter 1000PEPE	+0.0776%	1h	$598K	$4.6M	10x	as long as short
Aster 1000PEPEUSDT	+0.0831%	8h	$1.3M	$5.6M	50x	as long as short
Injective PEPE/USDC PERP	+0.0921%	1h	$5K	$67K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0964%	1h	$84K	$86K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.1103%	1h	$3.6M	$10.3M	50x	as long as short