PEPE

Alert

Funding spread now, next payment 19:00 UTC−0.0191%/8h

paid, last 24h+0.022%paid, last 5 days+0.052%to open and close $10k−$33

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.052% in total (about 3.7% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack kPEPE_USDC_PERP	0.000005016	0.1072	pay 0.0134% / 1h	14m 48s	$100K	$546K	15x
Short	Aster 1000PEPEUSDT	0.000005010	0.0881	get 0.0881% / 8h	5h 14m	$1.5M	$6.0M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee AsterbpOrdersRate

Funding earned: −$40.09
Slippage, 4 orders: −$14.75
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$72.85
Break-even: never at this rate

Slippage from Backpack: live order book, 20 min ago; Aster: live order book, 5 min ago.

Price risk

price view

Price gap now: −0.126%
Avg gap 7d: +0.064%

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, 20 min ago	0.10 bp	8.3 bp −$8	35.6 bp −$356	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	0.99 bp	5.0 bp −$5	7.4 bp −$74	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 −0.0009%	1h	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	$63K	$97K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$89.2M	$247.6M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$43.0M	$471.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$150.9M	$56.6M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$25.5M	$42.7M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$47.3M	$129.9M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$769K	$3.2M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$328K	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	$578K	$3.7M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0179% / S −0.0044%	1h	$57K	—	100x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$8K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$20.3M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0227%	8h	$31K	$9K	20x	as long as short
Nado kPEPE-PERP	+0.0343%	1h	$205K	$763K	10x	as long as short
Phemex u1000PEPEUSDT	+0.0438%	8h	$2.5M	$6.0M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0512%	1h	$662K	$24.1M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0535%	1h	$93K	$756K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0544%	8h	$6K	$52	20x	as long as short
SoDEX 1000PEPE-USD	+0.0548%	1h	$2K	$8K	10x	as long as short
BingX 1000PEPE-USDC	+0.0676%	8h	—	$2.3M	—	as long as short
MEXC PEPE_USDT	+0.0716%	8h	$111.1M	$270.7M	300x	as long as short
Binance 1000PEPEUSDT	+0.0719%	8h	$133.2M	$914.2M	75x	as long as short
Extended 1000PEPE-USD	+0.0720%	1h	$553K	$145K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0720%	1h	$142K	—	3x	as long as short
Hyperliquid kPEPE	+0.0821%	1h	$55.9M	$58.0M	10x	as long as short
01 Exchange kPEPEUSD	+0.0840%	1h	$575	$2K	10x	as long as short
Lighter 1000PEPE	+0.0864%	1h	$642K	$4.8M	10x	as long as short
Aster 1000PEPEUSDTshort	+0.0881%	8h	$1.5M	$6.0M	50x
Injective PEPE/USDC PERP	+0.0921%	1h	$5K	$67K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0948%	1h	$85K	$86K	25x	as long as short
Backpack kPEPE_USDC_PERPlong	+0.1072%	1h	$100K	$546K	15x
Kraken Futures PF_PEPEUSD	+0.1089%	1h	$3.8M	$10.8M	50x	as long as short