PEPE

Alert

Funding spread now, next payment 19:00 UTC−0.0674%/8h

paid, last 24h−0.038%paid, last 5 days−0.047%to open and close $10k−$25

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.047% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack kPEPE_USDC_PERP	0.000004996	0.0774	pay 0.0097% / 1h	29m 39s	$97K	$534K	15x
Short	edgeX 1000PEPEUSDC	0.000004989	0.0100	get 0.0050% / 4h	1h 29m	$28K	$327K	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee edgeXbpOrdersRate

Funding earned: −$141.47
Slippage, 4 orders: −$6.48
Fee Backpack: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$166.95
Break-even: never at this rate

Slippage from Backpack: live order book, 6 min ago; edgeX: live order book, 5 min ago.

Price risk

price view

Price gap now: −0.133%
Avg gap 7d: −0.023%

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, 6 min ago	0.10 bp	8.3 bp −$8	35.6 bp −$356	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	1.11 bp	5.7 bp −$6	42.2 bp −$422	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	$64K	$94K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$89.3M	$245.5M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$43.1M	$471.2M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$148.9M	$55.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$25.9M	$41.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$46.6M	$128.1M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$684K	$3.0M	—	as long as short
edgeX 1000PEPEUSDCshort	+0.0100%	4h	$28K	$327K	20x

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	$3.6M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0178% / S −0.0029%	1h	$65K	—	100x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$8K	—	15x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0208%	8h	$30K	$9K	20x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$20.2M	75x	as long as short
Nado kPEPE-PERP	+0.0301%	1h	$202K	$764K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0345%	1h	$92K	$754K	25x	as long as short
Phemex u1000PEPEUSDT	+0.0422%	8h	$2.5M	$6.0M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0461%	1h	$2K	$8K	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0493%	8h	$6K	$52	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0512%	1h	$684K	$23.8M	50x	as long as short
BingX 1000PEPE-USDC	+0.0623%	8h	—	$2.3M	—	as long as short
Aevo 1000PEPE-PERP	+0.0656%	1h	$142K	—	3x	as long as short
MEXC PEPE_USDT	+0.0671%	8h	$111.3M	$268.5M	300x	as long as short
Extended 1000PEPE-USD	+0.0672%	1h	$550K	$124K	25x	as long as short
Binance 1000PEPEUSDT	+0.0678%	8h	$131.6M	$905.3M	75x	as long as short
Hyperliquid kPEPE	+0.0725%	1h	$55.9M	$58.0M	10x	as long as short
01 Exchange kPEPEUSD	+0.0728%	1h	$577	$2K	10x	as long as short
Backpack kPEPE_USDC_PERPlong	+0.0774%	1h	$97K	$534K	15x
Lighter 1000PEPE	+0.0792%	1h	$629K	$4.7M	10x	as long as short
Aster 1000PEPEUSDT	+0.0849%	8h	$1.4M	$5.7M	50x	as long as short
Injective PEPE/USDC PERP	+0.0921%	1h	$5K	$67K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0953%	1h	$85K	$86K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.1094%	1h	$3.6M	$10.5M	50x	as long as short