PEPE

Alert

Funding spread now, next payment 17:00 UTC−0.0809%/8h

paid, last 24h−0.020%paid, last 5 days−0.025%to open and close $10k−$68

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.025% in total (about -1.8% 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	0.000004950	0.0909	pay 0.0114% / 1h	48m 50s	$105K	$455K	15x
Short	HTX PEPE-USDT	0.000004970	0.0100	get 0.0100% / 8h	7h 48m	$644K	$3.4M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee HTXbpOrdersRate

Funding earned: −$169.86
Slippage, 4 orders: −$46.35
Fee Backpack: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$238.21
Break-even: never at this rate

Slippage from Backpack: live order book, 61 min ago; HTX: live order book, 2 min ago.

Price risk

price view

Price gap now: +0.412%
Avg gap 7d: +0.022%

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, 61 min ago	1.35 bp	24.5 bp −$25	44.4 bp −$444	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	12.42 bp	18.5 bp −$18	30.7 bp −$307	93.9 bp −$9,386	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 +0.0005% / S −0.0005%	1h	$17K	—	150x	as long as short
BingX 1000PEPE-USDT	+0.0080%	8h	—	$204.7M	—	as long as short
Pacifica kPEPE	+0.0100%	1h	$60K	$73K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$88.7M	$213.7M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.6M	$422.2M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$138.8M	$48.4M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$21.6M	$34.6M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$40.0M	$103.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$932K	$2.6M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	$29K	$343K	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0100%	8h	$30K	$8K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$2K	$2.3M	20x	as long as short
HTX PEPE-USDTshort	+0.0100%	8h	$644K	$3.4M	75x
Injective PEPE/USDC PERP	+0.0123%	1h	$40K	$58K	12x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0152%	1h	$95K	$751K	25x	as long as short
MEXC PEPE_USDT	+0.0172%	8h	$109.4M	$252.4M	300x	as long as short
Extended 1000PEPE-USD	+0.0176%	1h	$529K	$236K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0176%	1h	$140K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0178%	8h	$130.8M	$788.2M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0186% / S −0.0049%	1h	$57K	—	100x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.1M	$18.2M	75x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0356%	1h	$81K	$95K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0440%	1h	$628K	$19.2M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0458%	8h	$6K	$52	20x	as long as short
Nado kPEPE-PERP	+0.0597%	1h	$236K	$710K	10x	as long as short
Aster 1000PEPEUSDT	+0.0739%	8h	$1.3M	$4.7M	50x	as long as short
Hyperliquid kPEPE	+0.0881%	1h	$57.7M	$52.0M	10x	as long as short
Backpack kPEPE_USDC_PERPlong	+0.0909%	1h	$105K	$455K	15x
SoDEX 1000PEPE-USD	+0.0951%	1h	$1K	$8K	10x	as long as short
01 Exchange kPEPEUSD	+0.1120%	1h	$569	$1K	10x	as long as short
Lighter 1000PEPE	+0.1200%	1h	$615K	$4.5M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.2376%	1h	$3.4M	$10.2M	50x	as long as short
Phemex u1000PEPEUSDT	+0.3796%	8h	$2.5M	$5.9M	50x	as long as short