PEPE

Alert

Funding spread now, next payment 16:00 UTC−0.1349%/8h

paid, last 24h−0.003%paid, last 5 days−0.007%to open and close $10k−$159

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.007% in total (about -0.5% 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	0.000004827	0.1449	pay 0.0181% / 1h	47m 41s	$125K	$307K	15x
Short	SunX 1000PEPE-USDT	0.000004831	0.0100	get 0.0100% / 8h	47m 41s	$1K	$1.8M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee SunXbpOrdersRate

Funding earned: −$283.35
Slippage, 4 orders: −$139.48
Fee Backpack: 5 bp × 2 orders: −$10
Fee SunX: 5 bp × 2 orders: −$10
Net: −$442.83
Break-even: never at this rate

Slippage from Backpack: live order book, 2 min ago; SunX: live order book, 4 min ago.

Price risk

price view

Price gap now: +0.091%
Avg gap 7d: +0.176%

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, 2 min ago	1.35 bp	24.5 bp −$25	44.4 bp −$444	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	29.17 bp	79.7 bp −$80	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
ApeX Omni 1000PEPEUSDT	−0.1814%	1h	$116K	$733K	25x	as long as short
dYdX PEPE-USD	0.0000%	1h	$18K	$95	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	0.0000%	1h	$52K	$67K	25x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0004%	1h	$19K	—	150x	as long as short
Aevo 1000PEPE-PERP	+0.0096%	1h	$136K	—	3x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0098%	8h	$30K	$5K	20x	as long as short
Pacifica kPEPE	+0.0100%	1h	$56K	$47K	10x	as long as short
Binance 1000PEPEUSDT	+0.0100%	8h	$121.7M	$616.4M	75x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$82.8M	$162.8M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$37.1M	$319.8M	50x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate PEPE_USDT	+0.0100%	8h	$121.1M	$36.5M	75x	as long as short
MEXC PEPE_USDT	+0.0100%	8h	$105.0M	$227.9M	300x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$20.1M	$28.7M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$40.7M	$80.8M	75x	as long as short
BingX 1000PEPE-USDC	+0.0100%	8h	—	$2.3M	—	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$726K	$1.9M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$27K	$329K	20x	as long as short
SunX 1000PEPE-USDTshort	+0.0100%	8h	$1K	$1.8M	20x
HTX PEPE-USDT	+0.0100%	8h	$554K	$2.6M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	$2.4M	$5.4M	50x	as long as short
Extended 1000PEPE-USD	+0.0104%	1h	$512K	$221K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0164%	8h	$5K	$52	20x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$3.5M	$15.1M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0272%	1h	$615K	$12.7M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0272% / S −0.0213%	1h	$41K	—	100x	as long as short
Aster 1000PEPEUSDT	+0.0460%	8h	$1.3M	$3.6M	50x	as long as short
Injective PEPE/USDC PERP	+0.0474%	1h	$41K	$69K	12x	as long as short
Nado kPEPE-PERP	+0.0493%	1h	$211K	$529K	10x	as long as short
SoDEX 1000PEPE-USD	+0.0633%	1h	$1K	$8K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0913%	1h	$3.2M	$9.0M	50x	as long as short
Lighter 1000PEPE	+0.0968%	1h	$737K	$4.0M	10x	as long as short
Hyperliquid kPEPE	+0.0986%	1h	$56.8M	$43.3M	10x	as long as short
01 Exchange kPEPEUSD	+0.1008%	1h	$552	$1K	10x	as long as short
Backpack kPEPE_USDC_PERPlong	+0.1449%	1h	$125K	$307K	15x