Funding spread now, next payment 17:00 UTC+0.0327%/8h
paid, last 24h−0.026%paid, last 5 days−0.064%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid -0.064% in total (about -5.0% 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 | Binance 1000PEPEUSDT | 0.000004937 | 0.0438 | pay 0.0438% / 8h | 7h 00m | $128.4M | $838.2M | 75x |
| Short | Deribit 1000PEPE_USDC-PERPETUAL | 0.000004933 | 0.0765 | get 0.0096% / 1h | 0m 33s | $84K | $96K | 25x |
Binance 1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUALFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $68.69
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $51.69
- Break-even
- 1.7 days
Slippage unknown: Binance: live order book, 15 min ago; Deribit: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.074%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 15 min ago | 0.71 bp | 7.6 bp −$8 | 15.2 bp −$152 | 28.9 bp −$2,892 | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 |
| Pacifica kPEPE | +0.0100% | 1h | $61K | $82K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | $88.9M | $223.1M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | $42.8M | $436.1M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | $141.7M | $51.9M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | $21.2M | $37.2M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | $46.4M | $114.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | $856K | $2.8M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | $28K | $351K | 20x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
SunX 1000PEPE-USDT
HTX PEPE-USDT
Orderly PERP_1000PEPE_USDC
Injective PEPE/USDC PERP
Reya kPEPERUSDPERP
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Nado kPEPE-PERP
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Coinbase International 1000PEPE-PERP-INTX
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
SoDEX 1000PEPE-USD
ApeX Omni 1000PEPEUSDT
Hyperliquid kPEPE
Aster 1000PEPEUSDT
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Kraken Futures PF_PEPEUSD