PEPE

Alert

Funding spread now, next payment 19:00 UTC−0.0719%/8h

paid, last 24h−0.013%paid, last 3 days−0.148%to open and closeno order book

Long on Binance Short on gTrade (Gains Network)

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.148% in total (about -18.4% 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	0.000004950	0.0725	pay 0.0725% / 8h	5h 11m	$131.6M	$921.8M	75x
Short	gTrade (Gains Network) PEPE/USD	0.000004940	L +0.0006% / S −0.0006%	get 0.0001% / 1h	11m 10s	$15K	—	150x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee gTrade (Gains Network)bpOrdersRate

Funding earned: −$150.9
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$170.9
Break-even: never at this rate

Slippage unknown: Binance: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.206%
Avg gap 7d: —

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 Binance live order book, 4 min ago	0.10 bp	9.6 bp −$10	15.4 bp −$154	33.6 bp −$3,363	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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/USDshort	L +0.0006% / S −0.0006%	1h	$15K	—	150x
Pacifica kPEPE	+0.0100%	1h	$62K	$97K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$88.6M	$249.1M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$43.3M	$470.7M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$149.7M	$56.8M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$24.9M	$43.1M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$46.9M	$130.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$769K	$3.2M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$326K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
SunX 1000PEPE-USDT	+0.0100%	8h	$2K	$2.3M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$569K	$3.7M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0179% / S −0.0044%	1h	$56K	—	100x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.1M	$20.1M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0233%	8h	$30K	$9K	20x	as long as short
Nado kPEPE-PERP	+0.0383%	1h	$218K	$777K	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0512%	1h	$703K	$23.9M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0520%	1h	$2K	$8K	10x	as long as short
Phemex u1000PEPEUSDT	+0.0537%	8h	$2.4M	$6.0M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0540%	8h	$6K	$52	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0626%	1h	$93K	$756K	25x	as long as short
BingX 1000PEPE-USDT	+0.0683%	8h	—	$247.7M	—	as long as short
Aevo 1000PEPE-PERP	+0.0720%	1h	$141K	—	3x	as long as short
MEXC PEPE_USDT	+0.0724%	8h	$108.6M	$271.5M	300x	as long as short
Binance 1000PEPEUSDTlong	+0.0725%	8h	$131.6M	$921.8M	75x
Extended 1000PEPE-USD	+0.0728%	1h	$546K	$145K	25x	as long as short
Lighter 1000PEPE	+0.0808%	1h	$619K	$4.8M	10x	as long as short
Hyperliquid kPEPE	+0.0820%	1h	$55.3M	$58.2M	10x	as long as short
01 Exchange kPEPEUSD	+0.0856%	1h	$568	$2K	10x	as long as short
Aster 1000PEPEUSDT	+0.0873%	8h	$1.5M	$6.1M	50x	as long as short
Injective PEPE/USDC PERP	+0.0921%	1h	$5K	$67K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0964%	1h	$84K	$86K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.1099%	1h	$99K	$551K	15x	as long as short
Kraken Futures PF_PEPEUSD	+0.1104%	1h	$3.8M	$11.1M	50x	as long as short