PEPE

Alert

Funding spread now, next payment 18:00 UTC−0.1238%/8h

paid, last 24h+0.015%paid, last 4 days−0.064%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 4 days it paid -0.064% in total (about -6.4% 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	0.000004974	0.0569	pay 0.0569% / 8h	6h 16m	$129.4M	$862.7M	75x
Short	Injective PEPE/USDC PERP	0.000004996	−0.0669	pay 0.0084% / 1h	16m 43s	$5K	$67K	12x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee InjectivebpOrdersRate

Funding earned: −$259.96
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$269.98
Break-even: never at this rate

Slippage unknown: Binance: live order book, 14 min ago; Injective: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.434%
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, 14 min ago	0.10 bp	7.5 bp −$7	12.6 bp −$126	32.0 bp −$3,202	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Injective PEPE/USDC PERPshort	−0.0669%	1h	$5K	$67K	12x
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	$63K	$85K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$88.8M	$232.9M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.8M	$451.7M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$145.1M	$53.6M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$22.2M	$38.3M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$46.4M	$120.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$773K	$2.9M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$338K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	$92K	$752K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$1K	$2.3M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$588K	$3.6M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0164%	8h	$31K	$8K	20x	as long as short
Nado kPEPE-PERP	+0.0167%	1h	$205K	$752K	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0182% / S −0.0027%	1h	$60K	—	100x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$8K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.1M	$19.4M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0297%	1h	$2K	$8K	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0466%	8h	$6K	$52	20x	as long as short
Phemex u1000PEPEUSDT	+0.0509%	8h	$2.5M	$5.9M	50x	as long as short
BingX 1000PEPE-USDC	+0.0524%	8h	—	$2.3M	—	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0528%	1h	$671K	$23.0M	50x	as long as short
Extended 1000PEPE-USD	+0.0560%	1h	$549K	$282K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0560%	1h	$141K	—	3x	as long as short
MEXC PEPE_USDT	+0.0562%	8h	$131.3M	$261.4M	300x	as long as short
Binance 1000PEPEUSDTlong	+0.0569%	8h	$129.4M	$862.7M	75x
Hyperliquid kPEPE	+0.0579%	1h	$57.0M	$54.3M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0724%	1h	$103K	$519K	15x	as long as short
01 Exchange kPEPEUSD	+0.0736%	1h	$571	$2K	10x	as long as short
Lighter 1000PEPE	+0.0800%	1h	$614K	$4.6M	10x	as long as short
Aster 1000PEPEUSDT	+0.0850%	8h	$1.4M	$5.4M	50x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.1159%	1h	$84K	$96K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.1790%	1h	$3.6M	$9.9M	50x	as long as short