data as of
Settings8H · net · $10k
Funding arb /

PEPE

all PEPE markets
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Funding spread now, next payment 13:00 UTC+0.0466%/8h
paid, last 24h−0.046%paid, last 7 days−0.032%to open and close $10k−$37
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000PEPEUSDT0.0000042180.0100pay 0.0100% / 8h3h 30m$95.8M$408.7M75x
ShortKraken Futures PF_PEPEUSD0.0000042150.0566get 0.0071% / 1h30m 00s$2.5M$7.8M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$97.81
Slippage, 4 orders
−$16.67
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$61.14
Break-even
2.6 days
Slippage from Binance: live order book, 15 min ago; Kraken Futures: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.078%
Avg gap 7d
−0.032%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago0.12 bp5.5 bp −$610.7 bp −$10735.6 bp −$3,565doesn't fit
Sell Kraken Futures live order book, 5 min ago4.73 bp13.5 bp −$1325.9 bp −$25985.9 bp −$8,588doesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h$16K$90810xas long as short
Deribit 1000PEPE_USDC-PERPETUAL0.0000%1h$36K$58K25xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0002%1h$4K150xas long as short
Orderly PERP_1000PEPE_USDC+0.0033%8h$26K$2K20xas long as short
Phemex u1000PEPEUSDT+0.0087%8h$2.1M$5.0M50xas long as short
Paradex kPEPE-USD-PERP+0.0095%8h$5K$5220xas long as short
Lighter 1000PEPE+0.0096%1h$640K$1.5M10xas long as short
Aevo 1000PEPE-PERP+0.0096%1h$119K3xas long as short
Nado kPEPE-PERP+0.0100%1h$198K$323K10xas long as short
Hyperliquid kPEPE+0.0100%1h$47.1M$33.4M10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica kPEPE+0.0100%1h$52K$33K10xas long as short
Binance 1000PEPEUSDTlong+0.0100%8h$95.8M$408.7M75x
Bybit 1000PEPEUSDT+0.0100%8h$71.2M$100.8M50xas long as short
OKX PEPE-USDT-SWAP+0.0100%8h$30.8M$188.7M50xas long as short
Gate PEPE_USDT+0.0100%8h$111.6M$23.3M75xas long as short
MEXC PEPE_USDT+0.0100%8h$90.0M$193.7M300xas long as short
KuCoin PEPEUSDTM+0.0100%8h$19.3M$24.5M75xas long as short
Bitget PEPEUSDT+0.0100%8h$37.4M$63.0M75xas long as short
BingX 1000PEPE-USDT+0.0100%8h$115.0Mas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h$128K$170K15xas long as short
Variational Omni 1000PEPE+0.0100%8h$501K$1.6Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h$25K$347K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h$141K$684K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h$2K$1.3M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h$2K$10K10xas long as short
HTX PEPE-USDT+0.0100%8h$441K$2.1M75xas long as short
Extended 1000PEPE-USD+0.0104%1h$443K$217K25xas long as short
Injective PEPE/USDC PERP+0.0106%1h$16K$38K12xas long as short
01 Exchange kPEPEUSD+0.0120%1h$483$1K10xas long as short
Reya kPEPERUSDPERP+0.0188%1h$6K15xas long as short
BloFin PEPE-USDT+0.0220%8h$3.0M$9.4M75xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0240%1h$482K$6.2M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0289% / S −0.0262%1h$33K100xas long as short
Kraken Futures PF_PEPEUSDshort+0.0566%1h$2.5M$7.8M50x
Aster 1000PEPEUSDT+0.0594%8h$1.1M$2.4M50xas long as short