PEPE

Alert

Funding spread now, next payment 17:00 UTC+0.1185%/8h

paid, last 24h+0.025%paid, last 7 days+0.033%to open and close $10k−$34

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.033% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX 1000PEPE-USDT	0.000004983	0.0119	pay 0.0119% / 8h	7h 51m	—	$204.6M	—
Short	Lighter 1000PEPE	0.000005004	0.1304	get 0.0163% / 1h	51m 15s	$618K	$4.5M	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee LighterbpOrdersRate

Funding earned: $248.85
Slippage, 4 orders: −$24.11
Fee BingX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $214.74
Break-even: 1.0 days

Slippage from BingX: live order book, 9 min ago; Lighter: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.423%
Avg gap 7d: +0.019%

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 BingX live order book, 9 min ago	0.29 bp	6.2 bp −$6	8.0 bp −$80	12.4 bp −$1,241	34.7 bp −$17.4K
Sell Lighter live order book, 3 min ago	5.92 bp	14.2 bp −$14	27.2 bp −$272	53.7 bp −$5,370	doesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate PEPE_USDT	−0.0023%	8h	$139.4M	$47.9M	75x	as long as short
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	$60K	$68K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$89.4M	$212.5M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.9M	$420.9M	50x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$22.0M	$34.4M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$39.9M	$101.9M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$964K	$2.6M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$29K	$343K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_1000PEPE_USDC	+0.0100%	8h	$31K	$8K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$2K	$2.2M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$649K	$3.3M	75x	as long as short
BingX 1000PEPE-USDTlong	+0.0119%	8h	—	$204.6M	—
Injective PEPE/USDC PERP	+0.0123%	1h	$40K	$58K	12x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0152%	1h	$95K	$751K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0160%	1h	$141K	—	3x	as long as short
MEXC PEPE_USDT	+0.0165%	8h	$112.9M	$249.8M	300x	as long as short
Binance 1000PEPEUSDT	+0.0173%	8h	$130.0M	$780.7M	75x	as long as short
Extended 1000PEPE-USD	+0.0176%	1h	$531K	$236K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0187% / S −0.0057%	1h	$56K	—	100x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$8K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$18.3M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0440%	1h	$571K	$19.2M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0446%	8h	$6K	$52	20x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0554%	1h	$81K	$95K	25x	as long as short
Nado kPEPE-PERP	+0.0686%	1h	$237K	$704K	10x	as long as short
Aster 1000PEPEUSDT	+0.0736%	8h	$1.3M	$4.7M	50x	as long as short
Hyperliquid kPEPE	+0.0877%	1h	$57.7M	$51.7M	10x	as long as short
SoDEX 1000PEPE-USD	+0.0968%	1h	$1K	$8K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.1048%	1h	$161K	$428K	15x	as long as short
01 Exchange kPEPEUSD	+0.1184%	1h	$570	$1K	10x	as long as short
Lighter 1000PEPEshort	+0.1304%	1h	$618K	$4.5M	10x
Kraken Futures PF_PEPEUSD	+0.2354%	1h	$3.4M	$10.1M	50x	as long as short
Phemex u1000PEPEUSDT	+0.4808%	8h	$2.5M	$5.8M	50x	as long as short