PEPE

Alert

Funding spread now, next payment 16:00 UTC+0.1319%/8h

paid, last 24h+0.003%paid, last 5 days+0.097%to open and close $10k−$55

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.097% in total (about 7.1% 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	Bitget PEPEUSDT	0.000004997	0.0100	pay 0.0100% / 8h	16m 56s	$41.7M	$92.3M	75x
Short	Backpack kPEPE_USDC_PERP	0.000005004	0.1419	get 0.0177% / 1h	16m 56s	$131K	$393K	15x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BackpackbpOrdersRate

Funding earned: $276.9
Slippage, 4 orders: −$32.68
Fee Bitget: 6 bp × 2 orders: −$12
Fee Backpack: 5 bp × 2 orders: −$10
Net: $222.22
Break-even: 1.4 days

Slippage from Bitget: live order book, 4 min ago; Backpack: live order book, 33 min ago.

Price risk

price view

Price gap now: +0.138%
Avg gap 7d: −0.021%

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 Bitget live order book, 4 min ago	3.78 bp	10.8 bp −$11	15.0 bp −$150	28.3 bp −$2,828	doesn't fit
Sell Backpack live order book, 33 min ago	1.35 bp	7.0 bp −$7	21.7 bp −$217	doesn't fit	doesn't fit

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
Deribit 1000PEPE_USDC-PERPETUAL	0.0000%	1h	$77K	$91K	25x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0004%	1h	$20K	—	150x	as long as short
Aevo 1000PEPE-PERP	+0.0096%	1h	$141K	—	3x	as long as short
Pacifica kPEPE	+0.0100%	1h	$59K	$56K	10x	as long as short
Binance 1000PEPEUSDT	+0.0100%	8h	$130.7M	$696.9M	75x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$87.1M	$190.0M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$43.6M	$380.1M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$134.8M	$44.4M	75x	as long as short
MEXC PEPE_USDT	+0.0100%	8h	$111.9M	$240.2M	300x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin PEPEUSDTM	+0.0100%	8h	$21.4M	$31.6M	75x	as long as short
Bitget PEPEUSDTlong	+0.0100%	8h	$41.7M	$92.3M	75x
BingX 1000PEPE-USDT	+0.0100%	8h	—	$189.0M	—	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$841K	$2.5M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$336K	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0100%	8h	$31K	$6K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$1K	$2.1M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$588K	$2.8M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	$2.5M	$5.7M	50x	as long as short
Extended 1000PEPE-USD	+0.0104%	1h	$533K	$235K	25x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$8K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$3.6M	$17.1M	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0270%	1h	$111K	$738K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0272%	1h	$695K	$16.1M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0276% / S −0.0258%	1h	$39K	—	100x	as long as short
Nado kPEPE-PERP	+0.0351%	1h	$244K	$608K	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0362%	8h	$6K	$52	20x	as long as short
Injective PEPE/USDC PERP	+0.0474%	1h	$40K	$73K	12x	as long as short
Aster 1000PEPEUSDT	+0.0633%	8h	$1.3M	$4.2M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0882%	1h	$3.3M	$9.1M	50x	as long as short
SoDEX 1000PEPE-USD	+0.1190%	1h	$1K	$8K	10x	as long as short
01 Exchange kPEPEUSD	+0.1248%	1h	$576	$1K	10x	as long as short
Hyperliquid kPEPE	+0.1323%	1h	$58.1M	$48.8M	10x	as long as short
Backpack kPEPE_USDC_PERPshort	+0.1419%	1h	$131K	$393K	15x
Lighter 1000PEPE	+0.1432%	1h	$664K	$4.4M	10x	as long as short