PEPE

Alert

Funding spread now, next payment 16:00 UTC−0.0317%/8h

paid, last 24h+0.013%paid, last 7 days+0.083%to open and close $10k−$41

Long on Coinbase International Short on BingX

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% 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	Coinbase International 1000PEPE-PERP-INTX	0.000005063	0.0440	pay 0.0055% / 1h	53m 40s	$571K	$18.7M	50x
Short	BingX 1000PEPE-USDT	0.000005063	0.0123	get 0.0123% / 8h	7h 53m	—	$201.8M	—

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee BingXbpOrdersRate

Funding earned: −$66.57
Slippage, 4 orders: −$21.38
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$107.95
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; BingX: live order book, 7 min ago.

Price risk

price view

Price gap now: −0.006%
Avg gap 7d: −0.013%

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 Coinbase International live order book, 2 min ago	3.95 bp	14.3 bp −$14	19.3 bp −$193	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	0.29 bp	6.2 bp −$6	7.2 bp −$72	8.1 bp −$806	15.5 bp −$7,755

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	$19K	$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	$62K	$68K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$90.4M	$209.3M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$43.3M	$423.4M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$141.9M	$47.3M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$22.3M	$33.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$40.7M	$100.6M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$964K	$2.6M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$29K	$342K	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	$659K	$3.3M	75x	as long as short
Aevo 1000PEPE-PERP	+0.0120%	1h	$143K	—	3x	as long as short
BingX 1000PEPE-USDTshort	+0.0123%	8h	—	$201.8M	—
Injective PEPE/USDC PERP	+0.0123%	1h	$41K	$58K	12x	as long as short
Extended 1000PEPE-USD	+0.0144%	1h	$540K	$236K	25x	as long as short
MEXC PEPE_USDT	+0.0145%	8h	$116.1M	$248.4M	300x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0146%	1h	$82K	$95K	25x	as long as short
Binance 1000PEPEUSDT	+0.0152%	8h	$132.2M	$768.9M	75x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$8K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$18.4M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0286% / S −0.0199%	1h	$49K	—	100x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0324%	1h	$95K	$750K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTXlong	+0.0440%	1h	$571K	$18.7M	50x
Paradex kPEPE-USD-PERP	+0.0450%	8h	$6K	$52	20x	as long as short
Nado kPEPE-PERP	+0.0574%	1h	$234K	$695K	10x	as long as short
SoDEX 1000PEPE-USD	+0.0599%	1h	$1K	$8K	10x	as long as short
Aster 1000PEPEUSDT	+0.0734%	8h	$1.3M	$4.6M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0935%	1h	$161K	$428K	15x	as long as short
Hyperliquid kPEPE	+0.0956%	1h	$58.9M	$51.3M	10x	as long as short
Lighter 1000PEPE	+0.0968%	1h	$645K	$4.4M	10x	as long as short
01 Exchange kPEPEUSD	+0.1176%	1h	$579	$1K	10x	as long as short
Phemex u1000PEPEUSDT	+0.1798%	8h	$2.6M	$5.8M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.2327%	1h	$3.5M	$10.0M	50x	as long as short