PEPE

Alert

Funding spread now, next payment 16:00 UTC−0.0340%/8h

paid, last 24h+0.013%paid, last 7 days+0.088%to open and close $10k−$55

Long on Coinbase International Short on HTX

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.088% in total (about 4.6% 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	0.000004935	0.0440	pay 0.0055% / 1h	39m 24s	$575K	$20.1M	50x
Short	HTX PEPE-USDT	0.000004906	0.0100	get 0.0100% / 8h	7h 39m	$598K	$3.5M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee HTXbpOrdersRate

Funding earned: −$71.4
Slippage, 4 orders: −$32.61
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$126.01
Break-even: never at this rate

Slippage from Coinbase International: live order book, 1 min ago; HTX: live order book, 1 min ago.

Price risk

price view

Price gap now: −0.586%
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 Coinbase International live order book, 1 min ago	4.07 bp	11.0 bp −$11	17.6 bp −$176	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	9.17 bp	16.9 bp −$17	22.6 bp −$226	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
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	$17K	—	150x	as long as short
BingX 1000PEPE-USDT	+0.0080%	8h	—	$214.2M	—	as long as short
Pacifica kPEPE	+0.0100%	1h	$60K	$73K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$88.0M	$217.2M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.3M	$423.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$139.1M	$49.2M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$21.1M	$35.6M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$39.8M	$105.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$888K	$2.7M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$346K	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0100%	8h	$30K	$8K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$2K	$2.3M	20x	as long as short
HTX PEPE-USDTshort	+0.0100%	8h	$598K	$3.5M	75x
Injective PEPE/USDC PERP	+0.0123%	1h	$40K	$59K	12x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.1M	$18.3M	75x	as long as short
MEXC PEPE_USDT	+0.0233%	8h	$107.5M	$255.5M	300x	as long as short
Binance 1000PEPEUSDT	+0.0239%	8h	$129.7M	$804.3M	75x	as long as short
Extended 1000PEPE-USD	+0.0240%	1h	$525K	$237K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0240%	1h	$139K	—	3x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0242%	1h	$93K	$752K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0291% / S −0.0237%	1h	$47K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTXlong	+0.0440%	1h	$575K	$20.1M	50x
Paradex kPEPE-USD-PERP	+0.0491%	8h	$5K	$52	20x	as long as short
Nado kPEPE-PERP	+0.0530%	1h	$233K	$714K	10x	as long as short
Aster 1000PEPEUSDT	+0.0760%	8h	$1.3M	$5.0M	50x	as long as short
Hyperliquid kPEPE	+0.0782%	1h	$56.7M	$52.2M	10x	as long as short
SoDEX 1000PEPE-USD	+0.0898%	1h	$1K	$8K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0911%	1h	$108K	$469K	15x	as long as short
01 Exchange kPEPEUSD	+0.1000%	1h	$562	$1K	10x	as long as short
Lighter 1000PEPE	+0.1152%	1h	$614K	$4.5M	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.1171%	1h	$84K	$96K	25x	as long as short
Phemex u1000PEPEUSDT	+0.2140%	8h	$2.5M	$5.9M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.2386%	1h	$3.5M	$10.2M	50x	as long as short