PEPE

Alert

Funding spread now, next payment 17:00 UTC+0.0807%/8h

paid, last 24h+0.102%paid, last 5 days+0.222%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.222% in total (about 17.4% 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	Deribit 1000PEPE_USDC-PERPETUAL	0.000004874	0	get 0.0000% / 1h	17m 24s	$83K	$96K	25x
Short	Aster 1000PEPEUSDT	0.000004870	0.0807	get 0.0807% / 8h	7h 17m	$1.3M	$5.2M	50x

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 DeribitbpFee AsterbpOrdersRate

Funding earned: $169.46
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: $154.46
Break-even: 0.6 days

Slippage unknown: Deribit: no order-book sample; Aster: live order book, 3 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.084%
Avg gap 7d: —

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 Deribit no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	1.13 bp	5.1 bp −$5	9.4 bp −$94	doesn't fit	doesn't fit

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-PERPETUALlong	0.0000%	1h	$83K	$96K	25x
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	$17K	—	150x	as long as short
BingX 1000PEPE-USDC	+0.0080%	8h	—	$2.3M	—	as long as short
Pacifica kPEPE	+0.0100%	1h	$59K	$76K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$87.7M	$221.6M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.3M	$426.1M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$139.3M	$50.6M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$21.0M	$36.0M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$39.5M	$107.7M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni 1000PEPE	+0.0100%	8h	$844K	$2.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$27K	$350K	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	$1K	$2.3M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$566K	$3.7M	75x	as long as short
Injective PEPE/USDC PERP	+0.0123%	1h	$39K	$59K	12x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$18.2M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0290% / S −0.0237%	1h	$47K	—	100x	as long as short
Aevo 1000PEPE-PERP	+0.0344%	1h	$138K	—	3x	as long as short
MEXC PEPE_USDT	+0.0359%	8h	$107.0M	$261.7M	300x	as long as short
Extended 1000PEPE-USD	+0.0360%	1h	$531K	$250K	25x	as long as short
Binance 1000PEPEUSDT	+0.0370%	8h	$127.8M	$825.2M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0440%	1h	$648K	$20.7M	50x	as long as short
Nado kPEPE-PERP	+0.0447%	1h	$219K	$731K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0455%	1h	$90K	$752K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0542%	8h	$5K	$52	20x	as long as short
SoDEX 1000PEPE-USD	+0.0677%	1h	$1K	$8K	10x	as long as short
Hyperliquid kPEPE	+0.0769%	1h	$55.9M	$52.7M	10x	as long as short
Aster 1000PEPEUSDTshort	+0.0807%	8h	$1.3M	$5.2M	50x
01 Exchange kPEPEUSD	+0.0896%	1h	$559	$2K	10x	as long as short
Lighter 1000PEPE	+0.1072%	1h	$628K	$4.6M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.1087%	1h	$98K	$489K	15x	as long as short
Phemex u1000PEPEUSDT	+0.1346%	8h	$2.4M	$5.9M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.2424%	1h	$3.4M	$10.1M	50x	as long as short