Funding spread now, next payment 15:00 UTC+0.0340%/8h
next payment, per $10,000+$0.43paid, last 24h+0.048%paid, last 5 days+0.133%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 0.133% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.43 per $10,000. 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 | 0.000004783 | 0 | get 0.0000% / 1h | 0m 02s | $51K | $75K | 25x |
| Short | Backpack kPEPE_USDC_PERP | 0.000004783 | 0.0340 | get 0.0043% / 1h | 0m 02s | $133K | $224K | 15x |
Deribit 1000PEPE_USDC-PERPETUAL
Backpack kPEPE_USDC_PERPFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $71.41
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $54.41
- Break-even
- 1.7 days
Slippage unknown: Deribit: no order-book sample; Backpack: live order book, 55 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.002%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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 Backpack live order book, 55 min ago | 0.12 bp | 6.1 bp −$6 | 20.5 bp −$205 | 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 | |
|---|---|---|---|---|---|---|
| Injective PEPE/USDC PERP | −0.0104% | 1h | $41K | $39K | 12x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | $18K | — | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUALlong | 0.0000% | 1h | $51K | $75K | 25x | |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0004% | 1h | $19K | — | 150x | as long as short |
| Phemex u1000PEPEUSDT | +0.0044% | 8h | $2.4M | $5.3M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0074% | 8h | $29K | $4K | 20x | as long as short |
| Aevo 1000PEPE-PERP | +0.0096% | 1h | $135K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0100% | 1h | $234K | $472K | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | $57K | $37K | 10x | as long as short |
| Binance 1000PEPEUSDT | +0.0100% | 8h | $110.3M | $538.4M | 75x | as long as short |
Injective PEPE/USDC PERP
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Phemex u1000PEPEUSDT
Orderly PERP_1000PEPE_USDC
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
Pacifica kPEPE
Binance 1000PEPEUSDT
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Gate PEPE_USDT
MEXC PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
BingX 1000PEPE-USDC
Variational Omni 1000PEPE
ApeX Omni 1000PEPEUSDT
SunX 1000PEPE-USDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Extended 1000PEPE-USD
Paradex kPEPE-USD-PERP
Reya kPEPERUSDPERP
Coinbase International 1000PEPE-PERP-INTX
BloFin PEPE-USDT
Aster 1000PEPEUSDT
Hyperliquid kPEPE
Kraken Futures PF_PEPEUSD
GMX PEPE/USD [ETH-USDC]
Lighter 1000PEPE