PEPE

Alert

Funding spread now, next payment 00:00 UTC+0.2714%/8h

next payment, per $10,000+$27.14paid, last 24h+0.016%paid, last 7 days−0.019%to open and close $10k−$80

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$27.14 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	Gate PEPE_USDT	0.000005039	−0.0172	get 0.0172% / 8h	7h 52m	$141.9M	$47.6M	75x
Short	Phemex u1000PEPEUSDT	0.000005055	0.2542	get 0.2542% / 8h	7h 52m	$2.5M	$5.8M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee PhemexbpOrdersRate

Funding earned: $570.04
Slippage, 4 orders: −$52.8
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Phemex: 6 bp × 2 orders: −$12
Net: $490.24
Break-even: 1.0 days

Slippage from Gate: live order book, 3 min ago; Phemex: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.314%
Avg gap 7d: +0.056%

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 Gate live order book, 3 min ago	3.94 bp	11.4 bp −$11	19.6 bp −$196	doesn't fit	doesn't fit
Sell Phemex live order book, 3 min ago	18.04 bp	24.8 bp −$25	42.5 bp −$425	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
Gate PEPE_USDTlong	−0.0172%	8h	$141.9M	$47.6M	75x
dYdX PEPE-USD	0.0000%	1h	$19K	$95	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	0.0000%	1h	$82K	$95K	25x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	$18K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	$62K	$68K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$89.9M	$210.4M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$43.7M	$421.4M	50x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$22.1M	$34.2M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$40.6M	$101.2M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$964K	$2.6M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	$29K	$342K	20x	as long as short
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	$660K	$3.3M	75x	as long as short
BingX 1000PEPE-USDC	+0.0112%	8h	—	$2.3M	—	as long as short
Injective PEPE/USDC PERP	+0.0123%	1h	$41K	$58K	12x	as long as short
Aevo 1000PEPE-PERP	+0.0144%	1h	$143K	—	3x	as long as short
MEXC PEPE_USDT	+0.0151%	8h	$114.6M	$248.9M	300x	as long as short
Binance 1000PEPEUSDT	+0.0166%	8h	$131.4M	$773.8M	75x	as long as short
Extended 1000PEPE-USD	+0.0168%	1h	$540K	$236K	25x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$8K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.1M	$18.7M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0294% / S −0.0213%	1h	$51K	—	100x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0360%	1h	$94K	$750K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0440%	1h	$675K	$18.9M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0450%	8h	$6K	$52	20x	as long as short
Nado kPEPE-PERP	+0.0493%	1h	$243K	$702K	10x	as long as short
Aster 1000PEPEUSDT	+0.0754%	8h	$1.3M	$4.6M	50x	as long as short
Hyperliquid kPEPE	+0.0909%	1h	$58.6M	$51.5M	10x	as long as short
SoDEX 1000PEPE-USD	+0.0968%	1h	$1K	$8K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.1048%	1h	$161K	$428K	15x	as long as short
Lighter 1000PEPE	+0.1192%	1h	$641K	$4.4M	10x	as long as short
01 Exchange kPEPEUSD	+0.1208%	1h	$582	$1K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.2326%	1h	$3.5M	$10.0M	50x	as long as short
Phemex u1000PEPEUSDTshort	+0.2542%	8h	$2.5M	$5.8M	50x