PEPE

Alert

Funding spread now, next payment 16:00 UTC+0.0977%/8h

next payment, per $10,000+$1.22paid, last 24h−0.056%paid, last 3 days−0.099%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.099% in total (about -12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.22 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	GMX PEPE/USD [ETH-USDC]	0.000004000	L +0.0271% / S −0.0201%	pay 0.0034% / 1h	35m 01s	$41K	—	100x
Short	01 Exchange kPEPEUSD	0.000004716	0.1248	get 0.0156% / 1h	35m 01s	$540	$1K	10x

Funding history

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee 01 ExchangebpOrdersRate

Funding earned: $205.23
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $186.23
Break-even: 0.6 days

Slippage unknown: GMX: no order-book sample; 01 Exchange: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +17.900%
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 GMX no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

GMX and 01 Exchange: 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	$17K	$95	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	0.0000%	1h	$67K	$84K	25x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0004%	1h	$19K	—	150x	as long as short
BingX 1000PEPE-USDC	+0.0080%	8h	—	$2.3M	—	as long as short
Aevo 1000PEPE-PERP	+0.0096%	1h	$133K	—	3x	as long as short
Pacifica kPEPE	+0.0100%	1h	$55K	$50K	10x	as long as short
Binance 1000PEPEUSDT	+0.0100%	8h	$120.4M	$643.4M	75x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$81.4M	$171.5M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$36.7M	$328.7M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$121.3M	$39.2M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC PEPE_USDT	+0.0100%	8h	$103.1M	$232.3M	300x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$19.9M	$29.8M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$38.7M	$84.4M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$890K	$2.3M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$27K	$330K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	$112K	$734K	25x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0100%	8h	$29K	$5K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$2K	$1.9M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$545K	$2.6M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	$2.3M	$5.5M	50x	as long as short
Extended 1000PEPE-USD	+0.0104%	1h	$501K	$223K	25x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$3.6M	$15.2M	75x	as long as short
Paradex kPEPE-USD-PERP	+0.0248%	8h	$5K	$52	20x	as long as short
GMX PEPE/USD [ETH-USDC]long	L +0.0271% / S −0.0201%	1h	$41K	—	100x
Coinbase International 1000PEPE-PERP-INTX	+0.0272%	1h	$648K	$13.7M	50x	as long as short
Injective PEPE/USDC PERP	+0.0474%	1h	$41K	$70K	12x	as long as short
Nado kPEPE-PERP	+0.0481%	1h	$219K	$560K	10x	as long as short
Aster 1000PEPEUSDT	+0.0488%	8h	$1.3M	$3.7M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0892%	1h	$1K	$8K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0933%	1h	$3.2M	$8.7M	50x	as long as short
Lighter 1000PEPE	+0.1168%	1h	$588K	$4.1M	10x	as long as short
Hyperliquid kPEPE	+0.1212%	1h	$55.9M	$45.7M	10x	as long as short
01 Exchange kPEPEUSDshort	+0.1248%	1h	$540	$1K	10x
Backpack kPEPE_USDC_PERP	+0.1311%	1h	$121K	$316K	15x	as long as short