PEPE

Alert

Funding spread now, next payment 16:00 UTC−0.1018%/8h

paid, last 24h−0.022%paid, last 7 days−0.149%to open and close $10k−$41

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.149% in total (about -7.7% 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	Hyperliquid kPEPE	0.000004915	0.1238	pay 0.0155% / 1h	55m 20s	$57.1M	$40.9M	10x
Short	BloFin PEPE-USDT	0.000004866	0.0220	get 0.0220% / 8h	55m 20s	$3.2M	$14.3M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee BloFinbpOrdersRate

Funding earned: −$213.82
Slippage, 4 orders: −$19.59
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$254.41
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 10 min ago; BloFin: live order book, 5 min ago.

Price risk

price view

Price gap now: −0.997%
Avg gap 7d: −0.134%

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 Hyperliquid live order book, 10 min ago	1.07 bp	5.6 bp −$6	8.9 bp −$89	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	5.23 bp	11.3 bp −$11	14.4 bp −$144	26.2 bp −$2,621	doesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni 1000PEPEUSDT	−0.1935%	1h	$116K	$731K	25x	as long as short
Phemex u1000PEPEUSDT	−0.0018%	8h	$2.5M	$5.3M	50x	as long as short
dYdX PEPE-USD	0.0000%	1h	$18K	—	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S 0.0000%	1h	$12K	—	150x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0083%	8h	$30K	$4K	20x	as long as short
Aevo 1000PEPE-PERP	+0.0096%	1h	$140K	—	3x	as long as short
Nado kPEPE-PERP	+0.0100%	1h	$244K	$499K	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	$58K	$40K	10x	as long as short
Binance 1000PEPEUSDT	+0.0100%	8h	$120.9M	$576.5M	75x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$85.5M	$152.0M	50x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX PEPE-USDT-SWAP	+0.0100%	8h	$38.3M	$305.0M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$124.5M	$32.9M	75x	as long as short
MEXC PEPE_USDT	+0.0100%	8h	$112.4M	$223.6M	300x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$21.0M	$27.7M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$47.7M	$71.0M	75x	as long as short
BingX 1000PEPE-USDC	+0.0100%	8h	—	$2.3M	—	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$768K	$1.9M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$325K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$2K	$1.7M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$565K	$2.6M	75x	as long as short
Extended 1000PEPE-USD	+0.0104%	1h	$530K	$216K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0129%	8h	$5K	$52	20x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0155%	1h	$53K	$75K	25x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDTshort	+0.0220%	8h	$3.2M	$14.3M	75x
Coinbase International 1000PEPE-PERP-INTX	+0.0272%	1h	$712K	$10.9M	50x	as long as short
Aster 1000PEPEUSDT	+0.0455%	8h	$1.5M	$3.4M	50x	as long as short
Injective PEPE/USDC PERP	+0.0474%	1h	$42K	$69K	12x	as long as short
SoDEX 1000PEPE-USD	+0.0513%	1h	$1K	$8K	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0532% / S −0.0789%	1h	$118K	—	100x	as long as short
Kraken Futures PF_PEPEUSD	+0.0895%	1h	$3.2M	$8.9M	50x	as long as short
01 Exchange kPEPEUSD	+0.1000%	1h	$564	$1K	10x	as long as short
Lighter 1000PEPE	+0.1152%	1h	$777K	$3.5M	10x	as long as short
Hyperliquid kPEPElong	+0.1238%	1h	$57.1M	$40.9M	10x
Backpack kPEPE_USDC_PERP	+0.1872%	1h	$130K	$247K	15x	as long as short