data as of
Settings8H · net · $10k
Funding arb /

PEPE

all PEPE markets
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Alert
Funding spread now, next payment 19:00 UTC−0.0721%/8h
paid, last 24h−0.083%paid, last 7 days−0.435%to open and close $10k−$42
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.435% in total (about -22.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kPEPE0.0000050040.0821pay 0.0103% / 1h14m 41s$55.9M$58.0M10x
ShortGate PEPE_USDT0.0000050000.0100get 0.0100% / 8h5h 14m$151.0M$56.6M75x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$151.34
Slippage, 4 orders
−$17.97
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$193.31
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Gate: live order book, 6 min ago.

Price risk

price view
Price gap now
−0.080%
Avg gap 7d
−0.111%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 10 min ago1.99 bp7.3 bp −$710.7 bp −$10726.3 bp −$2,631doesn't fit
Sell Gate live order book, 6 min ago2.98 bp12.1 bp −$1218.7 bp −$18767.5 bp −$6,748doesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0009%1h$4K150xas long as short
Pacifica kPEPE+0.0100%1h$63K$97K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h$89.3M$247.6M50xas long as short
OKX PEPE-USDT-SWAP+0.0100%8h$42.9M$472.7M50xas long as short
Gate PEPE_USDTshort+0.0100%8h$151.0M$56.6M75x
KuCoin PEPEUSDTM+0.0100%8h$25.5M$42.7M75xas long as short
Bitget PEPEUSDT+0.0100%8h$47.4M$129.9M75xas long as short
Variational Omni 1000PEPE+0.0100%8h$769K$3.2Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h$28K$328K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
SunX 1000PEPE-USDT+0.0100%8h$1K$2.3M20xas long as short
HTX PEPE-USDT+0.0100%8h$578K$3.7M75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0179% / S −0.0044%1h$57K100xas long as short
Reya kPEPERUSDPERP+0.0188%1h$8K15xas long as short
BloFin PEPE-USDT+0.0220%8h$4.0M$20.3M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0227%8h$31K$9K20xas long as short
Nado kPEPE-PERP+0.0343%1h$205K$763K10xas long as short
Phemex u1000PEPEUSDT+0.0438%8h$2.5M$6.0M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0512%1h$662K$24.1M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0535%1h$93K$756K25xas long as short
Paradex kPEPE-USD-PERP+0.0546%8h$6K$5220xas long as short
SoDEX 1000PEPE-USD+0.0548%1h$2K$8K10xas long as short
BingX 1000PEPE-USDT+0.0677%8h$247.2Mas long as short
MEXC PEPE_USDT+0.0718%8h$111.1M$270.8M300xas long as short
Binance 1000PEPEUSDT+0.0719%8h$133.2M$914.2M75xas long as short
Extended 1000PEPE-USD+0.0720%1h$553K$145K25xas long as short
Aevo 1000PEPE-PERP+0.0720%1h$142K3xas long as short
Hyperliquid kPEPElong+0.0821%1h$55.9M$58.0M10x
01 Exchange kPEPEUSD+0.0848%1h$576$2K10xas long as short
Lighter 1000PEPE+0.0864%1h$633K$4.8M10xas long as short
Aster 1000PEPEUSDT+0.0883%8h$1.5M$6.0M50xas long as short
Injective PEPE/USDC PERP+0.0921%1h$5K$67K12xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0948%1h$85K$86K25xas long as short
Backpack kPEPE_USDC_PERP+0.1072%1h$100K$546K15xas long as short
Kraken Futures PF_PEPEUSD+0.1089%1h$3.8M$10.8M50xas long as short