PEPE

Alert

Funding spread now, next payment 14:00 UTC−0.0266%/8h

paid, last 24h+0.014%paid, last 4 days+0.044%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 4 days it paid 0.044% in total (about 4.5% 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	Injective PEPE/USDC PERP	0.000004292	0.0366	pay 0.0046% / 1h	36m 34s	$17K	$39K	12x
Short	Bitget PEPEUSDT	0.000004299	0.0100	get 0.0100% / 8h	2h 36m	$38.8M	$64.3M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee BitgetbpOrdersRate

Funding earned: −$55.95
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$67.97
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Bitget: live order book, 4 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.163%
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 Injective no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	0.23 bp	7.4 bp −$7	10.2 bp −$102	23.2 bp −$2,324	doesn't fit

Injective: 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
Phemex u1000PEPEUSDT	−0.0023%	8h	$2.1M	$5.1M	50x	as long as short
dYdX PEPE-USD	0.0000%	1h	$17K	$908	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	0.0000%	1h	$36K	$58K	25x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0002%	1h	$5K	—	150x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0046%	8h	$26K	$3K	20x	as long as short
Paradex kPEPE-USD-PERP	+0.0093%	8h	$5K	$52	20x	as long as short
Lighter 1000PEPE	+0.0096%	1h	$650K	$1.5M	10x	as long as short
Aevo 1000PEPE-PERP	+0.0096%	1h	$122K	—	3x	as long as short
Nado kPEPE-PERP	+0.0100%	1h	$197K	$386K	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	$53K	$34K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance 1000PEPEUSDT	+0.0100%	8h	$97.8M	$428.8M	75x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$72.6M	$105.0M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$31.1M	$200.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$111.8M	$23.9M	75x	as long as short
MEXC PEPE_USDT	+0.0100%	8h	$90.2M	$196.9M	300x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$19.2M	$25.0M	75x	as long as short
Bitget PEPEUSDTshort	+0.0100%	8h	$38.8M	$64.3M	75x
BingX 1000PEPE-USDC	+0.0100%	8h	—	$2.3M	—	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$514K	$1.6M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$25K	$342K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	$143K	$682K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$1K	$1.3M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	$2K	$7K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$457K	$2.1M	75x	as long as short
Extended 1000PEPE-USD	+0.0104%	1h	$455K	$209K	25x	as long as short
01 Exchange kPEPEUSD	+0.0136%	1h	$493	$1K	10x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0200%	1h	$544K	$6.3M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0220%	1h	$2.9M	$8.3M	50x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$3.0M	$10.3M	75x	as long as short
Hyperliquid kPEPE	+0.0247%	1h	$48.4M	$34.4M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0292% / S −0.0267%	1h	$34K	—	100x	as long as short
Injective PEPE/USDC PERPlong	+0.0366%	1h	$17K	$39K	12x
Backpack kPEPE_USDC_PERP	+0.0415%	1h	$122K	$182K	15x	as long as short
Aster 1000PEPEUSDT	+0.0517%	8h	$1.2M	$2.8M	50x	as long as short