PEPE

Alert

Funding spread now, next payment 15:00 UTC−0.0430%/8h

paid, last 24h+0.055%paid, last 7 days+0.081%to open and close $10k−$43

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% 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	Kraken Futures PF_PEPEUSD	0.000004398	0.0530	pay 0.0066% / 1h	36m 10s	$2.8M	$8.3M	50x
Short	edgeX 1000PEPEUSDC	0.000004370	0.0100	get 0.0050% / 4h	1h 36m	$26K	$324K	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee edgeXbpOrdersRate

Funding earned: −$90.24
Slippage, 4 orders: −$24.03
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$133.28
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; edgeX: live order book, 19 min ago.

Price risk

price view

Price gap now: −0.645%
Avg gap 7d: +0.012%

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 Kraken Futures live order book, 4 min ago	4.47 bp	16.5 bp −$16	20.3 bp −$203	67.6 bp −$6,760	doesn't fit
Sell edgeX live order book, 19 min ago	1.04 bp	5.8 bp −$6	36.5 bp −$365	doesn't fit	doesn't fit

PEPE on 34 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective PEPE/USDC PERP	−0.0104%	1h	$16K	$39K	12x	as long as short
Phemex u1000PEPEUSDT	−0.0029%	8h	$2.2M	$5.2M	50x	as long as short
dYdX PEPE-USD	0.0000%	1h	$16K	$908	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	0.0000%	1h	$37K	$63K	25x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0002%	1h	$4K	—	150x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0062%	8h	$27K	$3K	20x	as long as short
Aevo 1000PEPE-PERP	+0.0096%	1h	$124K	—	3x	as long as short
Paradex kPEPE-USD-PERP	+0.0098%	8h	$5K	$52	20x	as long as short
Nado kPEPE-PERP	+0.0100%	1h	$226K	$402K	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	$52K	$35K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance 1000PEPEUSDT	+0.0100%	8h	$99.1M	$451.6M	75x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$74.7M	$111.8M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$31.9M	$211.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$113.3M	$25.5M	75x	as long as short
MEXC PEPE_USDT	+0.0100%	8h	$100.3M	$204.3M	300x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$19.7M	$24.2M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$40.8M	$61.5M	75x	as long as short
BingX 1000PEPE-USDT	+0.0100%	8h	—	$158.7M	—	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$534K	$1.6M	—	as long as short
edgeX 1000PEPEUSDCshort	+0.0100%	4h	$26K	$324K	20x
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	$104K	$711K	25x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$1K	$1.4M	20x	as long as short
SoDEX 1000PEPE-USD	+0.0100%	1h	$2K	$7K	10x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$472K	$2.1M	75x	as long as short
Extended 1000PEPE-USD	+0.0104%	1h	$464K	$207K	25x	as long as short
Backpack kPEPE_USDC_PERP	+0.0188%	1h	$120K	$188K	15x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0200%	1h	$591K	$6.6M	50x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$3.0M	$11.5M	75x	as long as short
Hyperliquid kPEPE	+0.0319%	1h	$50.1M	$34.6M	10x	as long as short
Aster 1000PEPEUSDT	+0.0358%	8h	$1.3M	$2.8M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0404% / S −0.0539%	1h	$55K	—	100x	as long as short
Kraken Futures PF_PEPEUSDlong	+0.0530%	1h	$2.8M	$8.3M	50x
Lighter 1000PEPE	+0.0672%	1h	$796K	$2.6M	10x	as long as short