PEPE

Alert

Funding spread now, next payment 17:00 UTC−0.1884%/8h

paid, last 24h+0.049%paid, last 3 days+0.003%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 0.003% in total (about 0.4% 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	0.000004912	0.2395	pay 0.0299% / 1h	36m 26s	$3.4M	$10.2M	50x
Short	Paradex kPEPE-USD-PERP	0.000004911	0.0511	get 0.0511% / 8h	7h 36m	$5K	$52	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee ParadexbpOrdersRate

Funding earned: −$395.66
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$409.66
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 4 min ago; Paradex: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.028%
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 Kraken Futures live order book, 4 min ago	6.82 bp	17.2 bp −$17	28.2 bp −$282	98.4 bp −$9,836	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0005%	1h	$17K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	$60K	$73K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$87.5M	$217.8M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.2M	$422.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$139.3M	$49.4M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$21.0M	$35.8M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$40.1M	$105.9M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$888K	$2.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$347K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_1000PEPE_USDC	+0.0100%	8h	$30K	$8K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$1K	$2.3M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$594K	$3.5M	75x	as long as short
Injective PEPE/USDC PERP	+0.0123%	1h	$39K	$59K	12x	as long as short
BingX 1000PEPE-USDT	+0.0168%	8h	—	$219.5M	—	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.2M	$18.3M	75x	as long as short
Aevo 1000PEPE-PERP	+0.0240%	1h	$139K	—	3x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0243%	1h	$91K	$752K	25x	as long as short
MEXC PEPE_USDT	+0.0247%	8h	$104.9M	$256.3M	300x	as long as short
Extended 1000PEPE-USD	+0.0248%	1h	$519K	$241K	25x	as long as short
Binance 1000PEPEUSDT	+0.0259%	8h	$130.2M	$806.5M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0290% / S −0.0237%	1h	$47K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0440%	1h	$641K	$20.3M	50x	as long as short
Nado kPEPE-PERP	+0.0510%	1h	$231K	$716K	10x	as long as short
Paradex kPEPE-USD-PERPshort	+0.0511%	8h	$5K	$52	20x
Aster 1000PEPEUSDT	+0.0766%	8h	$1.3M	$5.0M	50x	as long as short
Hyperliquid kPEPE	+0.0787%	1h	$56.8M	$52.3M	10x	as long as short
SoDEX 1000PEPE-USD	+0.0914%	1h	$1K	$8K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0923%	1h	$107K	$469K	15x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0973%	1h	$83K	$96K	25x	as long as short
01 Exchange kPEPEUSD	+0.0992%	1h	$792	$2K	10x	as long as short
Lighter 1000PEPE	+0.1160%	1h	$621K	$4.5M	10x	as long as short
Phemex u1000PEPEUSDT	+0.1964%	8h	$2.5M	$5.9M	50x	as long as short
Kraken Futures PF_PEPEUSDlong	+0.2395%	1h	$3.4M	$10.2M	50x