PEPE

Alert

Funding spread now, next payment 16:00 UTC+0.0232%/8h

next payment, per $10,000+$2.32paid, last 24h+0.009%paid, last 3 days−0.045%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 -0.045% in total (about -4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.32 per $10,000. 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	KuCoin PEPEUSDTM	0.000004793	0.0100	pay 0.0100% / 8h	24m 42s	$20.4M	$30.3M	75x
Short	Paradex kPEPE-USD-PERP	0.000004800	0.0332	get 0.0332% / 8h	24m 42s	$5K	$52	20x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee ParadexbpOrdersRate

Funding earned: $48.64
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: $32.64
Break-even: 2.3 days

Slippage unknown: KuCoin: live order book, 11 min ago; Paradex: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.129%
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 KuCoin live order book, 11 min ago	1.16 bp	17.8 bp −$18	28.7 bp −$287	70.5 bp −$7,054	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
Deribit 1000PEPE_USDC-PERPETUAL	0.0000%	1h	$75K	$91K	25x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0005% / S −0.0004%	1h	$19K	—	150x	as long as short
Aevo 1000PEPE-PERP	+0.0096%	1h	$135K	—	3x	as long as short
Pacifica kPEPE	+0.0100%	1h	$56K	$51K	10x	as long as short
Binance 1000PEPEUSDT	+0.0100%	8h	$121.9M	$662.7M	75x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$82.9M	$178.5M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$37.4M	$342.9M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$126.3M	$40.9M	75x	as long as short
MEXC PEPE_USDT	+0.0100%	8h	$106.1M	$234.9M	300x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin PEPEUSDTMlong	+0.0100%	8h	$20.4M	$30.3M	75x
Bitget PEPEUSDT	+0.0100%	8h	$39.0M	$86.7M	75x	as long as short
BingX 1000PEPE-USDT	+0.0100%	8h	—	$184.0M	—	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$764K	$2.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$27K	$331K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	$107K	$737K	25x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0100%	8h	$30K	$5K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$2K	$2.0M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$558K	$2.7M	75x	as long as short
Phemex u1000PEPEUSDT	+0.0100%	8h	$2.4M	$5.5M	50x	as long as short
Extended 1000PEPE-USD	+0.0104%	1h	$511K	$234K	25x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$3.6M	$15.7M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0272%	1h	$675K	$14.5M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0298% / S −0.0389%	1h	$42K	—	100x	as long as short
Paradex kPEPE-USD-PERPshort	+0.0332%	8h	$5K	$52	20x
Nado kPEPE-PERP	+0.0426%	1h	$237K	$586K	10x	as long as short
Injective PEPE/USDC PERP	+0.0474%	1h	$39K	$73K	12x	as long as short
Aster 1000PEPEUSDT	+0.0542%	8h	$1.3M	$4.0M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.0916%	1h	$3.2M	$8.8M	50x	as long as short
SoDEX 1000PEPE-USD	+0.1134%	1h	$1K	$8K	10x	as long as short
01 Exchange kPEPEUSD	+0.1232%	1h	$552	$1K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.1238%	1h	$129K	$364K	15x	as long as short
Hyperliquid kPEPE	+0.1248%	1h	$55.4M	$47.3M	10x	as long as short
Lighter 1000PEPE	+0.1344%	1h	$652K	$4.4M	10x	as long as short