PEPE

Alert

Funding spread now, next payment 00:00 UTC−0.0526%/8h

next payment, per $10,000−$5.26paid, last 24h+0.006%paid, last 7 days−0.004%to open and close $10k−$18

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.26 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	MEXC PEPE_USDT	0.000004931	0.0626	pay 0.0626% / 8h	5h 45m	$123.1M	$264.2M	300x
Short	OKX PEPE-USDT-SWAP	0.000004927	0.0100	get 0.0100% / 8h	5h 45m	$42.3M	$456.1M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee OKXbpOrdersRate

Funding earned: −$110.46
Slippage, 4 orders: −$7.93
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$128.39
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 5 min ago.

Price risk

price view

Price gap now: −0.083%
Avg gap 7d: −0.054%

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 MEXC live order book, 5 min ago	0.10 bp	1.3 bp −$1	16.7 bp −$167	47.8 bp −$4,780	82.6 bp −$41.3K
Sell OKX live order book, 5 min ago	1.02 bp	7.6 bp −$8	13.6 bp −$136	52.2 bp −$5,220	doesn't fit

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 +0.0006% / S −0.0006%	1h	$18K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	$63K	$89K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$87.6M	$242.4M	50x	as long as short
OKX PEPE-USDT-SWAPshort	+0.0100%	8h	$42.3M	$456.1M	50x
Gate PEPE_USDT	+0.0100%	8h	$145.8M	$54.6M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$22.7M	$39.6M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$47.0M	$124.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$704K	$3.1M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$27K	$326K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
SunX 1000PEPE-USDT	+0.0100%	8h	$1K	$2.3M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$575K	$3.6M	75x	as long as short
Backpack kPEPE_USDC_PERP	+0.0164%	1h	$97K	$530K	15x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0192%	8h	$30K	$9K	20x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$19.7M	75x	as long as short
Nado kPEPE-PERP	+0.0268%	1h	$198K	$752K	10x	as long as short
SoDEX 1000PEPE-USD	+0.0275%	1h	$1K	$8K	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0281% / S −0.0213%	1h	$48K	—	100x	as long as short
Phemex u1000PEPEUSDT	+0.0391%	8h	$2.5M	$6.0M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0462%	8h	$6K	$52	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0512%	1h	$648K	$23.4M	50x	as long as short
Hyperliquid kPEPE	+0.0534%	1h	$55.1M	$56.7M	10x	as long as short
BingX 1000PEPE-USDT	+0.0588%	8h	—	$240.5M	—	as long as short
ApeX Omni 1000PEPEUSDT	+0.0602%	1h	$91K	$751K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0616%	1h	$139K	—	3x	as long as short
MEXC PEPE_USDTlong	+0.0626%	8h	$123.1M	$264.2M	300x
Binance 1000PEPEUSDT	+0.0630%	8h	$128.1M	$887.4M	75x	as long as short
Extended 1000PEPE-USD	+0.0632%	1h	$541K	$127K	25x	as long as short
01 Exchange kPEPEUSD	+0.0704%	1h	$566	$2K	10x	as long as short
Lighter 1000PEPE	+0.0720%	1h	$595K	$4.6M	10x	as long as short
Aster 1000PEPEUSDT	+0.0826%	8h	$1.3M	$5.6M	50x	as long as short
Injective PEPE/USDC PERP	+0.0921%	1h	$5K	$67K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0968%	1h	$84K	$86K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.1108%	1h	$3.6M	$10.3M	50x	as long as short