data as of
Settings8H · net · $10k
Funding arb /

PEPE

all PEPE markets
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Funding spread now, next payment 17:00 UTC+0.0683%/8h
next payment, per $10,000+$0.85paid, last 24h+0.021%paid, last 3 days+0.137%to open and close $10k−$44
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.137% in total (about 17.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado kPEPE-PERP0.0000049400.0501pay 0.0063% / 1h40m 40s$233K$714K10x
ShortLighter 1000PEPE0.0000049150.1184get 0.0148% / 1h40m 40s$613K$4.5M10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$143.53
Slippage, 4 orders
−$37.25
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$99.28
Break-even
2.2 days
Slippage from Nado: live order book, 4 min ago; Lighter: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.499%
Avg gap 7d
+0.037%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 4 min ago3.05 bp12.4 bp −$1232.2 bp −$322doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago6.04 bp14.6 bp −$1525.9 bp −$25964.5 bp −$6,449doesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h$17K150xas long as short
Pacifica kPEPE+0.0100%1h$60K$73K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h$87.5M$216.8M50xas long as short
OKX PEPE-USDT-SWAP+0.0100%8h$42.1M$420.7M50xas long as short
Gate PEPE_USDT+0.0100%8h$138.6M$49.1M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h$20.9M$35.4M75xas long as short
Bitget PEPEUSDT+0.0100%8h$39.6M$104.4M75xas long as short
Variational Omni 1000PEPE+0.0100%8h$888K$2.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h$28K$345K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Orderly PERP_1000PEPE_USDC+0.0100%8h$30K$8K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h$1K$2.3M20xas long as short
HTX PEPE-USDT+0.0100%8h$602K$3.5M75xas long as short
Injective PEPE/USDC PERP+0.0123%1h$40K$58K12xas long as short
Reya kPEPERUSDPERP+0.0188%1h$7K15xas long as short
BingX 1000PEPE-USDT+0.0199%8h$213.6Mas long as short
BloFin PEPE-USDT+0.0220%8h$4.1M$18.3M75xas long as short
Aevo 1000PEPE-PERP+0.0224%1h$140K3xas long as short
Extended 1000PEPE-USD+0.0232%1h$525K$237K25xas long as short
MEXC PEPE_USDT+0.0233%8h$109.0M$255.1M300xas long as short
Binance 1000PEPEUSDT+0.0234%8h$129.3M$802.5M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0242%1h$93K$752K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0290% / S −0.0236%1h$47K100xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0440%1h$556K$19.9M50xas long as short
Paradex kPEPE-USD-PERP+0.0489%8h$5K$5220xas long as short
Nado kPEPE-PERPlong+0.0501%1h$233K$714K10x
Aster 1000PEPEUSDT+0.0760%8h$1.3M$5.0M50xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0764%1h$80K$95K25xas long as short
Hyperliquid kPEPE+0.0791%1h$56.8M$52.8M10xas long as short
SoDEX 1000PEPE-USD+0.0930%1h$1K$8K10xas long as short
Backpack kPEPE_USDC_PERP+0.0949%1h$108K$469K15xas long as short
01 Exchange kPEPEUSD+0.1024%1h$567$1K10xas long as short
Lighter 1000PEPEshort+0.1184%1h$613K$4.5M10x
Phemex u1000PEPEUSDT+0.1557%8h$2.5M$5.9M50xas long as short
Kraken Futures PF_PEPEUSD+0.2381%1h$3.5M$10.2M50xas long as short