PEPE

Alert

Funding spread now, next payment 18:00 UTC+0.0393%/8h

paid, last 24h+0.025%paid, last 3 days+0.052%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 0.052% in total (about 6.5% 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	Nado kPEPE-PERP	0.000004958	0.0100	pay 0.0012% / 1h	43m 34s	$215K	$735K	10x
Short	Paradex kPEPE-USD-PERP	0.000004961	0.0493	get 0.0493% / 8h	6h 43m	$6K	$52	20x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee ParadexbpOrdersRate

Funding earned: $82.43
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: $71.43
Break-even: 0.9 days

Slippage unknown: Nado: live order book, 61 min ago; Paradex: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.059%
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 Nado live order book, 61 min ago	3.05 bp	12.4 bp −$12	32.2 bp −$322	doesn't fit	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
Injective PEPE/USDC PERP	−0.0669%	1h	$40K	$47K	12x	as long as short
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
Nado kPEPE-PERPlong	+0.0100%	1h	$215K	$735K	10x
Pacifica kPEPE	+0.0100%	1h	$64K	$81K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$88.7M	$225.1M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.6M	$441.1M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$143.7M	$51.9M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$21.7M	$37.6M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$47.2M	$115.4M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni 1000PEPE	+0.0100%	8h	$824K	$2.8M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$337K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$2K	$2.3M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$586K	$3.6M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0131%	8h	$31K	$8K	20x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0189% / S +0.0038%	1h	$67K	—	100x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.1M	$19.0M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0352%	1h	$2K	$8K	10x	as long as short
BingX 1000PEPE-USDC	+0.0451%	8h	—	$2.3M	—	as long as short
Phemex u1000PEPEUSDT	+0.0464%	8h	$2.5M	$6.0M	50x	as long as short
Aevo 1000PEPE-PERP	+0.0480%	1h	$140K	—	3x	as long as short
MEXC PEPE_USDT	+0.0486%	8h	$110.0M	$252.6M	300x	as long as short
Extended 1000PEPE-USD	+0.0488%	1h	$541K	$250K	25x	as long as short
Binance 1000PEPEUSDT	+0.0492%	8h	$129.2M	$844.5M	75x	as long as short
Paradex kPEPE-USD-PERPshort	+0.0493%	8h	$6K	$52	20x
ApeX Omni 1000PEPEUSDT	+0.0494%	1h	$92K	$753K	25x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0528%	1h	$640K	$22.2M	50x	as long as short
Hyperliquid kPEPE	+0.0631%	1h	$57.0M	$53.0M	10x	as long as short
01 Exchange kPEPEUSD	+0.0696%	1h	$569	$2K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0811%	1h	$93K	$505K	15x	as long as short
Aster 1000PEPEUSDT	+0.0849%	8h	$1.4M	$5.4M	50x	as long as short
Lighter 1000PEPE	+0.0928%	1h	$631K	$4.5M	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0960%	1h	$84K	$96K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.1795%	1h	$3.5M	$9.6M	50x	as long as short