PEPE

Alert

Funding spread now, next payment 19:00 UTC+0.0596%/8h

paid, last 24h+0.075%paid, last 7 days+0.414%to open and close $10k−$34

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.414% in total (about 21.6% 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	OKX PEPE-USDT-SWAP	0.000004983	0.0100	pay 0.0100% / 8h	5h 31m	$42.7M	$465.7M	50x
Short	Hyperliquid kPEPE	0.000004988	0.0696	get 0.0087% / 1h	31m 41s	$55.8M	$57.6M	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee HyperliquidbpOrdersRate

Funding earned: $125.2
Slippage, 4 orders: −$15.27
Fee OKX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $90.93
Break-even: 1.9 days

Slippage from OKX: live order book, 4 min ago; Hyperliquid: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.100%
Avg gap 7d: +0.115%

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 OKX live order book, 4 min ago	1.01 bp	7.4 bp −$7	12.4 bp −$124	49.6 bp −$4,962	doesn't fit
Sell Hyperliquid live order book, 3 min ago	3.02 bp	9.5 bp −$9	18.2 bp −$182	doesn't fit	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 −0.0009%	1h	$4K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	$63K	$91K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$88.5M	$245.6M	50x	as long as short
OKX PEPE-USDT-SWAPlong	+0.0100%	8h	$42.7M	$465.7M	50x
Gate PEPE_USDT	+0.0100%	8h	$147.6M	$55.7M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$25.8M	$41.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$46.2M	$127.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$702K	$3.0M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$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	$576K	$3.6M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0179% / S −0.0030%	1h	$65K	—	100x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$8K	—	15x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0206%	8h	$30K	$9K	20x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$20.0M	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0262%	1h	$92K	$753K	25x	as long as short
Nado kPEPE-PERP	+0.0297%	1h	$200K	$758K	10x	as long as short
SoDEX 1000PEPE-USD	+0.0395%	1h	$2K	$8K	10x	as long as short
Phemex u1000PEPEUSDT	+0.0422%	8h	$2.5M	$6.0M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0474%	8h	$6K	$52	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0512%	1h	$691K	$23.8M	50x	as long as short
BingX 1000PEPE-USDT	+0.0623%	8h	—	$245.9M	—	as long as short
Aevo 1000PEPE-PERP	+0.0656%	1h	$141K	—	3x	as long as short
Extended 1000PEPE-USD	+0.0664%	1h	$550K	$128K	25x	as long as short
MEXC PEPE_USDT	+0.0664%	8h	$109.4M	$267.9M	300x	as long as short
Binance 1000PEPEUSDT	+0.0664%	8h	$130.6M	$901.6M	75x	as long as short
01 Exchange kPEPEUSD	+0.0688%	1h	$570	$2K	10x	as long as short
Hyperliquid kPEPEshort	+0.0696%	1h	$55.8M	$57.6M	10x
Backpack kPEPE_USDC_PERP	+0.0701%	1h	$97K	$533K	15x	as long as short
Lighter 1000PEPE	+0.0752%	1h	$628K	$4.7M	10x	as long as short
Aster 1000PEPEUSDT	+0.0838%	8h	$1.3M	$5.7M	50x	as long as short
Injective PEPE/USDC PERP	+0.0921%	1h	$5K	$67K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0954%	1h	$85K	$86K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.1095%	1h	$3.6M	$10.4M	50x	as long as short