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

PEPE

all PEPE markets
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Funding spread now, next payment 15:00 UTC−0.0204%/8h
paid, last 24h+0.006%paid, last 4 days−0.067%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid -0.067% in total (about -6.9% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PEPE-USDT-SWAP0.0000043690.0100pay 0.0100% / 8h1h 41m$31.3M$208.1M50x
ShortInjective PEPE/USDC PERP0.000004309−0.0104pay 0.0013% / 1h41m 07s$16K$39K12x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$42.79
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$52.81
Break-even
never at this rate
Slippage unknown: OKX: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
−1.373%
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 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 OKX live order book, 4 min ago1.15 bp6.2 bp −$69.5 bp −$9521.9 bp −$2,189doesn't fit
Sell Injective no order-book sample
Injective: 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 34 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective PEPE/USDC PERPshort−0.0104%1h$16K$39K12x
Phemex u1000PEPEUSDT−0.0038%8h$2.1M$5.2M50xas long as short
dYdX PEPE-USD0.0000%1h$16K$90810xas long as short
Deribit 1000PEPE_USDC-PERPETUAL0.0000%1h$37K$63K25xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0002%1h$4K150xas long as short
Orderly PERP_1000PEPE_USDC+0.0061%8h$26K$3K20xas long as short
Aevo 1000PEPE-PERP+0.0096%1h$124K3xas long as short
Paradex kPEPE-USD-PERP+0.0097%8h$5K$5220xas long as short
Nado kPEPE-PERP+0.0100%1h$196K$389K10xas long as short
Pacifica kPEPE+0.0100%1h$52K$37K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance 1000PEPEUSDT+0.0100%8h$98.4M$448.8M75xas long as short
Bybit 1000PEPEUSDT+0.0100%8h$74.2M$110.7M50xas long as short
OKX PEPE-USDT-SWAPlong+0.0100%8h$31.3M$208.1M50x
Gate PEPE_USDT+0.0100%8h$112.7M$25.3M75xas long as short
MEXC PEPE_USDT+0.0100%8h$95.1M$202.2M300xas long as short
KuCoin PEPEUSDTM+0.0100%8h$19.6M$24.5M75xas long as short
Bitget PEPEUSDT+0.0100%8h$40.1M$61.9M75xas long as short
BingX 1000PEPE-USDC+0.0100%8h$2.3Mas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h$120K$191K15xas long as short
Variational Omni 1000PEPE+0.0100%8h$527K$1.6Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h$25K$330K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h$103K$711K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h$2K$1.4M20xas long as short
SoDEX 1000PEPE-USD+0.0100%1h$2K$7K10xas long as short
HTX PEPE-USDT+0.0100%8h$464K$2.1M75xas long as short
Extended 1000PEPE-USD+0.0104%1h$462K$207K25xas long as short
Reya kPEPERUSDPERP+0.0188%1h$7K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0200%1h$597K$6.5M50xas long as short
Hyperliquid kPEPE+0.0215%1h$49.4M$36.1M10xas long as short
BloFin PEPE-USDT+0.0220%8h$3.0M$11.0M75xas long as short
Aster 1000PEPEUSDT+0.0362%8h$1.3M$2.9M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0372% / S −0.0460%1h$49K100xas long as short
Kraken Futures PF_PEPEUSD+0.0533%1h$2.8M$8.2M50xas long as short
Lighter 1000PEPE+0.0656%1h$778K$2.5M10xas long as short