PEPE

Alert

Funding spread now, next payment 17:00 UTC+0.0248%/8h

paid, last 24h−0.015%paid, last 5 days+0.001%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid 0.001% in total (about 0.1% 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	Pacifica kPEPE	0.000004842	0.0100	pay 0.0013% / 1h	20m 01s	$59K	$75K	10x
Short	Binance 1000PEPEUSDT	0.000004856	0.0348	get 0.0348% / 8h	7h 20m	$127.1M	$822.4M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee BinancebpOrdersRate

Funding earned: $52.04
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $34.04
Break-even: 2.4 days

Slippage unknown: Pacifica: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.293%
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 Pacifica no order-book sample	—	—	—	—	—
Sell Binance live order book, 10 min ago	0.41 bp	8.5 bp −$9	14.4 bp −$144	32.8 bp −$3,278	doesn't fit

Pacifica: 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
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
Pacifica kPEPElong	+0.0100%	1h	$59K	$75K	10x
Bybit 1000PEPEUSDT	+0.0100%	8h	$87.2M	$221.2M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.1M	$423.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$138.4M	$50.5M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$20.9M	$35.8M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$39.2M	$107.2M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$844K	$2.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$349K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_1000PEPE_USDC	+0.0100%	8h	$30K	$8K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$1K	$2.3M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$572K	$3.7M	75x	as long as short
Injective PEPE/USDC PERP	+0.0123%	1h	$39K	$59K	12x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BingX 1000PEPE-USDC	+0.0208%	8h	—	$2.3M	—	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$18.3M	75x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0290% / S −0.0209%	1h	$49K	—	100x	as long as short
Extended 1000PEPE-USD	+0.0344%	1h	$528K	$250K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0344%	1h	$137K	—	3x	as long as short
MEXC PEPE_USDT	+0.0347%	8h	$101.6M	$260.0M	300x	as long as short
Binance 1000PEPEUSDTshort	+0.0348%	8h	$127.1M	$822.4M	75x
Coinbase International 1000PEPE-PERP-INTX	+0.0440%	1h	$659K	$20.7M	50x	as long as short
Nado kPEPE-PERP	+0.0484%	1h	$219K	$731K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0530%	1h	$91K	$751K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0544%	8h	$5K	$52	20x	as long as short
SoDEX 1000PEPE-USD	+0.0694%	1h	$1K	$8K	10x	as long as short
Hyperliquid kPEPE	+0.0778%	1h	$55.9M	$52.4M	10x	as long as short
Aster 1000PEPEUSDT	+0.0804%	8h	$1.3M	$5.1M	50x	as long as short
01 Exchange kPEPEUSD	+0.0904%	1h	$557	$2K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.1056%	1h	$98K	$488K	15x	as long as short
Lighter 1000PEPE	+0.1080%	1h	$622K	$4.6M	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.1195%	1h	$82K	$96K	25x	as long as short
Phemex u1000PEPEUSDT	+0.1486%	8h	$2.4M	$5.9M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.2425%	1h	$3.4M	$10.1M	50x	as long as short