PEPE

Alert

Funding spread now, next payment 19:00 UTC+0.0317%/8h

paid, last 24h−0.046%paid, last 3 days−0.046%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 -0.046% in total (about -4.9% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex kPEPE-USD-PERP	0.000004888	0.0456	pay 0.0456% / 8h	5h 54m	$5K	$52	20x
Short	Deribit 1000PEPE_USDC-PERPETUAL	0.000004892	0.0773	get 0.0097% / 1h	54m 01s	$83K	$86K	25x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee ParadexbpFee DeribitbpOrdersRate

Funding earned: $66.54
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $55.54
Break-even: 1.2 days

Slippage unknown: Paradex: no order-book sample; Deribit: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.072%
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 Paradex no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

Paradex and Deribit: 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 kPEPE	+0.0100%	1h	$62K	$88K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$87.1M	$241.4M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$41.7M	$451.4M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$144.3M	$54.4M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$22.4M	$39.3M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$47.0M	$123.8M	75x	as long as short
Backpack kPEPE_USDC_PERP	+0.0100%	1h	$98K	$526K	15x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$753K	$2.9M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	$27K	$324K	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	$566K	$3.6M	75x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0151%	1h	$91K	$752K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0175% / S +0.0029%	1h	$64K	—	100x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0187%	8h	$30K	$9K	20x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
SoDEX 1000PEPE-USD	+0.0212%	1h	$1K	$8K	10x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$19.5M	75x	as long as short
Hyperliquid kPEPE	+0.0362%	1h	$54.6M	$56.2M	10x	as long as short
Nado kPEPE-PERP	+0.0378%	1h	$196K	$751K	10x	as long as short
Paradex kPEPE-USD-PERPlong	+0.0456%	8h	$5K	$52	20x
Phemex u1000PEPEUSDT	+0.0510%	8h	$2.4M	$5.9M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0512%	1h	$656K	$23.2M	50x	as long as short
BingX 1000PEPE-USDC	+0.0575%	8h	—	$2.3M	—	as long as short
Extended 1000PEPE-USD	+0.0608%	1h	$538K	$126K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0608%	1h	$138K	—	3x	as long as short
Binance 1000PEPEUSDT	+0.0610%	8h	$127.3M	$882.3M	75x	as long as short
MEXC PEPE_USDT	+0.0610%	8h	$122.5M	$263.5M	300x	as long as short
Lighter 1000PEPE	+0.0728%	1h	$588K	$4.6M	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUALshort	+0.0773%	1h	$83K	$86K	25x
Aster 1000PEPEUSDT	+0.0824%	8h	$1.3M	$5.5M	50x	as long as short
01 Exchange kPEPEUSD	+0.0904%	1h	$560	$2K	10x	as long as short
Injective PEPE/USDC PERP	+0.0921%	1h	$5K	$67K	12x	as long as short
Kraken Futures PF_PEPEUSD	+0.1117%	1h	$3.5M	$10.2M	50x	as long as short