PEPE

Alert

Funding spread now, next payment 00:00 UTC−0.1864%/8h

next payment, per $10,000−$18.64paid, last 24h+0.003%paid, last 7 days+0.101%to open and close $10k−$82

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$18.64 per $10,000. 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	Phemex u1000PEPEUSDT	0.000004913	0.1964	pay 0.1964% / 8h	7h 36m	$2.5M	$5.9M	50x
Short	HTX PEPE-USDT	0.000004911	0.0100	get 0.0100% / 8h	7h 36m	$594K	$3.5M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee HTXbpOrdersRate

Funding earned: −$391.5
Slippage, 4 orders: −$57.8
Fee Phemex: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$473.3
Break-even: never at this rate

Slippage from Phemex: live order book, 3 min ago; HTX: live order book, 3 min ago.

Price risk

price view

Price gap now: −0.037%
Avg gap 7d: −0.019%

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 Phemex live order book, 3 min ago	8.24 bp	20.1 bp −$20	34.9 bp −$349	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	9.17 bp	16.9 bp −$17	22.6 bp −$226	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 +0.0005% / S −0.0005%	1h	$17K	—	150x	as long as short
Pacifica kPEPE	+0.0100%	1h	$59K	$73K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$87.6M	$217.8M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.3M	$423.4M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$139.2M	$49.4M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$21.0M	$35.8M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$40.1M	$105.9M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$888K	$2.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$347K	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-USDTshort	+0.0100%	8h	$594K	$3.5M	75x
Injective PEPE/USDC PERP	+0.0123%	1h	$39K	$59K	12x	as long as short
BingX 1000PEPE-USDT	+0.0168%	8h	—	$219.5M	—	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.2M	$18.3M	75x	as long as short
Aevo 1000PEPE-PERP	+0.0240%	1h	$139K	—	3x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0243%	1h	$91K	$752K	25x	as long as short
MEXC PEPE_USDT	+0.0247%	8h	$105.8M	$256.3M	300x	as long as short
Binance 1000PEPEUSDT	+0.0248%	8h	$130.3M	$806.7M	75x	as long as short
Extended 1000PEPE-USD	+0.0248%	1h	$519K	$241K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0290% / S −0.0237%	1h	$47K	—	100x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0440%	1h	$641K	$20.3M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0505%	8h	$5K	$52	20x	as long as short
Nado kPEPE-PERP	+0.0510%	1h	$231K	$716K	10x	as long as short
Aster 1000PEPEUSDT	+0.0759%	8h	$1.3M	$5.0M	50x	as long as short
Hyperliquid kPEPE	+0.0785%	1h	$56.8M	$52.3M	10x	as long as short
SoDEX 1000PEPE-USD	+0.0914%	1h	$1K	$8K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0923%	1h	$107K	$469K	15x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0973%	1h	$83K	$96K	25x	as long as short
01 Exchange kPEPEUSD	+0.0992%	1h	$563	$1K	10x	as long as short
Lighter 1000PEPE	+0.1160%	1h	$622K	$4.5M	10x	as long as short
Phemex u1000PEPEUSDTlong	+0.1964%	8h	$2.5M	$5.9M	50x
Kraken Futures PF_PEPEUSD	+0.2395%	1h	$3.4M	$10.2M	50x	as long as short