PEPE

Alert

Funding spread now, next payment 17:00 UTC−0.0839%/8h

paid, last 24h−0.013%paid, last 3 days+0.025%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 0.025% in total (about 3.2% 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	SoDEX 1000PEPE-USD	0.000004988	0.0939	pay 0.0117% / 1h	47m 53s	$1K	$8K	10x
Short	Bitget PEPEUSDT	0.000004981	0.0100	get 0.0100% / 8h	7h 47m	$40.1M	$103.0M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee BitgetbpOrdersRate

Funding earned: −$176.23
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$196.23
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Bitget: live order book, 8 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.136%
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 SoDEX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 8 min ago	3.55 bp	14.8 bp −$15	20.3 bp −$203	38.3 bp −$3,830	doesn't fit

SoDEX: 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
BingX 1000PEPE-USDC	+0.0080%	8h	—	$2.3M	—	as long as short
Pacifica kPEPE	+0.0100%	1h	$60K	$73K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$88.5M	$214.0M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.7M	$421.1M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$139.0M	$48.5M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$21.5M	$34.8M	75x	as long as short
Bitget PEPEUSDTshort	+0.0100%	8h	$40.1M	$103.0M	75x
Variational Omni 1000PEPE	+0.0100%	8h	$932K	$2.6M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	$29K	$343K	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0100%	8h	$31K	$8K	20x	as long as short
SunX 1000PEPE-USDT	+0.0100%	8h	$2K	$2.3M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$630K	$3.3M	75x	as long as short
Injective PEPE/USDC PERP	+0.0123%	1h	$40K	$58K	12x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0152%	1h	$95K	$751K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0176%	1h	$141K	—	3x	as long as short
MEXC PEPE_USDT	+0.0177%	8h	$110.2M	$252.7M	300x	as long as short
Binance 1000PEPEUSDT	+0.0183%	8h	$130.5M	$789.9M	75x	as long as short
Extended 1000PEPE-USD	+0.0184%	1h	$531K	$237K	25x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0186% / S −0.0055%	1h	$56K	—	100x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$8K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.1M	$18.2M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0440%	1h	$681K	$19.5M	50x	as long as short
Paradex kPEPE-USD-PERP	+0.0458%	8h	$6K	$52	20x	as long as short
Nado kPEPE-PERP	+0.0592%	1h	$237K	$710K	10x	as long as short
Aster 1000PEPEUSDT	+0.0733%	8h	$1.3M	$4.8M	50x	as long as short
Hyperliquid kPEPE	+0.0874%	1h	$57.7M	$52.1M	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0913%	1h	$108K	$456K	15x	as long as short
SoDEX 1000PEPE-USDlong	+0.0939%	1h	$1K	$8K	10x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0954%	1h	$81K	$95K	25x	as long as short
01 Exchange kPEPEUSD	+0.1080%	1h	$569	$1K	10x	as long as short
Lighter 1000PEPE	+0.1112%	1h	$619K	$4.5M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.2358%	1h	$3.5M	$10.2M	50x	as long as short
Phemex u1000PEPEUSDT	+0.2415%	8h	$2.5M	$5.9M	50x	as long as short