PEPE

Alert

Funding spread now, next payment 18:00 UTC−0.0215%/8h

paid, last 24h−0.036%paid, last 3 days+0.023%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 0.023% in total (about 2.8% 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	0.000004862	0.0315	pay 0.0039% / 1h	2m 46s	$1K	$8K	10x
Short	Gate PEPE_USDT	0.000004868	0.0100	get 0.0100% / 8h	6h 02m	$143.0M	$54.6M	75x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee GatebpOrdersRate

Funding earned: −$45.17
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$68.17
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Gate: live order book, 3 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.123%
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 Gate live order book, 3 min ago	2.04 bp	11.6 bp −$12	19.8 bp −$198	81.8 bp −$8,182	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
Injective PEPE/USDC PERP	−0.0669%	1h	$5K	$67K	12x	as long as short
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	$86K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$87.2M	$239.3M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$41.5M	$446.9M	50x	as long as short
Gate PEPE_USDTshort	+0.0100%	8h	$143.0M	$54.6M	75x
KuCoin PEPEUSDTM	+0.0100%	8h	$22.2M	$38.9M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$46.8M	$123.0M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	$754K	$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	$2K	$2.3M	20x	as long as short
HTX PEPE-USDT	+0.0100%	8h	$573K	$3.6M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0178%	8h	$30K	$8K	20x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0179% / S −0.0002%	1h	$61K	—	100x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.0M	$19.2M	75x	as long as short
Nado kPEPE-PERP	+0.0240%	1h	$197K	$752K	10x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0283%	1h	$91K	$751K	25x	as long as short
SoDEX 1000PEPE-USDlong	+0.0315%	1h	$1K	$8K	10x
Deribit 1000PEPE_USDC-PERPETUAL	+0.0368%	1h	$82K	$86K	25x	as long as short
Paradex kPEPE-USD-PERP	+0.0469%	8h	$5K	$52	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0528%	1h	$640K	$22.8M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0558%	8h	$2.4M	$5.9M	50x	as long as short
BingX 1000PEPE-USDT	+0.0562%	8h	—	$235.9M	—	as long as short
Hyperliquid kPEPE	+0.0576%	1h	$54.9M	$55.7M	10x	as long as short
Aevo 1000PEPE-PERP	+0.0584%	1h	$138K	—	3x	as long as short
MEXC PEPE_USDT	+0.0591%	8h	$114.7M	$272.3M	300x	as long as short
Extended 1000PEPE-USD	+0.0592%	1h	$536K	$125K	25x	as long as short
Binance 1000PEPEUSDT	+0.0593%	8h	$126.6M	$876.8M	75x	as long as short
Backpack kPEPE_USDC_PERP	+0.0636%	1h	$99K	$527K	15x	as long as short
01 Exchange kPEPEUSD	+0.0720%	1h	$561	$2K	10x	as long as short
Lighter 1000PEPE	+0.0728%	1h	$584K	$4.6M	10x	as long as short
Aster 1000PEPEUSDT	+0.0825%	8h	$1.3M	$5.5M	50x	as long as short
Kraken Futures PF_PEPEUSD	+0.1834%	1h	$3.5M	$10.1M	50x	as long as short