data as of
Settings8H · net · $10k
Funding arb /

PEPE

all PEPE markets
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Funding spread now, next payment 17:00 UTC−0.0803%/8h
paid, last 24h−0.022%paid, last 3 days+0.050%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 0.050% in total (about 6.4% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000PEPE-USD0.0000049240.0903pay 0.0113% / 1h35m 34s$1K$8K10x
ShortOKX PEPE-USDT-SWAP0.0000049010.0100get 0.0100% / 8h7h 35m$42.2M$422.5M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$168.71
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$186.71
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; OKX: live order book, 5 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.467%
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 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell OKX live order book, 5 min ago1.02 bp10.4 bp −$1014.9 bp −$14944.8 bp −$4,476doesn'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.
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h$17K150xas long as short
Pacifica kPEPE+0.0100%1h$60K$73K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h$87.4M$218.3M50xas long as short
OKX PEPE-USDT-SWAPshort+0.0100%8h$42.2M$422.5M50x
Gate PEPE_USDT+0.0100%8h$139.5M$49.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h$21.1M$35.8M75xas long as short
Bitget PEPEUSDT+0.0100%8h$40.1M$106.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h$870K$2.7Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h$28K$347K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Orderly PERP_1000PEPE_USDC+0.0100%8h$30K$8K20xas long as short
SunX 1000PEPE-USDT+0.0100%8h$2K$2.3M20xas long as short
HTX PEPE-USDT+0.0100%8h$597K$3.5M75xas long as short
Injective PEPE/USDC PERP+0.0123%1h$39K$59K12xas long as short
Reya kPEPERUSDPERP+0.0188%1h$7K15xas long as short
BloFin PEPE-USDT+0.0220%8h$4.2M$18.3M75xas long as short
BingX 1000PEPE-USDT+0.0227%8h$219.5Mas long as short
Aevo 1000PEPE-PERP+0.0240%1h$139K3xas long as short
Extended 1000PEPE-USD+0.0256%1h$522K$241K25xas long as short
MEXC PEPE_USDT+0.0259%8h$105.2M$256.4M300xas long as short
Binance 1000PEPEUSDT+0.0272%8h$129.9M$806.9M75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0291% / S −0.0237%1h$47K100xas long as short
ApeX Omni 1000PEPEUSDT+0.0317%1h$91K$752K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0440%1h$645K$20.3M50xas long as short
Nado kPEPE-PERP+0.0510%1h$231K$716K10xas long as short
Paradex kPEPE-USD-PERP+0.0520%8h$6K$5220xas long as short
Aster 1000PEPEUSDT+0.0775%8h$1.3M$5.0M50xas long as short
Hyperliquid kPEPE+0.0790%1h$56.8M$52.3M10xas long as short
SoDEX 1000PEPE-USDlong+0.0903%1h$1K$8K10x
Backpack kPEPE_USDC_PERP+0.0932%1h$105K$470K15xas long as short
01 Exchange kPEPEUSD+0.0992%1h$792$2K10xas long as short
Lighter 1000PEPE+0.1168%1h$623K$4.5M10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.1172%1h$84K$96K25xas long as short
Phemex u1000PEPEUSDT+0.1723%8h$2.5M$5.9M50xas long as short
Kraken Futures PF_PEPEUSD+0.2390%1h$3.5M$10.2M50xas long as short