PEPE

Alert

Funding spread now, next payment 00:00 UTC+0.0398%/8h

next payment, per $10,000+$3.98paid, last 24h+0.031%paid, last 3 days−0.053%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 -0.053% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.98 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	SunX 1000PEPE-USDT	0.000004931	0.0100	pay 0.0100% / 8h	6h 53m	$2K	$2.3M	20x
Short	Paradex kPEPE-USD-PERP	0.000004921	0.0498	get 0.0498% / 8h	6h 53m	$6K	$52	20x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee ParadexbpOrdersRate

Funding earned: $83.56
Slippage, 4 orders: no order book: not counted
Fee SunX: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $69.56
Break-even: 1.2 days

Slippage unknown: SunX: live order book, 9 min ago; Paradex: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.191%
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 SunX live order book, 9 min ago	500.06 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	$40K	$47K	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
Nado kPEPE-PERP	+0.0100%	1h	$222K	$736K	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	$62K	$80K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	$88.5M	$223.9M	50x	as long as short
OKX PEPE-USDT-SWAP	+0.0100%	8h	$42.7M	$436.1M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	$142.1M	$51.4M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	$21.3M	$37.4M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	$46.2M	$114.7M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni 1000PEPE	+0.0100%	8h	$855K	$2.8M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	$28K	$335K	20x	as long as short
SunX 1000PEPE-USDTlong	+0.0100%	8h	$2K	$2.3M	20x
HTX PEPE-USDT	+0.0100%	8h	$581K	$3.6M	75x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0120%	8h	$31K	$8K	20x	as long as short
Reya kPEPERUSDPERP	+0.0188%	1h	$7K	—	15x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0191% / S −0.0045%	1h	$57K	—	100x	as long as short
BloFin PEPE-USDT	+0.0220%	8h	$4.1M	$18.8M	75x	as long as short
SoDEX 1000PEPE-USD	+0.0401%	1h	$1K	$8K	10x	as long as short
BingX 1000PEPE-USDC	+0.0416%	8h	—	$2.3M	—	as long as short
Aevo 1000PEPE-PERP	+0.0448%	1h	$139K	—	3x	as long as short
MEXC PEPE_USDT	+0.0453%	8h	$115.3M	$250.4M	300x	as long as short
Binance 1000PEPEUSDT	+0.0453%	8h	$127.9M	$839.7M	75x	as long as short
Extended 1000PEPE-USD	+0.0456%	1h	$538K	$253K	25x	as long as short
Paradex kPEPE-USD-PERPshort	+0.0498%	8h	$6K	$52	20x
Phemex u1000PEPEUSDT	+0.0522%	8h	$2.5M	$6.0M	50x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0528%	1h	$648K	$22.0M	50x	as long as short
Hyperliquid kPEPE	+0.0565%	1h	$56.5M	$52.7M	10x	as long as short
01 Exchange kPEPEUSD	+0.0656%	1h	$565	$2K	10x	as long as short
Backpack kPEPE_USDC_PERP	+0.0844%	1h	$90K	$499K	15x	as long as short
Aster 1000PEPEUSDT	+0.0845%	8h	$1.4M	$5.4M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0879%	1h	$91K	$753K	25x	as long as short
Lighter 1000PEPE	+0.0912%	1h	$627K	$4.5M	10x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.1374%	1h	$84K	$96K	25x	as long as short
Kraken Futures PF_PEPEUSD	+0.1805%	1h	$3.5M	$9.9M	50x	as long as short