PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Bybit1000PEPEUSDT	0.000004242	+0.0023	pay 0.0023% / 8h	2h 33m	$66.9M	$71.4M	50x	Long Bybit
SHORT	PopdexkPEPEUSDT	0.000004200	+0.0096	get 0.0012% / 1h	33m 41s	$108K	$229K	50x	Short Popdex

Price gap−0.990%

Funding gap+0.0073% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.159% above its 7d average: +$16 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$6+0.0073% /8h now · paid +0.061% over the last 6 days (all we have)

Price+$16spread −0.990% now, avg −1.149% → +0.159% if it goes back

Costs−$380.385% of $10k · taker + slippage, in and out

Result−$16−0.16%no pointsWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Popdex price against Bybitnow

RANGE STATS · 7D

Now−0.990%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEPE on 36 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

OK: Fits both order books8.1 / 11.5 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$200 + $200
Bybit 50x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$2.18Long Bybit: 3 payments, −$0.70; short Popdex: 24 payments, +$2.88.
OK: Entry gap works for you−0.990% vs −1.149%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$108K vs $66.9M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBybit Yes · Popdex No
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0037%/8h × 21 periods+$7.72

Price spread−0.990% → −1.149% (7d avg)+$15.92

Slippage, 4 orderslive order books−$21.06

Fee Bybit bp × 2 orders−$11.00

Fee Popdex bp × 2 orders−$6.40

Net · 7 days · $10k−$14.82

Costs to cover0.385%Break-even20.4 days

Slippage: Bybit: live order book, 5 min ago; Popdex: live order book, 29 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBybit1.188.1 bp−$813.8 bp−$13836.6 bp−$3,657doesn’t fit

SELL · SHORTPopdex7.0411.5 bp−$1159.0 bp−$590doesn’t fitdoesn’t fit

Closing costs about the same again.

PEPE news

posts that mention PEPE, from every exchangeSearch all news →

09-28 17:53	Phoenix	Listing	Now live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗
09-24 15:00	Phoenix	Listing	new market kPEPE ($PEPE) seen by our collector
09-23 09:30	Phemex	Other	BTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗