PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Deribit1000PEPE_USDC-PERPETUAL	0.000004520	+0.1079	pay 0.0135% / 1h	52m 33s	$296K	$24.9M	25x	Long Deribit
SHORT	GRVTKPEPE_USDT_Perp	0.000004555	+0.0100	get 0.0100% / 8h	7h 52m	$1.1M	$3.2M	10x	Short GRVT

Price gap+0.766%62s

Funding gap−0.0979% /8h

The gap pays +$67 on $10k if it goes back to its 7d average, but funding costs $29 a day and eats that in about 2.3 days.

If you open now and hold

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

Funding+$2−0.0979% /8h now · paid +0.020% over the last 7D

Price—spread +0.766%62s now · prices read too far apart to compare

Costs−$430.434% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.020% in total, about +0.0010%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.766%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEPE on 39 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

OK: Fits both order books9.0 / 12.3 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$400 + $1,000
Deribit 25x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$29.38Long Deribit: 24 payments, −$32.38; short GRVT: 3 payments, +$3.00.
Watch: Prices read 62 s apart+0.766% vs +0.092%
Part of this gap may be the market moving.
Watch: Long leg is thinner$296K vs $1.1M OI
Deribit sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
Watch: KYCDeribit Yes · GRVT No
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0010%/8h × 21 periods+$2.02

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$27.45

Fee Deribit bp × 2 orders−$7.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k−$41.43

price spread not counted: prices read too far apart

Costs to cover0.434%Break-even150.5 days

Slippage: Deribit: live order book, 5 min ago; GRVT: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit5.499.0 bp−$916.5 bp−$165doesn’t fitdoesn’t fit

SELL · SHORTGRVT5.3712.3 bp−$12doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

PEPE news

posts that mention PEPE, from every exchangeSearch all news →

10-28 16:00	OKX	Other	Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
10-22 06:00	KuCoin	Other	Fresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗
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 ↗