PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	HyperliquidkPEPE	0.000004384	+0.0100	pay 0.0013% / 1h	44m 28s	$37.6M	$23.2M	10x	Long Hyperliquid4% off
SHORT	AZverse1000pepe_usdt	0.000004385	−0.0048	pay 0.0006% / 1h	44m 28s	$173K	$36K	—	Short AZverse

Price gap+0.018%

Funding gap−0.0148% /8h

The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 13 hours.

If you open now and hold

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

Funding−$3−0.0148% /8h now · paid −0.034% over the last 19 hours (all we have)

Price+$2spread +0.018% now, avg −0.006% → +0.024% if it goes back

Costsno datano order book for AZverse

Result, before costs−$1−0.01%+ Points / potential airdropHyperliquid: Season 2 · farm boardcosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest

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+0.018%

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

4 ok · 1 to watch

Note: Order book unknown—
No order-book sample for AZverse: its slippage is not counted.
Note: Margin at max leverage$1,000 + —
Hyperliquid 10x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$4.45Long Hyperliquid: 24 payments, −$3.00; short AZverse: 24 payments, −$1.45.
OK: Entry gap works for you+0.018% vs −0.006%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$173K vs $37.6M OI
AZverse sets your exit cost. Check its book before closing.
OK: Points on a legHyperliquid Season 2
Volume here counts toward the points program.
OK: No KYC on either legHyperliquid No · AZverse No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0141%/8h × 21 periods−$29.55

Price spread+0.018% → −0.006% (7d avg)+$2.45

Slippage, 4 ordersno data for AZverse—

Fee Hyperliquid bp × 2 orders−$9.00

Fee AZverse bp × 2 orders−$12.00

Net, fees only · 7 days · $10k−$48.10

Costs to cover0.210%Break-evennever at this rate

Slippage: Hyperliquid: live order book, 10 min ago; AZverse: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGHyperliquid1.1410.2 bp−$1012.2 bp−$12245.6 bp−$4,560170.6 bp−$85.3K

SELL · SHORTAZverse—————

Closing costs about the same again.
AZverse: no data.

PEPE news

posts that mention PEPE, from every exchangeSearch all news →

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09-24 15:00	Phoenix	Listing	new market kPEPE ($PEPE) seen by our collector
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