PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	InjectivePEPE/USDC PERP	0.000004423	+0.0678	pay 0.0085% / 1h	57m 09s	$62K	$452K	10x	Long Injective
SHORT	PhoenixkPEPE	0.000004478	+0.0103	get 0.0013% / 1h	57m 09s	$46K	$229K	10x	Short Phoenix

Price gap+1.235%

Funding gap−0.0576% /8h

The gap pays +$109 on $10k if it goes back to its 7d average, but funding costs $17 a day and eats that in about 6.3 days.

If you open now and hold

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

Funding−$81−0.0576% /8h now · paid −0.809% over the last 7D

Price+$109spread +1.235% now, avg +0.150% → +1.086% if it goes back

Costs−$1211.213% of $10k · taker + slippage, in and out

Result−$94−0.94%no pointsWhat 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+1.235%

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

3 ok · 2 to watch

Watch: Thin at this size43.4 / 23.9 bp
At $10k entering Injective costs 43.4 bp, fee and slippage, 1.8× Phoenix’s.
Note: Margin at max leverage$1,000 + $1,000
Injective 10x, Phoenix 10x. 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: −$17.27Long Injective: 24 payments, −$20.35; short Phoenix: 24 payments, +$3.09.
OK: Entry gap works for you+1.235% vs +0.150%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$46K vs $62K OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legInjective No · Phoenix 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−0.0385%/8h × 21 periods−$80.89

Price spread+1.235% → +0.150% (7d avg)+$108.57

Slippage, 4 orderslive order books−$114.24

Fee Injective bp × 2 orders−$0.02

Fee Phoenix bp × 2 orders−$7.00

Net · 7 days · $10k−$93.58

Costs to cover1.213%Break-evennever at this rate

Slippage: Injective: live order book, 46 min ago; Phoenix: live order book, 64 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGInjective30.0643.4 bp−$43doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTPhoenix2.1323.9 bp−$2483.4 bp−$834doesn’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 ↗