PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_PEPEUSD	0.000004282	+0.0170	pay 0.0021% / 1h	36m 09s	$3.3M	$3.2M	50x	Long Kraken Futures
SHORT	PopdexkPEPEUSDT	0.000004200	+0.0096	get 0.0012% / 1h	36m 09s	$109K	$215K	50x	Short Popdex

Price gap−1.916%

Funding gap−0.0074% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.723% under its 7d average. Swap the legs.

Funding on this pair paid 0.104% over the last 7 days: the rate has only just turned.

If you open now and hold

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

Funding+$10−0.0074% /8h now · paid +0.104% over the last 5 days (all we have)

Price−$72spread −1.916% now, avg −1.193% → −0.723% if it goes back

Costs−$690.685% of $10k · taker + slippage, in and out

Result−$130−1.30%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 Kraken Futuresnow

RANGE STATS · 7D

Now−1.916%

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

1 ok · 4 to watch

Watch: Thin at this size19.3 / 16.8 bp
At $10k entering Kraken Futures costs 19.3 bp, fee and slippage, 1.2× Popdex’s.
Note: Margin at max leverage$200 + $200
Kraken Futures 50x, Popdex 50x. 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: −$2.22Long Kraken Futures: 24 payments, −$5.10; short Popdex: 24 payments, +$2.88.
Watch: Gap narrower than usual−1.916% vs −1.193%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$109K vs $3.3M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCKraken Futures Yes · Popdex No
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0066%/8h × 21 periods+$13.87

Price spread−1.916% → −1.193% (7d avg)−$72.27

Slippage, 4 orderslive order books−$52.12

Fee Kraken Futures bp × 2 orders−$10.00

Fee Popdex bp × 2 orders−$6.40

Net · 7 days · $10k−$126.93

Costs to cover0.685%Break-even71.1 days

Slippage: Kraken Futures: live order book, 3 min ago; Popdex: live order book, 56 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKraken Futures9.9219.3 bp−$1924.6 bp−$24677.2 bp−$7,721doesn’t fit

SELL · SHORTPopdex4.5816.8 bp−$17234.4 bp−$2,344doesn’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 ↗