PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	OrderlyPERP_1000PEPE_USDC	0.000004595	+0.0080	pay 0.0080% / 8h	6h 57m	$42K	$232K	20x	Long Orderly
SHORT	PhoenixkPEPE	0.000004599	+0.0281	get 0.0035% / 1h	57m 54s	$47K	$276K	10x	Short Phoenix

Price gap+0.094%61s

Funding gap+0.0201% /8h

Funding pays +$6 a day on $10k, but the gap is 0.056% under its 7d average: −$6 if it goes back, about 22 hours of funding. At the last 7 days' pace that is about 3.8 days.

If you open now and hold

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

Funding+$10+0.0201% /8h now · paid +0.105% over the last 7D

Price—spread +0.094%61s now · prices read too far apart to compare

Costsno datano order book for Orderly

Result, before costs—no pointsneeds both prices read together

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.105% in total, about +0.0050%/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+0.094%

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

1 ok · 3 to watch

Note: Order book unknown—
No order-book sample for Orderly: its slippage is not counted.
Note: Margin at max leverage$500 + $1,000
Orderly 20x, Phoenix 10x. 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: +$6.03Long Orderly: 3 payments, −$2.40; short Phoenix: 24 payments, +$8.43.
Watch: Prices read 61 s apart+0.094% vs +0.150%
Part of this gap may be the market moving.
Watch: Long leg is thinner$42K vs $47K OI
Orderly sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legOrderly 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+0.0050%/8h × 21 periods+$10.48

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Orderly—

Fee Orderly bp × 2 orders−$6.00

Fee Phoenix bp × 2 orders−$7.00

Net, fees only · 7 days · $10k−$2.52

price spread not counted: prices read too far apart

Costs to cover0.130%Break-even8.7 days

Slippage: Orderly: no order-book sample; Phoenix: live order book, 53 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGOrderly—————

SELL · SHORTPhoenix2.2124.7 bp−$2583.7 bp−$837doesn’t fitdoesn’t fit

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

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 ↗