PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixkPEPE	0.000004599	+0.0281	pay 0.0035% / 1h	56m 47s	$47K	$276K	10x	Long Phoenix
SHORT	Kraken FuturesPF_PEPEUSD	0.000004600	+0.0157	get 0.0020% / 1h	56m 47s	$2.6M	$15.6M	50x	Short Kraken Futures

Price gap+0.024%

Funding gap−0.0124% /8h

The gap pays +$17 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 4.5 days.

If you open now and hold

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

Funding−$16−0.0124% /8h now · paid −0.160% over the last 7D

Price+$17spread +0.024% now, avg −0.142% → +0.166% if it goes back

Costs−$1031.026% of $10k · taker + slippage, in and out

Result−$102−1.02%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+0.024%

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 · 3 to watch

Watch: Thin at this size24.6 / 23.1 bp
At $10k entering Phoenix costs 24.6 bp, fee and slippage, 1.1× Kraken Futures’s.
Note: Margin at max leverage$1,000 + $200
Phoenix 10x, Kraken Futures 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: −$3.71Long Phoenix: 24 payments, −$8.43; short Kraken Futures: 24 payments, +$4.72.
OK: Entry gap works for you+0.024% vs −0.142%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$47K vs $2.6M OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPhoenix No · Kraken Futures Yes
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−0.0076%/8h × 21 periods−$16.05

Price spread+0.024% → −0.142% (7d avg)+$16.57

Slippage, 4 orderslive order books−$85.63

Fee Phoenix bp × 2 orders−$7.00

Fee Kraken Futures bp × 2 orders−$10.00

Net · 7 days · $10k−$102.11

Costs to cover1.026%Break-evennever at this rate

Slippage: Phoenix: live order book, 55 min ago; Kraken Futures: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix2.2124.6 bp−$2581.1 bp−$811doesn’t fitdoesn’t fit

SELL · SHORTKraken Futures17.8923.1 bp−$2338.3 bp−$383168.2 bp−$16.8Kdoesn’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 ↗