PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixkPEPE	0.000004599	+0.0281	pay 0.0035% / 1h	57m 35s	$47K	$276K	10x	Long Phoenix
SHORT	Phemexu1000PEPEUSDT	0.000004616	−0.0650	pay 0.0650% / 8h	6h 57m	$2.3M	$7.9M	50x	Short Phemex

Price gap+0.363%

Funding gap−0.0930% /8h

The gap pays +$39 on $10k if it goes back to its 7d average, but funding costs $28 a day and eats that in about 34 hours. At the last 7 days' pace that is about 2 months.

If you open now and hold

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

Funding−$4−0.0930% /8h now · paid −0.043% over the last 7D

Price+$39spread +0.363% now, avg −0.030% → +0.393% if it goes back

Costs−$960.963% of $10k · taker + slippage, in and out

Result−$61−0.61%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.043% in total, about −0.0021%/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+0.363%

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 · 4 to watch

Watch: Thin at this size24.6 / 19.5 bp
At $10k entering Phoenix costs 24.6 bp, fee and slippage, 1.3× Phemex’s.
Note: Margin at max leverage$1,000 + $200
Phoenix 10x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$27.91Long Phoenix: 24 payments, −$8.43; short Phemex: 3 payments, −$19.49.
OK: Entry gap works for you+0.363% vs −0.030%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$47K vs $2.3M OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPhoenix No · Phemex Yes
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0021%/8h × 21 periods−$4.33

Price spread+0.363% → −0.030% (7d avg)+$39.27

Slippage, 4 orderslive order books−$77.29

Fee Phoenix bp × 2 orders−$7.00

Fee Phemex bp × 2 orders−$12.00

Net · 7 days · $10k−$61.35

Costs to cover0.963%Break-evennever at this rate

Slippage: Phoenix: live order book, 54 min ago; Phemex: live order book, 5 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 · SHORTPhemex6.5319.5 bp−$2053.5 bp−$535118.1 bp−$11.8Kdoesn’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 ↗