PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhoenixkPEPE	0.000004634	+0.0313	pay 0.0039% / 1h	11m 15s	$47K	$306K	10x	Long Phoenix
SHORT	Polymarket PerpsKPEPE-USD	0.000004616	−0.0435	pay 0.0054% / 1h	11m 15s	$234K	$889K	10x	Short Polymarket Perps

Price gap−0.388%

Funding gap−0.0748% /8h

Both sides work against this direction now: funding costs $22 a day on $10k and the gap is 0.282% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$19−0.0748% /8h now · paid −0.190% over the last 7D

Price−$28spread −0.388% now, avg −0.107% → −0.282% if it goes back

Costs−$760.764% of $10k · taker + slippage, in and out

Result−$124−1.24%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 −0.190% in total, about −0.0091%/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−0.388%

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 size26.2 / 13.5 bp
At $10k entering Phoenix costs 26.2 bp, fee and slippage, 1.9× Polymarket Perps’s.
Note: Margin at max leverage$1,000 + $1,000
Phoenix 10x, Polymarket Perps 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: −$22.44Long Phoenix: 24 payments, −$9.39; short Polymarket Perps: 24 payments, −$13.05.
Watch: Gap narrower than usual−0.388% vs −0.107%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$47K vs $234K 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 legPhoenix No · Polymarket Perps 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−0.0091%/8h × 21 periods−$19.02

Price spread−0.388% → −0.107% (7d avg)−$28.15

Slippage, 4 orderslive order books−$61.36

Fee Phoenix bp × 2 orders−$7.00

Fee Polymarket Perps bp × 2 orders−$8.00

Net · 7 days · $10k−$123.53

Costs to cover0.764%Break-evennever at this rate

Slippage: Phoenix: live order book, 35 min ago; Polymarket Perps: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhoenix4.2926.2 bp−$2681.7 bp−$817doesn’t fitdoesn’t fit

SELL · SHORTPolymarket Perps6.4813.5 bp−$1423.1 bp−$231doesn’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 ↗