PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Polymarket PerpsKPEPE-USD	0.000004518	−0.0377	get 0.0047% / 1h	52m 32s	$230K	$716K	10x	Long Polymarket Perps
SHORT	OrderlyPERP_1000PEPE_USDC	0.000004518	+0.0078	get 0.0078% / 8h	7h 52m	$39K	$179K	20x	Short Orderly

Price gap+0.004%

Funding gap+0.0455% /8h

Both sides work: funding pays +$14 a day on $10k, and the gap is 0.048% above its 7d average: +$5 more if it goes back.

If you open now and hold

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

Funding+$8+0.0455% /8h now · paid +0.078% over the last 7D

Price+$5spread +0.004% now, avg −0.044% → +0.048% if it goes back

Costsno datano order book for Orderly

Result, before costs+$13+0.13%no pointscosts unknown: no order book for Orderly · What the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.078% in total, about +0.0037%/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+0.004%

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 · 2 to watch

Note: Order book unknown—
No order-book sample for Orderly: its slippage is not counted.
Note: Margin at max leverage$1,000 + $500
Polymarket Perps 10x, Orderly 20x. 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: +$13.65Long Polymarket Perps: 24 payments, +$11.31; short Orderly: 3 payments, +$2.34.
OK: Entry gap works for you+0.004% vs −0.044%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$39K vs $230K 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 legPolymarket Perps No · Orderly 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+0.0037%/8h × 21 periods+$7.81

Price spread+0.004% → −0.044% (7d avg)+$4.85

Slippage, 4 ordersno data for Orderly—

Fee Polymarket Perps bp × 2 orders−$8.00

Fee Orderly bp × 2 orders−$6.00

Net, fees only · 7 days · $10k−$1.34

Costs to cover0.140%Break-even8.2 days

Slippage: Polymarket Perps: live order book, 34 min ago; Orderly: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGPolymarket Perps5.4813.8 bp−$1438.2 bp−$382doesn’t fitdoesn’t fit

SELL · SHORTOrderly—————

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 ↗