PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexkPEPEUSDT	0.000004200	+0.0096	pay 0.0012% / 1h	16m 46s	$110K	$216K	50x	Long Popdex
SHORT	GatePEPE_USDT	0.000004204	−0.0089	pay 0.0089% / 8h	7h 16m	$102.6M	$14.6M	75x	Short Gate

Price gap+0.095%

Funding gap−0.0185% /8h

Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 1.080% 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−$6−0.0185% /8h now · paid −0.056% over the last 5 days (all we have)

Price−$108spread +0.095% now, avg +1.175% → −1.080% if it goes back

Costs−$570.574% of $10k · taker + slippage, in and out

Result−$171−1.71%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 5 days it paid −0.056% in total, about −0.0035%/8h on average.

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Gate price against Popdexnow

RANGE STATS · 7D

Now+0.095%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PEPE on 36 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size15.7 / 12.0 bp
At $10k entering Popdex costs 15.7 bp, fee and slippage, 1.3× Gate’s.
Note: Margin at max leverage$200 + $133
Popdex 50x, Gate 75x. 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: −$5.55Long Popdex: 24 payments, −$2.88; short Gate: 3 payments, −$2.67.
Watch: Gap narrower than usual+0.095% vs +1.175%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$110K vs $102.6M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPopdex No · Gate Yes
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0035%/8h × 21 periods−$7.38

Price spread+0.095% → +1.175% (7d avg)−$107.97

Slippage, 4 orderslive order books−$36.03

Fee Popdex bp × 2 orders−$6.40

Fee Gate bp × 2 orders−$15.00

Net · 7 days · $10k−$172.78

Costs to cover0.574%Break-evennever at this rate

Slippage: Popdex: live order book, 6 min ago; Gate: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex4.7215.7 bp−$16155.0 bp−$1,550doesn’t fitdoesn’t fit

SELL · SHORTGate2.3712.0 bp−$1217.3 bp−$17359.5 bp−$5,954doesn’t fit

Closing costs about the same again.

PEPE news

posts that mention PEPE, from every exchangeSearch all news →

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 ↗