PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexkPEPEUSDT	0.000004300	+0.0096	pay 0.0012% / 1h	43m 00s	$112K	$215K	50x	Long Popdex
SHORT	Kraken FuturesPF_PEPEUSD	0.000004333	+0.0168	get 0.0021% / 1h	43m 00s	$3.3M	$3.3M	50x	Short Kraken Futures

Price gap+0.765%

Funding gap+0.0072% /8h

Funding pays +$2 a day on $10k, but the gap is 0.443% under its 7d average: −$44 if it goes back, about 20 days of funding.

Funding on this pair cost 0.104% over the last 7 days: the rate has only just turned.

If you open now and hold

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

Funding−$10+0.0072% /8h now · paid −0.104% over the last 5 days (all we have)

Price−$44spread +0.765% now, avg +1.208% → −0.443% if it goes back

Costs−$570.573% of $10k · taker + slippage, in and out

Result−$112−1.12%no pointsWhat the last 7D really paid, hour by hour → backtest

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

Kraken Futures price against Popdexnow

RANGE STATS · 7D

Now+0.765%

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

1 ok · 4 to watch

Watch: Thin at this size16.0 / 11.6 bp
At $10k entering Popdex costs 16.0 bp, fee and slippage, 1.4× Kraken Futures’s.
Note: Margin at max leverage$200 + $200
Popdex 50x, 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: +$2.16Long Popdex: 24 payments, −$2.88; short Kraken Futures: 24 payments, +$5.04.
Watch: Gap narrower than usual+0.765% vs +1.208%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$112K vs $3.3M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPopdex 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−0.0066%/8h × 21 periods−$13.88

Price spread+0.765% → +1.208% (7d avg)−$44.27

Slippage, 4 orderslive order books−$40.94

Fee Popdex bp × 2 orders−$6.40

Fee Kraken Futures bp × 2 orders−$10.00

Net · 7 days · $10k−$115.49

Costs to cover0.573%Break-evennever at this rate

Slippage: Popdex: live order book, 49 min ago; Kraken Futures: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex4.5816.0 bp−$16143.6 bp−$1,436doesn’t fitdoesn’t fit

SELL · SHORTKraken Futures2.8911.6 bp−$1217.3 bp−$17359.9 bp−$5,986doesn’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 ↗