PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SoDEX1000PEPE-USD	0.000004519	+0.0485	pay 0.0061% / 1h	51m 38s	$6K	$372K	10x	Long SoDEX
SHORT	PhoenixkPEPE	0.000004529	+0.0281	get 0.0035% / 1h	51m 38s	$46K	$277K	10x	Short Phoenix

Price gap+0.221%

Funding gap−0.0204% /8h

The gap pays +$17 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 2.7 days. At the last 7 days' pace that is about 13 days.

If you open now and hold

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

Funding−$9−0.0204% /8h now · paid −0.090% over the last 7D

Price+$17spread +0.221% now, avg +0.053% → +0.168% if it goes back

Costs−$750.754% of $10k · taker + slippage, in and out

Result−$68−0.68%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 −0.090% in total, about −0.0043%/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+0.221%

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

3 ok · 2 to watch

Watch: Thin at this size12.9 / 25.0 bp
At $10k entering Phoenix costs 25.0 bp, fee and slippage, 1.9× SoDEX’s.
Note: Margin at max leverage$1,000 + $1,000
SoDEX 10x, Phoenix 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: −$6.13Long SoDEX: 24 payments, −$14.56; short Phoenix: 24 payments, +$8.43.
OK: Entry gap works for you+0.221% vs +0.053%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$6K vs $46K OI
SoDEX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legSoDEX No · Phoenix 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−0.0043%/8h × 21 periods−$9.04

Price spread+0.221% → +0.053% (7d avg)+$16.82

Slippage, 4 orderslive order books−$60.44

Fee SoDEX bp × 2 orders−$8.00

Fee Phoenix bp × 2 orders−$7.00

Net · 7 days · $10k−$67.66

Costs to cover0.754%Break-evennever at this rate

Slippage: SoDEX: live order book, 31 min ago; Phoenix: live order book, 65 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSoDEX1.1012.9 bp−$13doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTPhoenix2.2525.0 bp−$2584.5 bp−$845doesn’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 ↗