PEPE

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowPEPE-USDC	0.000004995	+0.0124	pay 0.0015% / 1h	32m 15s	$259K	$730K	40x	Long TxFlow5% off
SHORT	Phemexu1000PEPEUSDT	0.000005004	−0.3324	pay 0.3324% / 8h	5h 32m	$2.5M	$5.6M	50x	Short Phemex

Price gap+0.170%

Funding gap−0.3448% /8h

Both sides work against this direction now: funding costs $103 a day on $10k and the gap is 0.049% 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−$87−0.3448% /8h now · paid −0.869% over the last 7D

Price−$5spread +0.170% now, avg +0.219% → −0.049% if it goes back

Costs−$570.568% of $10k · taker + slippage, in and out

Result−$149−1.49%+ Points / potential airdropTxFlow: points · farm boardWhat 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 −0.869% in total, about −0.0414%/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+0.170%

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

1 ok · 5 to watch

Watch: Thin at this size7.5 / 18.6 bp
At $10k entering Phemex costs 18.6 bp, fee and slippage, 2.5× TxFlow’s.
Note: Margin at max leverage$250 + $200
TxFlow 40x, Phemex 50x. 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: −$103.43Long TxFlow: 24 payments, −$3.71; short Phemex: 3 payments, −$99.72.
Watch: Gap narrower than usual+0.170% vs +0.219%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$259K vs $2.5M OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
Watch: KYCTxFlow No · Phemex Yes
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0414%/8h × 21 periods−$86.91

Price spread+0.170% → +0.219% (7d avg)−$4.93

Slippage, 4 orderslive order books−$35.83

Fee TxFlow bp × 2 orders−$9.00

Fee Phemex bp × 2 orders−$12.00

Net · 7 days · $10k−$148.67

Costs to cover0.568%Break-evennever at this rate

Slippage: TxFlow: live order book, 60 min ago; Phemex: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow1.977.5 bp−$720.2 bp−$202doesn’t fitdoesn’t fit

SELL · SHORTPhemex2.2918.6 bp−$1953.9 bp−$539111.7 bp−$11.2Kdoesn’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 ↗