# PEPE funding rates and arbitrage

Updated 2026-10-30 06:54 UTC · https://afterfees.xyz/coin/PEPE

## Best PEPE arbitrage after every cost

| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| [PEPE](https://afterfees.xyz/coin/PEPE) | Perp ↔ perp | [Bitget](https://afterfees.xyz/venues/bitget) PEPEUSDT | [MEXC](https://afterfees.xyz/venues/mexc) PEPE_USDT | +$4.61 | +2.4% | $1.2K | Watch |
| [PEPE](https://afterfees.xyz/coin/PEPE) | Perp ↔ perp | [Bitget](https://afterfees.xyz/venues/bitget) PEPEUSDT | [BingX](https://afterfees.xyz/venues/bingx) 1000PEPE-USDT | −$1.82 | −0.9% | $1.7K | Watch |

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## PEPE funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [ApeX](https://afterfees.xyz/venues/apex) | 1000PEPE-USDT | 0.0164% | 1 h | +143.6% | +8.1% | $195.5K | 2026-10-30 07:00 |
| [HTX](https://afterfees.xyz/venues/htx) | PEPE-USDT | 0.1064% | 8 h | +116.5% | +11.2% | $493.1K | 2026-10-30 08:00 |
| [Nado](https://afterfees.xyz/venues/nado) | kPEPE-PERP_USDT0 | 0.0098% | 1 h | +86.2% | — | $150.2K | 2026-10-30 07:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_PEPEUSD | 0.0094% | 1 h | +82.4% | −0.0% | $3.5M | 2026-10-30 07:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | PEPEUSD-PERP | 0.0088% | 1 h | +76.7% | −0.2% | $77.6K | 2026-10-30 07:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | kPEPE | 0.0085% | 1 h | +74.4% | +10.3% | $68.3M | 2026-10-30 07:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | 1000PEPE | 0.0048% | 1 h | +42.0% | +10.3% | $931.5K | 2026-10-30 07:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | PEPE-USDC | 0.0016% | 1 h | +14.4% | — | $95.7K | 2026-10-30 07:00 |
| [Extended](https://afterfees.xyz/venues/extended) | 1000PEPE-USD | 0.0013% | 1 h | +11.4% | +8.3% | $94.7K | 2026-10-30 07:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | PEPE_USDT | 0.0100% | 8 h | +10.9% | +8.0% | $99.3M | 2026-10-30 08:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | kPEPE | 0.0013% | 1 h | +10.9% | +10.9% | $61.6K | 2026-10-30 07:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | PEPE_PERP | 0.0100% | 8 h | +10.9% | +11.0% | $8.6M | 2026-10-30 08:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | PEPEUSDT | 0.0100% | 8 h | +10.9% | — | — | 2026-10-30 08:00 |
| [Variational](https://afterfees.xyz/venues/variational) | 1000PEPE-PERP | 0.0100% | 8 h | +10.9% | — | $464.2K | 2026-10-30 08:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | 1000PEPEUSDT | 0.0100% | 8 h | +10.9% | +3.3% | $74.7M | 2026-10-30 08:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | 1000PEPE-USDT | 0.0100% | 8 h | +10.9% | +8.6% | $20M | 2026-10-30 08:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | 1000PEPEUSDC | 0.0100% | 8 h | +10.9% | +4.9% | — | 2026-10-30 08:00 |
| [Binance](https://afterfees.xyz/venues/binance) | 1000PEPEUSDT | 0.0100% | 8 h | +10.9% | +8.0% | $114M | 2026-10-30 08:00 |
| [Aster](https://afterfees.xyz/venues/aster) | 1000PEPEUSDT | 0.0100% | 8 h | +10.9% | +9.4% | $641.4K | 2026-10-30 08:00 |
| [Gate](https://afterfees.xyz/venues/gate) | PEPE_USDT | 0.0095% | 8 h | +10.4% | +0.4% | $73.6M | 2026-10-30 08:00 |
| [dYdX](https://afterfees.xyz/venues/dydx) | PEPE-USD | 0.0000% | 1 h | 0.0% | 0.0% | $21.7K | 2026-10-30 07:00 |
| [Bitfinex](https://afterfees.xyz/venues/bitfinex) | tPEPEF0:USTF0 | 0.0000% | 8 h | 0.0% | — | $433.2K | 2026-10-30 08:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | 1000PEPEUSDT | -0.0098% | 8 h | −10.8% | +13.1% | — | 2026-10-30 08:00 |
| [Coinbase Derivatives](https://afterfees.xyz/venues/coinbaseus) | PEP-20DEC30-CDE | -0.0015% | 1 h | −13.1% | — | $627.8K | 2026-10-30 07:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | PEPE-USDT | -0.0219% | 8 h | −24.0% | +18.3% | $4.3M | 2026-10-30 08:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | PEPEUSDTM | -0.0301% | 8 h | −33.0% | +3.3% | $21.1M | 2026-10-30 08:00 |
| [OKX](https://afterfees.xyz/venues/okx) | PEPE-USDT-SWAP | -0.0554% | 8 h | −60.7% | +5.7% | $45.5M | 2026-10-30 08:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | PEPEUSDT | -0.0716% | 8 h | −78.4% | −7.9% | $36.8M | 2026-10-30 08:00 |

## Borrow PEPE to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| OKX | 1.01% | — |
| Bybit | 1.49% | — |
| Binance | 1.90% | — |
| Bitget | 2.26% | — |
| Gate | 12.52% | $600K |

## Cost to enter $10,000 of PEPE

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | PEPE_USDT | 3.2 bp | live order book |
| Lighter | 1000PEPE | 6.1 bp | order-book snapshot, 41 min old |
| BingX | 1000PEPE-USDT | 6.1 bp | live order book |
| Extended | 1000PEPE-USD | 6.5 bp | order-book snapshot, 35 min old |
| Binance | 1000PEPEUSDT | 7.1 bp | live order book |
| Bybit | 1000PEPEUSDT | 8.8 bp | live order book |
| Hyperliquid | kPEPE | 9.9 bp | live order book |
| BloFin | PEPE-USDT | 12.2 bp | live order book |
| Bitget | PEPEUSDT | 12.4 bp | live order book |
| ApeX | 1000PEPE-USDT | 13.4 bp * | order-book snapshot, 51 min old |
| Aster | 1000PEPEUSDT | 13.6 bp | order-book snapshot, 50 min old |
| Nado | kPEPE-PERP_USDT0 | 14.1 bp | order-book snapshot, 39 min old |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## More on PEPE

- [Borrow PEPE: rates on every exchange](https://afterfees.xyz/borrow/PEPE)

## Questions

**Is PEPE funding-rate arbitrage profitable right now?**

Not at the full size. At $10,000 per side for 7 days the best PEPE pair (Bitget / MEXC) would net +$4.61 after taker fees, order-book slippage and carry, but only up to $1.2K fits within the slippage budget and its size limits, so it is on watch rather than actionable.

**Which exchange has the highest PEPE funding rate?**

ApeX at +143.6% a year (0.0164% every 1 h); the lowest is Bitget at −78.4%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._