PEP funding rates and arbitrage
PEP perpetuals trade on 5 contracts across 5 venues, forming 10 cross-venue arbitrage pairs. By net APR the current best pair is long Bitget against short Bybit, netting 0.00%, with both legs settling on the same cadence。
PEP perpetual funding rates by venue
APR = current rate × (24 ÷ settlement interval) × 365. Venues settle on different cadences, so rates must be annualised before comparing.
| Venue | Contract | Margin | Settlement | Current rate | APR | 24h avg APR | 24h volume | Mark |
|---|---|---|---|---|---|---|---|---|
| HTX | PEP-USDT | USDT | 8h | 0.0000% | 0.00% | 0.00% | $161K | 134.295 |
| MEXC | PEPSTOCK_USDT | USDT | 8h | 0.0000% | 0.00% | 0.00% | $106K | 132.430 |
| Bybit | PEPUSDT | USDT | 8h | 0.0000% | 0.00% | 0.00% | $58K | 132.800 |
| Bitget | PEPUSDT | USDT | 8h | 0.0000% | 0.00% | 0.00% | $26K | 132.470 |
| Gate | PEP_USDT | USDT | 8h | 0.0000% | 0.00% | 0.00% | $3K | 132.760 |
PEP cross-venue arbitrage pairs
Short the higher-APR leg and go long the lower one; net APR = short leg − long leg.
| Long | Short | Net APR | Daily | 24h avg | Settlement | Liquidity |
|---|---|---|---|---|---|---|
| Bitget USDT | Bybit USDT | 0.00% | 0.0000% | 0.00% | 8h matched | $26K |
| Bitget USDT | Gate USDT | 0.00% | 0.0000% | 0.00% | 8h matched | $3K |
| Bitget USDT | HTX USDT | 0.00% | 0.0000% | 0.00% | 8h matched | $26K |
| Bitget USDT | MEXC USDT | 0.00% | 0.0000% | 0.00% | 8h matched | $26K |
| Bybit USDT | Gate USDT | 0.00% | 0.0000% | 0.00% | 8h matched | $3K |
| Bybit USDT | HTX USDT | 0.00% | 0.0000% | 0.00% | 8h matched | $58K |
| Bybit USDT | MEXC USDT | 0.00% | 0.0000% | 0.00% | 8h matched | $58K |
| Gate USDT | HTX USDT | 0.00% | 0.0000% | 0.00% | 8h matched | $3K |
| Gate USDT | MEXC USDT | 0.00% | 0.0000% | 0.00% | 8h matched | $3K |
| HTX USDT | MEXC USDT | 0.00% | 0.0000% | 0.00% | 8h matched | $106K |
Pepecoin project profile
- Total
- 102.67B
- Max supply
- 1.00B
- Type
- Token
- Market cap rank
- #1274
BKmYE8w1GEQ6khhLkvMj4ULvV4Gq7zLfJZSgsHE5pumpAbout
Pepecoin ($PEP) is the first Pepe altcoin in blockchain history. It launched on April 14, 2015, making it the original Pepe on-chain, long before later versions appeared. The project was announced on Bitcointalk with the tagline: “Pepecoin – the best coin in the memeverse – buy ur rare pepes.” Its home was pepecoin.ga, where early miners and holders gathered. With a total supply of 38,400,000 PEP and 4-minute block times, it carried the true genesis frog. The project struggled and eventually faded. In the last post of the original Bitcointalk thread, the team behind a new PepeCoin (2016) wrote: “This coin was not successful, we have launched a working version here.” From that moment, confusion blurred the timeline — but history cannot be rewritten. The first Pepe on the blockchain was this one, in 2015. In 2025, the forgotten frog returns through its original home, pepecoin.ga, marking the rebirth of the genesis Pepe — now revived to become the next great pump of the internet.
Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.
Funding rates for other coins
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