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.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
HTXPEP-USDTUSDT8h0.0000%0.00%0.00%$161K134.295
MEXCPEPSTOCK_USDTUSDT8h0.0000%0.00%0.00%$106K132.430
BybitPEPUSDTUSDT8h0.0000%0.00%0.00%$58K132.800
BitgetPEPUSDTUSDT8h0.0000%0.00%0.00%$26K132.470
GatePEP_USDTUSDT8h0.0000%0.00%0.00%$3K132.760

PEP cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg − long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Bitget USDTBybit USDT0.00%0.0000%0.00%8h matched$26K
Bitget USDTGate USDT0.00%0.0000%0.00%8h matched$3K
Bitget USDTHTX USDT0.00%0.0000%0.00%8h matched$26K
Bitget USDTMEXC USDT0.00%0.0000%0.00%8h matched$26K
Bybit USDTGate USDT0.00%0.0000%0.00%8h matched$3K
Bybit USDTHTX USDT0.00%0.0000%0.00%8h matched$58K
Bybit USDTMEXC USDT0.00%0.0000%0.00%8h matched$58K
Gate USDTHTX USDT0.00%0.0000%0.00%8h matched$3K
Gate USDTMEXC USDT0.00%0.0000%0.00%8h matched$3K
HTX USDTMEXC USDT0.00%0.0000%0.00%8h matched$106K

Pepecoin project profile

Key facts
Total
102.67B
Max supply
1.00B
Type
Token
Market cap rank
#1274
Solana EcosystemMemeSolana MemePump.fun EcosystemThe Boy’s Club
Contract addresses
solanaBKmYE8w1GEQ6khhLkvMj4ULvV4Gq7zLfJZSgsHE5pump
About

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

Snapshot taken 2026-10-19 15:44 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.