# Pepe (PEPE) Live Funding Rate
Real-time PEPE perpetual futures funding rate across Binance, Bybit, OKX,
and Hyperliquid. Updated every 5 minutes.
[fa-coin-live coin=”PEPE”]
## What is Pepe Funding Rate?
Pepe (PEPE) is one of the top 3 meme coins by market cap, themed around
the iconic Pepe the Frog meme. PEPE perpetuals launched in mid-2023 and
are now available on all major CEXes plus several DEXes.
PEPE funding tends to be **very high and erratic** (30-100% APR) because:
– Pure retail speculation with no utility
– Frequent list/delisting drama on smaller exchanges
– Massive volume spikes during viral moments
## Current PEPE Funding Rate by Exchange
| Exchange | Funding (8h) | APR |
|———-|————–|—–|
| Binance | +0.0250% | +34.1% APR |
| Bybit | +0.0280% | +38.2% APR |
| OKX | +0.0230% | +31.4% APR |
| Hyperliquid | +0.0100% (1h) | ~88% APR compounding |
## PEPE Historical Funding Rate (Last 30 Days)
[fa-coin-chart coin=”PEPE” days=”30″]
## How to Trade PEPE Funding Rate
**High-APR delta-neutral:**
PEPE’s high funding makes it attractive for short-side harvesters.
Strategy: spot-short via DEX, perpetual-long on CEX. Capture the
funding premium (30-100% APR) with hedged exposure.
**Funding flip signals:**
PEPE funding flips sign 3-5x per month. Track these as sentiment
indicators — extreme positive funding typically precedes sharp
reversals.
## PEPE Funding Rate FAQs
### Why is PEPE funding so volatile?
No utility, pure speculation, and concentrated whale activity create
rapid directional shifts.
### Is PEPE funding rate sustainable?
No. PEPE funding rates can collapse to near-zero during quiet periods.
The high APR is not constant.
## Other PEPE Resources
– [Pepe on CoinGecko](https://www.coingecko.com/en/coins/pepe)
– [PEPE Funding Rate Screener](/funding-rate-screener/?coin=PEPE)
### Related Pages
**Learn the basics:**
– [What Is Funding Rate in Crypto? Complete 2026 Guide](/what-is-funding-rate-crypto-guide/)
– [Top 5 Funding Rate Arbitrage Strategies](/top-funding-rate-arbitrage-strategies-2026/)
– [Hyperliquid vs dYdX vs GMX Comparison](/hyperliquid-vs-dydx-vs-gmx/)
**Track on other exchanges:**
– [Hyperliquid Funding Rates](/hyperliquid-funding-rates/)
– [dYdX Funding Rates](/dydx-funding-rates/)
– [GMX Funding Rates](/gmx-funding-rates/)
– [Kraken Funding Rates](/kraken-funding-rates/)
– [KuCoin Funding Rates](/kucoin-funding-rates/)
**Compare with similar coins:**
– [Hyperliquid (HYPE) Funding Rate](/hyperliquid-hype-funding-rate/)
– [Sui (SUI) Funding Rate](/sui-funding-rate/)
– [Arbitrum (ARB) Funding Rate](/arbitrum-arb-funding-rate/)
– [Optimism (OP) Funding Rate](/optimism-op-funding-rate/)
—
## Disclaimer
Memecoin funding rates are extremely volatile and can result in
total loss. Not financial advice.
👉 See the live OP funding rate page for full cross-exchange data.