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Pepe Perpetual Futures

Pepe Perpetual Futures — Live Data

Market Overview

PEPE is an Ethereum-based memecoin that has become one of the most traded derivatives among memecoins. PEPE perpetual futures are characterized by high volatility, extreme funding rate swings, and sharp liquidation cascades. PEPE perps are best suited for short-term trading with tight risk management due to the asset's unpredictable price action.

PEPE Perps Data — Memecoin Category

This page displays perpetual futures data for memecoin tokens, tracking volume surges, open interest explosions, funding rate extremes, and liquidation cascades in real time. Memecoin perps are uniquely important to monitor because funding rates can spike to extreme levels within hours, creating costly carry for leveraged positions and signaling imminent reversals. Open interest data reveals when speculative positioning reaches unsustainable levels — memecoins frequently see 50%+ OI drops during liquidation events. The volume and liquidation charts help traders identify the exact moments when viral momentum converts to forced selling.

Trading Tips for Pepe Perps

PEPE can move 20-30% in hours during memecoin cycles. Use isolated margin exclusively, keep position sizes small, and set stops immediately after entry. Avoid holding PEPE perps overnight during high-funding periods — the cost compounds quickly.

Where to Trade Pepe Perpetual Futures

Pepe perpetual futures are available on 11 exchanges. Compare fees, leverage, and features below to find the best platform for trading PEPE perps.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Maker Fee
0.015%
Taker Fee
0.045%
Max Leverage
50x
Rating
9.2/5
dYdX logo
dYdX
dYdX Chain (Cosmos)
Maker Fee
0.010%
Taker Fee
0.050%
Max Leverage
100x
Rating
9.0/5
Kwenta logo
Kwenta
Base, Optimism
Maker Fee
0.020%
Taker Fee
0.060%
Max Leverage
100x
Rating
8.4/5
Gains Network logo
Gains Network
Arbitrum, Polygon, Base
Maker Fee
0.080%
Taker Fee
0.080%
Max Leverage
1000x
Rating
8.0/5
Maker Fee
0.010%
Taker Fee
0.035%
Max Leverage
50x
Rating
8.0/5
Maker Fee
-0.003%
Taker Fee
0.035%
Max Leverage
20x
Rating
8.0/5
Maker Fee
0.010%
Taker Fee
0.020%
Max Leverage
100x
Rating
7.8/5
Orderly Network logo
Orderly Network
NEAR, Arbitrum, Optimism, Base, Polygon, Ethereum, Mantle, Avalanche, Solana, SEI
Maker Fee
Free
Taker Fee
0.030%
Max Leverage
50x
Rating
7.8/5
DESK logo
DESK
Arbitrum, Base
Maker Fee
-0.010%
Taker Fee
0.017%
Max Leverage
1000x
Rating
7.8/5
Aevo logo
Aevo
Aevo L2
Maker Fee
0.050%
Taker Fee
0.080%
Max Leverage
20x
Rating
7.5/5
Aster logo
Aster
Arbitrum
Maker Fee
0.005%
Taker Fee
0.040%
Max Leverage
100x
Rating
7.5/5

Frequently Asked Questions — Pepe

What is the current PEPE perpetual futures funding rate?
The live Pepe funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing PEPE perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest PEPE perp trading fees?
The cost comparison table above estimates total trading costs (maker/taker fees plus slippage) for a $100,000 PEPE perpetual futures trade across all major exchanges. Compare fees for PEPE perps on both centralized and decentralized platforms to find the most cost-effective venue.
How does Pepe open interest compare across exchanges?
Pepe open interest is broken down by exchange in the chart above, showing the total value of outstanding PEPE derivative contracts on each platform. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the PEPE long/short ratio indicate?
The Pepe long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
Where can I trade PEPE perpetual futures?
Pepe perps are currently listed on 11 exchanges. See the "Where to Trade" section above for a full comparison of fees, leverage limits, and direct trading links for each platform.

Category: Memecoin · Data updates every 2 minutes · All rates shown are annualized