PEPE Funding Rate History — Settled Payments by Exchange
| Exchange | Settlements | Total Paid | Average APR | Largest | Smallest | Last Settled |
|---|---|---|---|---|---|---|
 dYdX | 720 | +3.1408% | +38.24% | +0.2105% | -0.0016% | 2026-09-23 19:00 UTC |
 BloFin | 90 | +1.5294% | +18.62% | +0.0473% | -0.0021% | 2026-09-23 16:00 UTC |
 HTX | 90 | +0.9000% | +10.96% | +0.0100% | +0.0100% | 2026-09-23 16:00 UTC |
 Pionex | 90 | +0.7493% | +9.12% | +0.0687% | -0.0155% | 2026-09-23 16:00 UTC |
 MEXC | 90 | +0.7145% | +8.70% | +0.0696% | -0.0182% | 2026-09-23 16:00 UTC |
 KuCoin | 90 | +0.6316% | +7.69% | +0.0148% | -0.0132% | 2026-09-23 16:00 UTC |
 Gate.io | 90 | +0.5461% | +6.65% | +0.0100% | -0.0298% | 2026-09-23 16:00 UTC |
 Bitget | 90 | +0.5276% | +6.42% | +0.0238% | -0.0257% | 2026-09-23 16:00 UTC |
 OKX | 90 | +0.4775% | +5.81% | +0.0352% | -0.0156% | 2026-09-23 16:00 UTC |
What the PEPE funding rate means
What PEPE actually paid over the last 30 days: 1,440 settlements across 9 venues, broken down venue by venue. These are settled payments — the amount an exchange actually charged or credited each funding interval — not the rate currently quoted for the next payment. dYdX paid the most over the window at +3.1408% of position size.
A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 48% of the 1,440 settlements recorded here, meaning longs paid shorts that often.
Over the window, settled totals ranged from +3.1408% on dYdX to +0.4775% on OKX — the gap between them is what a delta-neutral position collecting on both legs would have captured before fees and slippage. Verify the live version of this spread on the ORBIT funding screener before sizing a trade: settled history shows what already happened, not what will happen next.
Frequently asked questions
- Is the PEPE funding rate a live quote or an actual payment?
- A funding rate quoted right now is a forecast of the next payment; what a position actually earned is the sum of payments that already settled. Two venues can quote a similar rate and still pay very differently over a month, because they settle on different schedules and compute the rate from their own order book rather than a shared index. The rate was positive in 48% of the 1,440 settlements recorded here.
- Which exchange has paid the most settled PEPE funding recently?
- dYdX paid the most over the last 30 days at +3.1408% of position size across 720 settlements, an average annualized rate of +38.24%. This is a sum of actual payments, not a forecast.
- How often is PEPE funding actually paid?
- Over the last 30 days, ORBIT recorded 1,440 funding settlements for PEPE across 9 venues. Settlement schedules differ by venue — some pay hourly, others every 4 or 8 hours — so the number of payments per venue in the table above is not the same for all of them.