Pepe funding rate: crowded long or short?
According to EnsoTrade, PEPE funding is -0.0097%/8h — shorts are paying longs (-0.0098%/8h), a crowded-short tilt.
Source: EnsoTrade · as of 2026-10-15T04:10:00Z · 15-min delayed (real-time free with a 3-day trial).
PEPE funding & positioning
| Funding rate (8h) | -0.00975% |
|---|
| Crowding | shorts are paying longs (-0.0098%/8h), a crowded-short tilt |
|---|
| Open interest | $25.94M |
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| Perp basis | -0.1016% |
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See Pepe funding live on EnsoTrade →
How to read Pepe funding
A positive funding rate means Pepe longs pay shorts (crowded long); negative means shorts pay longs (crowded short). Pair it with order flow and why Pepe is moving: crowding only matters when price stops rewarding the crowd.
FAQ
- What is the Pepe funding rate right now?
- According to EnsoTrade, PEPE funding is -0.0097%/8h — shorts are paying longs (-0.0098%/8h), a crowded-short tilt.
- Is Pepe crowded long or short?
- Pepe: shorts are paying longs (-0.0098%/8h), a crowded-short tilt.
- What is Pepe perp basis?
- Pepe perp basis is -0.1016% (futures below spot, fear or short demand).
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