Volume Monitor
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PEPE live: funding rate, open interest, liquidations & volume spikes

PEPE trades on 8 exchanges tracked by Volume Monitor (Binance, Bitget, Bybit, Gate, HTX, Hyperliquid, KuCoin and MEXC) across 9 perpetual futures and 3 spot markets. The last price is 0.0000043656 USDT on MEXC, and 24h volume is $477.81M ($448.14M perps, $29.67M spot). Perpetual open interest totals $400.56M. The OI-weighted funding rate is -0.0006% per 8h (≈-1% APR), so shorts pay longs. $151K of PEPE positions were liquidated on Binance, Bybit, Bitget, Gate and HTX in the last 4 hours (since tracking began), 86% longs and 14% shorts. The scanner flagged 42 volume spikes on PEPE since it started.

Tracking for ~4h Updates every 5 s MarketsLong/shortSpikesLiquidations

PriceMexc perp
0.0000043656
1h — 24h —
24h volumespot + perp
$477.81M
Perp $448.14MSpot $29.67M
Open interest9 perps
$400.56M
1h — 24h —
Funding, 8hOI-weighted
-0.0006%
≈-1% APRshorts pay longs
Liquidations 24hpartial
$151K
Longs $130KShorts $21K
Volume spikes 24hpartial
42
Net spike flow-$3.17M

PEPE markets: funding rate & open interest by exchange

Funding as 8h equivalent (hover for APR) · OI changes need history
Market Price 1h 24h 24h volume Funding 8h Open interest OI 1h OI 4h OI 24h Trade
MEXC perp PEPE_USDT 0.0000043656 — — $81.31M -0.0012% $113.71M — — — Trade
Binance perp 1000PEPEUSDT 0.004366 -0.05% — $225.85M -0.0013% $93.82M -0.65% — — Trade
Gate perp PEPE_USDT 0.0000043620 — — $11.93M -0.0107% $53.90M — — — Trade
Hyperliquid perp kPEPE 0.004366 -0.09% — $15.77M 0.0100% $39.52M +0.09% — — Trade
Bybit perp 1000PEPEUSDT 0.004363 -0.07% — $50.40M -0.0108% $37.77M -1.01% — — Trade
Bitget perp PEPEUSDT 0.0000043672 -0.06% — $27.49M 0.0100% $37.57M +0.05% — — Trade
KuCoin perp PEPEUSDTM 0.0000043594 — — $24.28M 0.0100% $20.15M — — — Trade
Binance perp 1000PEPEUSDC 0.004364 -0.06% — $9.56M 0.0100% $3.49M -1.09% — — Trade
HTX perp PEPE-USDT 0.0000043654 -0.02% — $1.53M 0.0100% $636K +0.41% — — Trade
Binance spot PEPEUSDT 0.0000043700 -0.23% — $24.55M — — — — — Trade
Bybit spot PEPEUSDT 0.0000043670 -0.02% — $3.55M — — — — — Trade
Binance spot PEPEUSDC 0.0000043600 0.00% — $1.57M — — — — — Trade

Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (~4h ago), so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links.

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PEPE long/short ratio

All coins' long/short ratios →
Binance accounts
67.1% longRatio 2.04
Short 32.9%1h -0.14h -0.124h +0.2
Binance top traders
68.4% longRatio 2.16
Short 31.6%1h +0.74h -0.124h -0.1
Bybit accounts
79.8% longRatio 3.95
Short 20.2%1h +0.34h +0.324h +0.5
Binance accountsBinance top tradersBybit accounts50% = even

Share of longs; changes in percentage points (pp). Accounts = share of accounts with a net long position; top traders = share of the combined position of Binance's top 20% of traders by margin that is long. New points every 5 minutes; 24h history backfilled from the exchanges.

Spikes on record42
Buy-side12
Mixed10
Sell-side20
Time Venue Type Side $ in 1m × normal Buy % +5m +15m +1h
1m ago BYB perp VOL BUY $81K 4.2× 90% ———
14m ago BIN spot VOL BUY $33K 4.8× 72% -0.23%——
17m ago BYB perp VOL SELL $174K 9.2× 20% +0.23%+0.23%—
20m ago BYB spot VOL BUY $34K 39.1× 87% -0.05%+0.14%—
21m ago BIN spot VOL MIXED $82K 11.9× 60% 0.00%+0.23%—
22m ago BIN spot VOL SELL $32K 4.6× 25% 0.00%+0.23%—
24m ago BYB perp VOL SELL $302K 16.5× 1% -0.21%-0.07%—
27m ago BIN spot VOL MIXED $72K 9.2× 56% -0.46%-0.23%—
39m ago BIN spot VOL BUY $37K 4.8× 75% 0.00%-0.68%—
46m ago BYB perp VOL MIXED $138K 8.9× 50% -0.18%-0.05%—
46m ago BIN spot VOL SELL $103K 10.8× 7% 0.00%0.00%—
47m ago BIN spot VOL BUY $41K 4.3× 64% -0.23%0.00%—
51m ago BYB perp VOL BUY $83K 5.2× 73% +0.41%+0.18%—
60m ago BIN spot VOL SELL $77K 7.3× 0% 0.00%+0.69%0.00%
65m ago BIN spot VOL SELL $79K 6.0× 32% +0.23%+0.46%+0.23%
78m ago BYB perp VOL SELL $97K 4.6× 6% +0.18%+0.58%+0.44%
81m ago BIN spot VOL MIXED $127K 9.6× 52% +0.23%+0.46%+0.46%
85m ago BYB perp VOL MIXED $103K 4.5× 47% +0.25%+0.23%+0.65%
88m ago BIN spot VOL SELL $63K 4.5× 19% 0.00%+0.23%+0.92%
2h ago BIN spot VOL BUY $66K 6.1× 97% 0.00%+0.23%+0.92%
2h ago BYB perp VOL SELL $336K 18.9× 5% +0.39%+0.35%+1.13%
2h ago BIN perp VOL SELL $784K 5.1× 24% +0.23%+0.51%+0.87%
2h ago BIN spot VOL SELL $171K 17.2× 24% +0.23%+0.69%+0.92%
2h ago BYB perp VOL MIXED $97K 5.4× — -0.37%-0.09%+0.51%
2h ago BIN spot VOL MIXED $59K 7.2× 42% -0.46%-0.46%+0.23%
2h ago BYB perp VOL MIXED $176K 11.3× 45% +0.21%-0.07%+0.25%
2h ago BIN spot VOL SELL $103K 11.3× 24% +0.23%0.00%0.00%
2h ago BIN perp VOL SELL $894K 7.0× 35% +0.20%-0.09%+0.19%
2h ago HL perp VOL SELL $232K 82.8× 0% +0.21%+0.09%+0.16%
2h ago BYB perp VOL SELL $543K 34.8× 14% +0.32%+0.16%-0.14%
2h ago BIN perp VOL SELL $1.75M 13.4× 25% +0.35%+0.20%-0.11%
2h ago BIN spot VOL SELL $36K 129.4× 0% +0.23%+0.23%-0.23%
2h ago BIN spot VOL SELL $99K 8.9× 32% +0.46%+0.23%0.00%
2h ago BIN perp VOL MIXED $591K 4.3× 48% +0.37%+0.13%-0.30%
2h ago BYB perp VOL MIXED $146K 9.0× — +0.05%-0.11%-0.80%
3h ago BIN spot VOL BUY $53K 9.3× 97% -0.23%-0.46%-0.91%
3h ago BIN spot VOL SELL $43K 4.2× 1% +0.23%-0.23%-1.14%
3h ago BIN spot VOL BUY $98K 9.6× 75% 0.00%0.00%-1.13%
3h ago BIN perp VOL BUY $104K 16.9× 70% -0.17%-0.03%-0.84%
3h ago BYB perp VOL SELL $132K 6.0× 8% -0.30%-0.20%-0.75%
3h ago BIN spot VOL BUY $80K 11.9× 74% -0.23%-0.23%-0.68%
3h ago BIN spot VOL BUY $76K 4.7× 77% 0.00%-0.90%-1.13%

Newest first, up to 100. +5m / +15m / +1h show the price change after each spike and fill in as time passes. They describe the past, not a prediction.

PEPE liquidations: long vs short

All liquidations →

PEPE perps trade only on Hyperliquid, which does not publish a liquidation feed.

About the PEPE numbers

PEPE funding rate

Perpetual futures have no expiry, so exchanges keep their price close to spot with periodic funding payments between longs and shorts. A positive PEPE funding rate means longs pay shorts (more demand for leveraged longs); negative means shorts pay longs. Rates here are converted to an 8-hour equivalent so exchanges with 1h, 4h and 8h intervals compare directly, and the headline figure is weighted by each exchange's open interest.

PEPE open interest

Open interest is the USD value of all open PEPE perpetual positions. Rising OI alongside a price move means new positions are opening; falling OI means positions are closing (including liquidations). OI changes are measured from 5-minute snapshots.

PEPE liquidations

A liquidation is a leveraged position the exchange closed by force. Long liquidations are forced sells that hit when price drops; short liquidations are forced buys when price rises. The long/short split shows which side was caught.

PEPE long/short ratio

The share of traders long versus short on PEPE perpetuals. Accounts figures count each account once (the share with a net long position on Binance, or holding a long on Bybit); the Binance top traders figure is the share of the combined position of the top 20% of Binance traders by margin that is long. A ratio above 1 means more longs than shorts. Retail account ratios lean long most of the time, so changes and divergences say more than the level. See the PEPE long/short ratio page.

PEPE volume spikes

A spike is a minute where one PEPE market traded at least 4× its normal minute volume, with a size floor. Buy % is the share of taker buys. The +5m / +15m / +1h columns show what price did afterwards. They are history, not a signal. Not financial advice.