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"Is this coin's funding unusually high relative to its recent history?"
PEPE funding rate
PEPE funding rate, ranked against PEPE's own recorded history.
+0.0097%
PEPE funding typical vs its 132 recorded days
recorded 2026-09-07
low (132d)75th percentilehigh
132 recorded days
Funding is the fee that longs and shorts on perpetual futures pay each other to keep the contract price near spot. Positive means longs pay shorts (the crowd is long), negative means the reverse. An extreme reading is a crowding signal, not a direction: it says the trade is one-sided, not which way price goes next.