diff --git a/dev-python/pypy/Manifest b/dev-python/pypy/Manifest
index ce23a54a40e14..c074c6ed771c4 100644
--- a/dev-python/pypy/Manifest
+++ b/dev-python/pypy/Manifest
@@ -2,6 +2,8 @@ DIST pypy2.7-gentoo-patches-7.3.3_p2.tar.xz 11184 BLAKE2B b2b9b94478609372d616c6
 DIST pypy2.7-gentoo-patches-7.3.3_p3.tar.xz 12936 BLAKE2B 7d00353f79d535044e4e2c9cb8ad06d637bca4707123a566989b0ab97ac2f22d9f631d1d5f4e32bf1e0d5202dbc31fffa8d39718963da2a4594f814b90aa8132 SHA512 818910bbe3c01399a0da361a48098a4e875ddd7d4fd50f23bc06501dae7ed5eb3ee773b0dd76d256d141ba190d55b5c725fa4d7ed8d7a9841e6be81babaf518b
 DIST pypy2.7-gentoo-patches-7.3.4.tar.xz 7844 BLAKE2B d06694fa085667e40ef8805c29f7ccf95b49f9de4e99e3ebfa3d69c4202a0ddcebb54c524d7d9f9ec67573a8d2ebe38fb7023d4d3ecef67afc907ecef5c16c02 SHA512 aa8ffefb5d30070ae86c1c14c55c277e39d3da66aea3a0951319158fb65e716e7fa7864e8bf5d26314d4b2a8030c766b63cad6a3663822d2875cd8cc1f3f2de5
 DIST pypy2.7-gentoo-patches-7.3.5rc2.tar.xz 5792 BLAKE2B 2380dc09be7e8dccfcc151e5c3cc5cc0aeb6a5a284b3b3fa8d12bdc0c6352d0da4fc3cb52762c1b5a38b97b3736147cb10986e0e6fdb622ff277445ba7228252 SHA512 1e269a02fc70b67fe44a8d57303a1565acbdb4b7f8065ec489b6bdd9275281e4b516fd1e01223e9635e4759a71c73be941f02e6bc561ab728d6a67e22bda47e3
+DIST pypy2.7-gentoo-patches-7.3.5rc3.tar.xz 5796 BLAKE2B b1c0fb0a8d86d117a9d4102777605eedd026b614f4b66272b3fc5da246bbe5edf516e95a40471117b61078c18b9fc615e55e0992a5d0a1be7caf9026ee26b6be SHA512 8699813837dfa4560a6e73b96f770c5d5999ce008e17cf62a856a454cb0b63146787a54934874162c79345488959e0936b3bd03823bc9f8e276f80df1122f7a8
 DIST pypy2.7-v7.3.3-src.tar.bz2 20881821 BLAKE2B ce1ecdd1fffe40574c7662da6038b84d2bca47ab168939ef0c12be2c6348317f17a94a3026e7fa53c71601edc153aefd98f770bd148e7af07ca751c0a5fc1252 SHA512 c2b6c44fdcac5f9445fab01572f859228fc286891fd09a4ddb95d283683d805276c853ec8e61fcd04cb9ee811d0e959d19bb03fdd7442c044f28a773633122e7
 DIST pypy2.7-v7.3.4-src.tar.bz2 21571561 BLAKE2B d0ac56fadec63fe7e65728c36c2aaf96fc5f54919dddbca9571a24c42a9e3e21f672f84555a18a384c4715f0489bd7aef009c0a47b635de88c472a93e2ae8d71 SHA512 4c18c2dbfbf0cc1034bea773828204df77aec7ef82119fb94e5cb762ce1783e00ad70e99d1432b4948dc132e726bdc6015f4a5bf10a5b10415bcfe99da2ecd17
 DIST pypy2.7-v7.3.5rc2-src.tar.bz2 21561927 BLAKE2B 1fd8aeba0698c95015716109d6a3aec74f95d1a4faea130ffe872b43d0ef8e1e8f8b742aeae6048ab596c5b78634e83c83c95ce3ed047d068dae7bddc02e1281 SHA512 d1d4b45c29c5e4c1735744b4aac46c87787bda7db496c8865e099e669f666f223ed9c014f3637065bb7762eda39a0116bab54078cf10ce8fbd8505d1ab952575
+DIST pypy2.7-v7.3.5rc3-src.tar.bz2 21563312 BLAKE2B e343dcd617026ea5f951f3d24deeb59736c9a6ecc91d1b9c1bd980b6f3c239a5bf0edb9b72a0847a6aeeaead8aca9ecf537af81c9fcf0a2f6647c99edc0d1735 SHA512 e080771ea10a30820f8844b3f512a7681f2e619e8a37fa8ac60198f3c8c3780a8e08aa63749be375c00cd547994f428df44e2cd9f61b272b215ded433374e0a1
diff --git a/dev-python/pypy/pypy-7.3.5_rc3.ebuild b/dev-python/pypy/pypy-7.3.5_rc3.ebuild
new file mode 100644
index 0000000000000..82edf15baf9db
--- /dev/null
+++ b/dev-python/pypy/pypy-7.3.5_rc3.ebuild
@@ -0,0 +1,160 @@
+# Copyright 1999-2021 Gentoo Authors
+# Distributed under the terms of the GNU General Public License v2
+
+EAPI=7
+
+inherit pax-utils python-utils-r1
+
+PYPY_PV=${PV%_p*}
+MY_P=pypy2.7-v${PYPY_PV/_}
+PATCHSET="pypy2.7-gentoo-patches-${PV/_}"
+
+DESCRIPTION="A fast, compliant alternative implementation of the Python language"
+HOMEPAGE="https://www.pypy.org/"
+SRC_URI="https://buildbot.pypy.org/pypy/${MY_P}-src.tar.bz2
+	https://dev.gentoo.org/~mgorny/dist/python/${PATCHSET}.tar.xz"
+S="${WORKDIR}/${MY_P}-src"
+
+LICENSE="MIT"
+# pypy -c 'import sysconfig; print sysconfig.get_config_var("SOABI")'
+SLOT="0/73"
+KEYWORDS=""
+IUSE="bzip2 gdbm +jit ncurses sqlite tk"
+
+RDEPEND="
+	|| (
+		>=dev-python/pypy-exe-${PV}:${PYPY_PV}[bzip2?,ncurses?]
+		>=dev-python/pypy-exe-bin-${PV}:${PYPY_PV}
+	)
+	dev-libs/openssl:0=
+	gdbm? ( sys-libs/gdbm:0= )
+	sqlite? ( dev-db/sqlite:3= )
+	tk? (
+		dev-lang/tk:0=
+		dev-tcltk/tix:0=
+	)
+	!<dev-python/pypy-bin-7.3.0:0"
+DEPEND="${RDEPEND}"
+
+src_prepare() {
+	local PATCHES=(
+		"${WORKDIR}/${PATCHSET}"
+	)
+	default
+
+	sed -e "s^@EPREFIX@^${EPREFIX}^" \
+		-i lib-python/2.7/distutils/command/install.py || die
+}
+
+src_compile() {
+	# copy over to make sys.prefix happy
+	cp -p "${BROOT}"/usr/lib/pypy2.7/pypy-c-${PYPY_PV} pypy-c || die
+	cp -p "${BROOT}"/usr/lib/pypy2.7/include/${PYPY_PV}/* include/ || die
+	# (not installed by pypy)
+	rm pypy/module/cpyext/include/_numpypy/numpy/README || die
+	mv pypy/module/cpyext/include/* include/ || die
+	mv pypy/module/cpyext/parse/*.h include/ || die
+	pax-mark m pypy-c
+
+	einfo "Generating caches and CFFI modules ..."
+
+	# Generate Grammar and PatternGrammar pickles.
+	./pypy-c -c "import lib2to3.pygram, lib2to3.patcomp; lib2to3.patcomp.PatternCompiler()" \
+		|| die "Generation of Grammar and PatternGrammar pickles failed"
+
+	# Generate cffi modules
+	# Please keep in sync with pypy/tool/build_cffi_imports.py!
+#cffi_build_scripts = {
+#    "_ssl": "_ssl_build.py",
+#    "sqlite3": "_sqlite3_build.py",
+#    "audioop": "_audioop_build.py",
+#    "tk": "_tkinter/tklib_build.py",
+#    "curses": "_curses_build.py" if sys.platform != "win32" else None,
+#    "syslog": "_syslog_build.py" if sys.platform != "win32" else None,
+#    "gdbm": "_gdbm_build.py"  if sys.platform != "win32" else None,
+#    "pwdgrp": "_pwdgrp_build.py" if sys.platform != "win32" else None,
+#    "resource": "_resource_build.py" if sys.platform != "win32" else None,
+	cffi_targets=( ssl audioop syslog pwdgrp resource )
+	use gdbm && cffi_targets+=( gdbm )
+	use ncurses && cffi_targets+=( curses )
+	use sqlite && cffi_targets+=( sqlite3 )
+	use tk && cffi_targets+=( tkinter/tklib )
+
+	local t
+	# all modules except tkinter output to .
+	# tkinter outputs to the correct dir ...
+	cd lib_pypy || die
+	for t in "${cffi_targets[@]}"; do
+		# tkinter doesn't work via -m
+		../pypy-c "_${t}_build.py" || die "Failed to build CFFI bindings for ${t}"
+	done
+
+	# Cleanup temporary objects
+	find -name "_cffi_*.[co]" -delete || die
+	find -type d -empty -delete || die
+}
+
+src_test() {
+	# (unset)
+	local -x PYTHONDONTWRITEBYTECODE=
+	local -x COLUMNS=80
+
+	local ignored_tests=(
+		# network
+		--ignore=lib-python/2.7/test/test_urllibnet.py
+		--ignore=lib-python/2.7/test/test_urllib2net.py
+		# lots of free space
+		--ignore=lib-python/2.7/test/test_zipfile64.py
+	)
+
+	./pypy-c ./pypy/test_all.py --pypy=./pypy-c -vv \
+		"${ignored_tests[@]}" lib-python || die
+}
+
+src_install() {
+	local dest=/usr/lib/pypy2.7
+	einfo "Installing PyPy ..."
+	dosym pypy-c-${PYPY_PV} "${dest}/pypy-c"
+	insinto "${dest}"
+	# preserve mtimes to avoid obsoleting caches
+	insopts -p
+	doins -r include lib_pypy lib-python
+
+	# replace copied headers with symlinks
+	for x in "${BROOT}"/usr/lib/pypy2.7/include/${PYPY_PV}/*; do
+		dosym "${PYPY_PV}/${x##*/}" "${dest}/include/${x##*/}"
+	done
+
+	dosym ../lib/pypy2.7/pypy-c /usr/bin/pypy
+	dodoc README.rst
+
+	if ! use gdbm; then
+		rm -r "${ED}${dest}"/lib_pypy/gdbm.py \
+			"${ED}${dest}"/lib-python/*2.7/test/test_gdbm.py || die
+	fi
+	if ! use sqlite; then
+		rm -r "${ED}${dest}"/lib-python/*2.7/sqlite3 \
+			"${ED}${dest}"/lib_pypy/_sqlite3.py \
+			"${ED}${dest}"/lib-python/*2.7/test/test_sqlite.py || die
+	fi
+	if ! use tk; then
+		rm -r "${ED}${dest}"/lib-python/*2.7/{idlelib,lib-tk} \
+			"${ED}${dest}"/lib_pypy/_tkinter \
+			"${ED}${dest}"/lib-python/*2.7/test/test_{tcl,tk,ttk*}.py || die
+	fi
+
+	local -x EPYTHON=pypy
+	local -x PYTHON=${ED}${dest}/pypy-c-${PYPY_PV}
+	# temporarily copy to build tree to facilitate module builds
+	cp -p "${BROOT}${dest}/pypy-c-${PYPY_PV}" "${PYTHON}" || die
+
+	echo "EPYTHON='${EPYTHON}'" > epython.py || die
+	python_moduleinto /usr/lib/pypy2.7/site-packages
+	python_domodule epython.py
+
+	einfo "Byte-compiling Python standard library..."
+	python_optimize "${ED}${dest}"
+
+	# remove to avoid collisions
+	rm "${PYTHON}" || die
+}