Funding you earn now, next payment 08:00 UTC−0.0669%/8h= −73.3% APRnext payment −$6.69 per $10,000 · paid last 24h −0.044%
Price spread now: SunX against BingX+0.288%7-day average +0.176% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.288%, 7d avg +0.176%
=The price spread pays, funding is against you. SunX is 0.112% dearer against BingX than usual: you sell high and buy low (spread +0.288% now, against its 7-day average of +0.176%): +$11 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.040% in total) that is about 20 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.040% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000PEPE-USDC | 0.000005206 | 0.0769 | pay 0.0769% / 8h | 3h 11m | — | $2.3M | — |
| Short | SunX 1000PEPE-USDT | 0.000005221 | 0.0100 | get 0.0100% / 8h | 3h 11m | $1K | $2.5M | 20x |
BingX 1000PEPE-USDC
SunX 1000PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$140.49
- Price spread: +0.288% → +0.176%
- $11.18
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$147.31
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 7 min ago; SunX: live order book, 6 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 7 min ago | 0.76 bp | 12.9 bp −$13 | 22.2 bp −$222 | 99.8 bp −$9,979 | 333.8 bp −$166.9K |
| Sell SunX live order book, 6 min ago | 500.13 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
PEPE on 35 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005219 | +0.245% | $19K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000005209 | +0.052% | $14K | — | 150x | as long as short |
| Injective PEPE/USDC PERP | +0.0092% | 1h | 0.000005327 | +2.328% | $3K | $111K | 12x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005225 | +0.369% | $65K | $163K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005205 | −0.015% | $105.6M | $384.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005204 | −0.035% | $171.5M | $89.3M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005211 | +0.104% | $26.1M | $68.8M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005209 | +0.053% | $661K | $5.2M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005220 | +0.278% | $29K | $534K | 20x | as long as short |
| SunX 1000PEPE-USDTshort | +0.0100% | 8h | 0.000005221 | +0.288% | $1K | $2.5M | 20x |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Injective PEPE/USDC PERP
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005218 | +0.231% | $587K | $4.0M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005217 | +0.216% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDT | +0.0328% | 8h | 0.000005205 | −0.015% | $50.7M | $191.5M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0403% | 8h | 0.000005214 | +0.161% | $35K | $26K | 20x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0427% | 8h | 0.000005208 | +0.042% | $50.2M | $677.0M | 50x | as long as short |
| SoDEX 1000PEPE-USD | +0.0463% | 1h | 0.000005216 | +0.196% | $2K | $10K | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0518% | 8h | 0.000005221 | +0.292% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0556% | 8h | 0.000005209 | +0.061% | $4.8M | $28.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0660% | 8h | 0.000005214 | +0.152% | $2.5M | $7.7M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0710% | 1h | 0.000005212 | +0.119% | $74K | $126K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0712% | 1h | 0.000005225 | +0.369% | $712K | $36.4M | 50x | as long as short |
| BingX 1000PEPE-USDClong | +0.0769% | 8h | 0.000005206 | long leg | — | $2.3M | — | |
| MEXC PEPE_USDT | +0.0818% | 8h | 0.000005206 | +0.006% | $99.2M | $296.9M | 300x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0819% | 1h | 0.000005224 | +0.350% | $161K | $809K | 25x | as long as short |
| Binance 1000PEPEUSDT | +0.0822% | 8h | 0.000005209 | +0.055% | $150.0M | $1.34B | 75x | as long as short |
| Extended 1000PEPE-USD | +0.0824% | 1h | 0.000005202 | −0.075% | $553K | $236K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0824% | 1h | 0.000005214 | +0.158% | $147K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0845% | 1h | 0.000005219 | +0.246% | $188K | $918K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0911% | 8h | 0.000005206 | +0.006% | $1.8M | $10.4M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0976% | 1h | 0.000005232 | +0.503% | $631 | $3K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0998% / S −0.2014% | 1h | 0.000005000 | −3.953% | $64K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.1096% | 1h | 0.000005218 | +0.234% | $621K | $8.8M | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.1143% | 1h | 0.000005207 | +0.031% | $68K | $724K | 15x | as long as short |
| Hyperliquid kPEPE | +0.1488% | 1h | 0.000005211 | +0.100% | $56.7M | $146.3M | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.1566% | 1h | 0.000005213 | +0.135% | $4.8M | $16.4M | 50x | as long as short |
HTX PEPE-USDT
Reya kPEPERUSDPERP
Bitget PEPEUSDT
Orderly PERP_1000PEPE_USDC
OKX PEPE-USDT-SWAP
SoDEX 1000PEPE-USD
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
MEXC PEPE_USDT
ApeX Omni 1000PEPEUSDT
Binance 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
Aster 1000PEPEUSDT
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
Lighter 1000PEPE
Backpack kPEPE_USDC_PERP
Hyperliquid kPEPE
Kraken Futures PF_PEPEUSD