PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0210%/8h= −23.0% APRnext payment −$2.10 per $10,000 · paid last 24h −0.018%

Price spread now: SunX against BloFin+0.282%7-day average +0.166% · you sell dearer than you buy

Net, funding: paid 7d − costs−$159as in the Funding arb table

Net, price: spread back to 7d avg − costs−$130as in the Price arb table

costs, in and out, $10k−$1421.418% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.173%−$17 on $10k

Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.282%, 7d avg +0.166%

Together, before fees−0.231%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.116% dearer against BloFin than usual: you sell high and buy low (spread +0.282% now, against its 7-day average of +0.166%): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 44 hours. At the pace of the last 7 days (−0.173% in total) that is about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PEPE-USDT	0.000004792	0.0310	pay 0.0310% / 8h	7h 56m	$3.9M	$22.7M	75x
Short	SunX 1000PEPE-USDT	0.000004805	0.0100	get 0.0100% / 8h	7h 56m	$2K	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee SunXbpOrdersPrice spread, now +0.282%Rate

Funding earned: −$44.15
Price spread: +0.282% → +0.166%: $11.58
Slippage, 4 orders: −$121.78
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$174.36
Costs to cover: 1.418%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; SunX: live order book, 10 min ago.

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 BloFin live order book, 2 min ago	2.09 bp	8.1 bp −$8	10.0 bp −$100	30.8 bp −$3,079	79.0 bp −$39.5K
Sell SunX live order book, 10 min ago	29.09 bp	78.4 bp −$78	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
Phemex u1000PEPEUSDT	−0.1073%	8h	0.000004798	+0.136%	$2.3M	$6.5M	50x	as long as short
Kraken Futures PF_PEPEUSD	−0.0122%	1h	0.000004797	+0.109%	$3.9M	$13.9M	50x	as long as short
dYdX PEPE-USD	0.0000%	1h	0.000004796	+0.087%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004797	+0.098%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004788	−0.083%	$68.5M	$101.9M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004799	+0.146%	$56K	$119K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004797	+0.111%	$87.7M	$296.9M	50x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004798	+0.136%	$24.1M	$55.0M	75x	as long as short
Bitget PEPEUSDT	+0.0100%	8h	0.000004793	+0.025%	$42.4M	$151.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004764	−0.587%	$552K	$4.2M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004767	−0.512%	$25K	$350K	20x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0100%	1h	0.000004767	−0.522%	$100K	$754K	25x	as long as short
SunX 1000PEPE-USDTshort	+0.0100%	8h	0.000004805	+0.282%	$2K	$2.4M	20x
HTX PEPE-USDT	+0.0100%	8h	0.000004802	+0.207%	$542K	$3.5M	75x	as long as short
Lighter 1000PEPE	+0.0120%	1h	0.000004799	+0.146%	$577K	$6.6M	10x	as long as short
SoDEX 1000PEPE-USD	+0.0158%	1h	0.000004799	+0.146%	$2K	$12K	10x	as long as short
Paradex kPEPE-USD-PERP	+0.0174%	8h	0.000004797	+0.113%	$5K	$16	20x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004801	+0.187%	$7K	—	15x	as long as short
OKX PEPE-USDT-SWAP	+0.0193%	8h	0.000004801	+0.188%	$42.8M	$505.9M	50x	as long as short
BloFin PEPE-USDTlong	+0.0310%	8h	0.000004792	long leg	$3.9M	$22.7M	75x
01 Exchange kPEPEUSD	+0.0328%	1h	0.000004798	+0.125%	$550	$2K	10x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0336%	8h	0.000004799	+0.142%	$30K	$13K	20x	as long as short
Nado kPEPE-PERP	+0.0338%	1h	0.000004801	+0.197%	$181K	$849K	10x	as long as short
Gate PEPE_USDT	+0.0348%	8h	0.000004793	+0.021%	$152.3M	$64.5M	75x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0368%	1h	0.000004804	+0.250%	$557K	$25.9M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0403% / S −0.0444%	1h	0.000004000	−16.528%	$43K	—	100x	as long as short
BingX 1000PEPE-USDC	+0.0537%	8h	0.000004794	+0.042%	—	$2.3M	—	as long as short
Extended 1000PEPE-USD	+0.0544%	1h	0.000004796	+0.076%	$526K	$148K	25x	as long as short
MEXC PEPE_USDT	+0.0544%	8h	0.000004801	+0.182%	$91.4M	$279.6M	300x	as long as short
Binance 1000PEPEUSDT	+0.0546%	8h	0.000004801	+0.181%	$135.2M	$1.08B	75x	as long as short
Aster 1000PEPEUSDT	+0.0548%	8h	0.000004799	+0.155%	$1.5M	$7.3M	50x	as long as short
Aevo 1000PEPE-PERP	+0.0552%	1h	0.000004796	+0.083%	$136K	—	3x	as long as short
Injective PEPE/USDC PERP	+0.0636%	1h	0.000004793	+0.021%	$4K	$102K	12x	as long as short
Backpack kPEPE_USDC_PERP	+0.0659%	1h	0.000004795	+0.056%	$93K	$603K	15x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.1001%	1h	0.000004801	+0.188%	$77K	$98K	25x	as long as short