Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: SunX against Bybit+0.140%7-day average +0.194% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1421.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.126%+$13 on $10k
Price spread, last 4 days (all we have)+0.161%+$16 · spread now +0.140%, 7d avg +0.194%
Together, before fees+0.288%+$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.055% cheaper against Bybit than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.194%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000PEPEUSDT0.0000050160.0100pay 0.0100% / 8h2h 36m$99.0M$402.9M50x
ShortSunX 1000PEPE-USDT0.0000050230.0100get 0.0100% / 8h2h 36m$1K$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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

Funding earned
$0
Price spread: +0.140% → +0.194%
−$5.46
Slippage, 4 orders
−$123.28
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$147.74
Costs to cover
1.423%
Break-even
never at this rate
Slippage from Bybit: live order book, 7 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 7 min ago1.00 bp8.2 bp −$814.3 bp −$14333.1 bp −$3,313doesn't fit
Sell SunX live order book, 10 min ago29.07 bp78.6 bp −$79doesn't fitdoesn't fitdoesn't fit

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PEPE-USD0.0000%1h0.000005023+0.132%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0001%1h0.000005018+0.038%$6K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005029+0.259%$57K$177K10xas long as short
Bybit 1000PEPEUSDTlong+0.0100%8h0.000005016long leg$99.0M$402.9M50x
Gate PEPE_USDT+0.0100%8h0.000005007−0.179%$161.8M$93.8M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005017+0.012%$25.3M$70.6M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005011−0.106%$601K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005003−0.260%$28K$537K20xas long as short
SunX 1000PEPE-USDTshort+0.0100%8h0.000005023+0.140%$1K$2.6M20x
HTX PEPE-USDT+0.0100%8h0.000005019+0.052%$563K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0181%1h0.000005019+0.060%$2K$10K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005022+0.125%$8K15xas long as short
Bitget PEPEUSDT+0.0340%8h0.000005017+0.024%$45.2M$209.6M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0407%8h0.000005020+0.072%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0422%8h0.000005019+0.060%$46.2M$683.8M50xas long as short
Paradex kPEPE-USD-PERP+0.0541%8h0.000005030+0.279%$6K20xas long as short
BloFin PEPE-USDT+0.0546%8h0.000005020+0.080%$4.4M$27.9M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0548%1h0.000005017+0.020%$72K$127K25xas long as short
01 Exchange kPEPEUSD+0.0656%1h0.000005024+0.159%$606$3K10xas long as short
Phemex u1000PEPEUSDT+0.0657%8h0.000005019+0.056%$2.4M$7.9M50xas long as short
Backpack kPEPE_USDC_PERP+0.0675%1h0.000005018+0.032%$73K$830K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005026+0.199%$638K$36.9M50xas long as short
Lighter 1000PEPE+0.0744%1h0.000005023+0.140%$596K$9.0M10xas long as short
Nado kPEPE-PERP+0.0745%1h0.000005021+0.101%$166K$942K10xas long as short
BingX 1000PEPE-USDC+0.0770%8h0.000005017+0.026%$2.3Mas long as short
Extended 1000PEPE-USD+0.0800%1h0.000005012−0.083%$530K$277K25xas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005024+0.159%$142K3xas long as short
MEXC PEPE_USDT+0.0802%8h0.000005006−0.195%$97.0M$300.6M300xas long as short
Binance 1000PEPEUSDT+0.0803%8h0.000005015−0.030%$141.4M$1.40B75xas long as short
ApeX Omni 1000PEPEUSDT+0.0832%1h0.000004993−0.459%$153K$813K25xas long as short
Kraken Futures PF_PEPEUSD+0.0852%1h0.000005015−0.025%$4.6M$16.7M50xas long as short
Aster 1000PEPEUSDT+0.0863%8h0.000005019+0.053%$1.8M$11.1M50xas long as short
Hyperliquid kPEPE+0.1049%1h0.000005023+0.140%$52.9M$151.8M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1083% / S −0.2019%1h0.000005000−0.319%$64K100xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005034+0.359%$3K$111K12xas long as short