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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: SunX against dYdX+0.416%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.416% dearer against dYdX than usual: you sell high and buy low: +$42 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX PEPE-USD0.0000050070get 0.0000% / 1h59m 49s$18K$9510x
ShortSunX 1000PEPE-USDT0.0000050280.0100get 0.0100% / 8h2h 59m$1K$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against dYdX. 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
$21
Price spread: +0.416% → 0.000%
$41.64
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$44.64
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; SunX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell SunX live order book, 8 min ago29.11 bp78.4 bp −$78doesn't fitdoesn't fitdoesn't fit
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDlong0.0000%1h0.000005007long leg$18K$9510x
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0007%1h0.000005009+0.041%$4K150xas long as short
Injective PEPE/USDC PERP+0.0092%1h0.000005327+6.388%$3K$111K12xas long as short
Pacifica kPEPE+0.0100%1h0.000005016+0.177%$63K$164K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005017+0.187%$100.1M$392.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005011+0.077%$162.6M$91.3M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005021+0.269%$25.0M$69.3M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005026+0.369%$596K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005126+2.374%$28K$537K20xas long as short
SunX 1000PEPE-USDTshort+0.0100%8h0.000005028+0.416%$1K$2.6M20x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005012+0.091%$560K$4.0M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005025+0.363%$8K15xas long as short
Bitget PEPEUSDT+0.0350%8h0.000005019+0.239%$48.8M$194.9M75xas long as short
OKX PEPE-USDT-SWAP+0.0412%8h0.000005020+0.257%$46.8M$665.4M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0414%8h0.000005023+0.325%$34K$26K20xas long as short
SoDEX 1000PEPE-USD+0.0511%1h0.000005021+0.277%$2K$10K10xas long as short
BloFin PEPE-USDT+0.0541%8h0.000005032+0.496%$4.6M$27.6M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0547%1h0.000005021+0.277%$72K$127K25xas long as short
Paradex kPEPE-USD-PERP+0.0549%8h0.000005019+0.229%$6K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0712%1h0.000005021+0.277%$676K$35.8M50xas long as short
Phemex u1000PEPEUSDT+0.0736%8h0.000005020+0.261%$2.4M$7.7M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0778%1h0.000005128+2.414%$158K$810K25xas long as short
BingX 1000PEPE-USDT+0.0789%8h0.000005020+0.249%$237.0Mas long as short
Extended 1000PEPE-USD+0.0824%1h0.000005016+0.170%$533K$252K25xas long as short
Aevo 1000PEPE-PERP+0.0824%1h0.000005019+0.237%$142K3xas long as short
Binance 1000PEPEUSDT+0.0824%8h0.000005023+0.312%$144.2M$1.37B75xas long as short
MEXC PEPE_USDT+0.0825%8h0.000005021+0.275%$96.4M$299.5M300xas long as short
Aster 1000PEPEUSDT+0.0896%8h0.000005019+0.233%$1.7M$10.7M50xas long as short
Nado kPEPE-PERP+0.0931%1h0.000005027+0.402%$169K$934K10xas long as short
01 Exchange kPEPEUSD+0.0968%1h0.000005034+0.536%$607$3K10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1030% / S −0.1622%1h0.000005000−0.143%$67K100xas long as short
Lighter 1000PEPE+0.1088%1h0.000005021+0.277%$600K$9.0M10xas long as short
Hyperliquid kPEPE+0.1096%1h0.000005024+0.337%$53.3M$148.7M10xas long as short
Backpack kPEPE_USDC_PERP+0.1104%1h0.000005024+0.333%$84K$766K15xas long as short
Kraken Futures PF_PEPEUSD+0.1627%1h0.000005018+0.224%$4.6M$16.6M50xas long as short