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 +0.005%
Price spread now: SunX against Gate+0.069%7-day average +0.189% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1531.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 3 days (all we have)+0.220%+$22 · spread now +0.069%, 7d avg +0.189%
Together, before fees+0.303%+$30 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 0.120% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.189%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PEPE_USDT0.0000050450.0100pay 0.0100% / 8h6h 28m$161.1M$70.6M75x
ShortSunX 1000PEPE-USDT0.0000050490.0100get 0.0100% / 8h6h 28m$1K$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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: +0.069% → +0.189%
−$12.01
Slippage, 4 orders
−$130.33
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$165.34
Costs to cover
1.533%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; SunX: live order book, 8 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 Gate live order book, 5 min ago1.00 bp13.9 bp −$1422.7 bp −$22785.6 bp −$8,563doesn't fit
Sell SunX live order book, 8 min ago29.22 bp78.4 bp −$78doesn't fitdoesn't fitdoesn't fit

PEPE on 34 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%1h0.000005042−0.066%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005047+0.038%$14K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005050+0.099%$61K$125K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005047+0.042%$98.2M$321.7M50xas long as short
Gate PEPE_USDTlong+0.0100%8h0.000005045long leg$161.1M$70.6M75x
KuCoin PEPEUSDTM+0.0100%8h0.000005048+0.057%$24.9M$60.0M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000005048+0.065%$46.4M$159.9M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005030−0.303%$565K$4.5Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005036−0.173%$27K$409K20xas long as short
SunX 1000PEPE-USDTshort+0.0100%8h0.000005049+0.069%$1K$2.4M20x
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005063+0.363%$571K$3.6M75xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005058+0.257%$8K15xas long as short
Phemex u1000PEPEUSDT+0.0209%8h0.000005050+0.091%$2.4M$6.8M50xas long as short
OKX PEPE-USDT-SWAP+0.0226%8h0.000005051+0.119%$44.7M$564.5M50xas long as short
Orderly PERP_1000PEPE_USDC+0.0277%8h0.000005049+0.077%$33K$23K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0340%1h0.000005036−0.178%$106K$746K25xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0345%1h0.000005048+0.059%$61K$114K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0424%1h0.000005058+0.258%$647K$29.2M50xas long as short
BingX 1000PEPE-USDT+0.0482%8h0.000005047+0.036%$258.7Mas long as short
GMX PEPE/USD [ETH-USDC]L +0.0507% / S −0.0412%1h0.000005000−0.892%$63K100xas long as short
MEXC PEPE_USDT+0.0511%8h0.000005049+0.073%$95.2M$289.9M300xas long as short
Extended 1000PEPE-USD+0.0512%1h0.000005049+0.082%$554K$199K25xas long as short
Aevo 1000PEPE-PERP+0.0512%1h0.000005049+0.079%$143K3xas long as short
Binance 1000PEPEUSDT+0.0518%8h0.000005049+0.085%$142.4M$1.16B75xas long as short
Paradex kPEPE-USD-PERP+0.0539%8h0.000005050+0.089%$6K$1620xas long as short
Nado kPEPE-PERP+0.0599%1h0.000005058+0.258%$178K$878K10xas long as short
Aster 1000PEPEUSDT+0.0609%8h0.000005052+0.144%$1.7M$8.1M50xas long as short
SoDEX 1000PEPE-USD+0.0618%1h0.000005044−0.020%$2K$12K10xas long as short
Kraken Futures PF_PEPEUSD+0.0826%1h0.000005039−0.118%$4.0M$14.5M50xas long as short
Injective PEPE/USDC PERP+0.0909%1h0.000005061+0.317%$4K$102K12xas long as short
Backpack kPEPE_USDC_PERP+0.0918%1h0.000005049+0.075%$102K$616K15xas long as short
01 Exchange kPEPEUSD+0.0992%1h0.000005074+0.575%$1K$2K10xas long as short
Lighter 1000PEPE+0.1440%1h0.000005060+0.297%$1.1M$7.4M10xas long as short
Hyperliquid kPEPE+0.2244%1h0.000005056+0.218%$55.7M$135.6M10xas long as short