Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.164%
Price spread now: SunX against Lighter+0.048%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1391.389% of the position
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now +0.048%, 7d avg +0.105%
=Together, before fees+0.053%+ Points / potential airdropLighter: Season 3 · farm board+$5 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 0.056% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000PEPE | 0.000004963 | 0.0096 | pay 0.0012% / 1h | 10m 44s | $636K | $9.1M | 10x |
| Short | SunX 1000PEPE-USDT | 0.000004965 | 0.0100 | get 0.0100% / 8h | 4h 10m | $1K | $2.5M | 20x |
Lighter 1000PEPE
SunX 1000PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Lighter. 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
- $0.84
- Price spread: +0.048% → +0.105%
- −$5.65
- Slippage, 4 orders
- −$130.9
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$143.71
- Costs to cover
- 1.389%
- Break-even
- 1204.6 days
Slippage from Lighter: live order book, 6 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 Lighter live order book, 6 min ago | 2.01 bp | 3.8 bp −$4 | 11.9 bp −$119 | 38.2 bp −$3,819 | doesn't fit |
| Sell SunX live order book, 10 min ago | 29.24 bp | 78.6 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
PEPE on 35 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0232% | 1h | 0.000004958 | −0.100% | $4.6M | $16.1M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0007% | 1h | 0.000004957 | −0.123% | $4K | — | 150x | as long as short |
| Lighter 1000PEPElong | +0.0096% | 1h | 0.000004963 | long leg | $636K | $9.1M | 10x | |
| Aevo 1000PEPE-PERP | +0.0096% | 1h | 0.000004958 | −0.101% | $140K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0100% | 1h | 0.000004958 | −0.107% | $139K | $941K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004959 | −0.081% | $50.7M | $156.4M | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0100% | 8h | 0.000004960 | −0.061% | $1.7M | $12.7M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004961 | −0.040% | $59K | $198K | 10x | as long as short |
| Binance 1000PEPEUSDT | +0.0100% | 8h | 0.000004959 | −0.081% | $128.1M | $1.54B | 75x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004956 | −0.141% | $93.0M | $446.7M | 50x | as long as short |
Kraken Futures PF_PEPEUSD
gTrade (Gains Network) PEPE/USD
Aevo 1000PEPE-PERP
Nado kPEPE-PERP
Hyperliquid kPEPE
Aster 1000PEPEUSDT
Pacifica kPEPE
Binance 1000PEPEUSDT
Bybit 1000PEPEUSDTShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004958 | −0.101% | $45.0M | $724.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004956 | −0.141% | $149.8M | $104.5M | 75x | as long as short |
| MEXC PEPE_USDT | +0.0100% | 8h | 0.000004960 | −0.069% | $100.7M | $293.4M | 300x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004955 | −0.169% | $24.8M | $76.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004959 | −0.083% | $43.6M | $235.8M | 75x | as long as short |
| BingX 1000PEPE-USDT | +0.0100% | 8h | 0.000004958 | −0.099% | — | $182.4M | — | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004957 | −0.117% | $74K | $1.0M | 15x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004963 | +0.002% | $681K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004969 | +0.127% | $26K | $575K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004969 | +0.121% | $110K | $872K | 25x | as long as short |
| SunX 1000PEPE-USDTshort | +0.0100% | 8h | 0.000004965 | +0.048% | $1K | $2.5M | 20x | |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004959 | −0.081% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004960 | −0.052% | $581K | $4.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004959 | −0.075% | $2.3M | $8.0M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0103% | 8h | 0.000004956 | −0.132% | $15K | $5K | 20x | as long as short |
| Extended 1000PEPE-USD | +0.0104% | 1h | 0.000004956 | −0.149% | $520K | $288K | 25x | as long as short |
| 01 Exchange kPEPEUSD | +0.0128% | 1h | 0.000004959 | −0.081% | $598 | $2K | 10x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0154% | 1h | 0.000004958 | −0.101% | $61K | $119K | 25x | as long as short |
| Injective PEPE/USDC PERP | +0.0176% | 1h | 0.000004904 | −1.189% | $3K | $123K | 12x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004956 | −0.135% | $7K | — | 15x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0200% | 8h | 0.000004954 | −0.189% | $31K | $30K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004960 | −0.060% | $4.3M | $28.0M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0320% | 1h | 0.000004966 | +0.060% | $700K | $38.8M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0704% / S −0.0635% | 1h | 0.000004000 | −19.404% | $55K | — | 100x | as long as short |
| dYdX PEPE-USD | +0.4916% | 1h | 0.000004958 | −0.111% | $25K | $18K | 10x | as long as short |
OKX PEPE-USDT-SWAP
Gate PEPE_USDT
MEXC PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
BingX 1000PEPE-USDT
Backpack kPEPE_USDC_PERP
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Extended 1000PEPE-USD
01 Exchange kPEPEUSD
Deribit 1000PEPE_USDC-PERPETUAL
Injective PEPE/USDC PERP
Reya kPEPERUSDPERP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
GMX PEPE/USD [ETH-USDC]
dYdX PEPE-USD