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 16:00 UTC−0.0576%/8h= −63.1% APRnext payment $5.76 per $10,000 · paid last 24h −0.105%
Price spread now: SunX against MEXC+0.315%7-day average +0.124% · 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 7 days−0.064%−$6 on $10k
Price spread, last 4 days (all we have)+0.107%+$11 · spread now +0.315%, 7d avg +0.124%
Together, before fees+0.044%+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.191% dearer against MEXC than usual: you sell high and buy low (spread +0.315% now, against its 7-day average of +0.124%): +$19 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.064% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.064% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEPE_USDT0.0000051440.0676pay 0.0676% / 8h7h 46m$100.4M$306.2M300x
ShortSunX 1000PEPE-USDT0.0000051600.0100get 0.0100% / 8h7h 46m$2K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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
−$120.96
Price spread: +0.315% → +0.124%
$19.14
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$109.82
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: MEXC: live order book, 2 min ago; SunX: live order book, 11 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 MEXC live order book, 2 min ago0.10 bp1.3 bp −$114.0 bp −$14046.5 bp −$4,64780.7 bp −$40.3K
Sell SunX live order book, 11 min ago500.06 bpdoesn't fitdoesn'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%1h0.000005150+0.115%$19K$64910xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005148+0.080%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005158+0.278%$60K$186K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005143−0.012%$99.0M$435.6M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005140−0.072%$163.4M$99.1M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005142−0.040%$636K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005131−0.251%$28K$550K20xas long as short
SunX 1000PEPE-USDTshort+0.0100%8h0.000005160+0.315%$2K$2.7M20x
HTX PEPE-USDT+0.0100%8h0.000005154+0.198%$603K$4.2M75xas long as short
Phemex u1000PEPEUSDT+0.0109%8h0.000005148+0.087%$2.4M$8.1M50xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PEPE/USDC PERP+0.0147%1h0.000005135−0.169%$8K$120K12xas long as short
KuCoin PEPEUSDTM+0.0159%8h0.000005144+0.002%$26.9M$74.7M75xas long as short
SoDEX 1000PEPE-USD+0.0175%1h0.000005149+0.103%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005149+0.101%$8K15xas long as short
Bitget PEPEUSDT+0.0223%8h0.000005141−0.054%$46.2M$222.0M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0333%1h0.000005149+0.103%$73K$128K25xas long as short
OKX PEPE-USDT-SWAP+0.0341%8h0.000005147+0.064%$47.3M$752.3M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0360%1h0.000005128−0.305%$149K$835K25xas long as short
Paradex kPEPE-USD-PERP+0.0428%8h0.000005156+0.248%$6K20xas long as short
Orderly PERP_1000PEPE_USDC+0.0431%8h0.000005149+0.095%$34K$26K20xas long as short
BloFin PEPE-USDT+0.0461%8h0.000005148+0.084%$4.5M$30.6M75xas long as short
Backpack kPEPE_USDC_PERP+0.0491%1h0.000005147+0.062%$77K$895K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0504%1h0.000005155+0.220%$672K$40.1M50xas long as short
01 Exchange kPEPEUSD+0.0560%1h0.000005164+0.395%$623$2K10xas long as short
Hyperliquid kPEPE+0.0564%1h0.000005150+0.122%$53.3M$160.1M10xas long as short
Nado kPEPE-PERP+0.0607%1h0.000005153+0.188%$165K$965K10xas long as short
Kraken Futures PF_PEPEUSD+0.0616%1h0.000005145+0.018%$4.8M$16.7M50xas long as short
BingX 1000PEPE-USDC+0.0648%8h0.000005143−0.006%$2.3Mas long as short
Lighter 1000PEPE+0.0664%1h0.000005151+0.142%$624K$9.0M10xas long as short
MEXC PEPE_USDTlong+0.0676%8h0.000005144long leg$100.4M$306.2M300x
Binance 1000PEPEUSDT+0.0677%8h0.000005145+0.024%$142.1M$1.51B75xas long as short
Extended 1000PEPE-USD+0.0680%1h0.000005139−0.094%$539K$280K25xas long as short
Aevo 1000PEPE-PERP+0.0680%1h0.000005148+0.084%$146K3xas long as short
Aster 1000PEPEUSDT+0.0696%8h0.000005148+0.074%$1.7M$12.0M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1020% / S −0.1149%1h0.000005000−2.794%$52K100xas long as short