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

PEPE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0247%/8h= −27.1% APRnext payment $2.47 per $10,000 · paid last 24h −0.014%
Price spread now: SunX against Orderly+0.015%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_1000PEPE_USDC0.0000052080.0347pay 0.0347% / 8h4h 26m$34K$24K20x
ShortSunX 1000PEPE-USDT0.0000052090.0100get 0.0100% / 8h4h 26m$1K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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
−$51.96
Price spread: +0.015% → 0.000%
$1.54
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$64.43
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell SunX live order book, 11 min ago500.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Orderly: 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-USD0.0000%1h0.000005199−0.183%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005194−0.280%$15K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005207−0.029%$66K$144K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005194−0.284%$101.3M$354.9M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005202−0.125%$174.5M$79.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005198−0.209%$26.3M$65.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005200−0.172%$761K$4.8Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005196−0.237%$37K$459K20xas long as short
SunX 1000PEPE-USDTshort+0.0100%8h0.000005209+0.015%$1K$2.5M20x
HTX PEPE-USDT+0.0100%8h0.000005200−0.161%$590K$3.7M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005214+0.096%$8K15xas long as short
Bitget PEPEUSDT+0.0198%8h0.000005199−0.192%$48.1M$178.6M75xas long as short
Injective PEPE/USDC PERP+0.0254%1h0.000005173−0.682%$3K$102K12xas long as short
Orderly PERP_1000PEPE_USDClong+0.0347%8h0.000005208long leg$34K$24K20x
OKX PEPE-USDT-SWAP+0.0378%8h0.000005199−0.182%$49.2M$629.1M50xas long as short
BloFin PEPE-USDT+0.0497%8h0.000005214+0.106%$4.4M$26.5M75xas long as short
Phemex u1000PEPEUSDT+0.0539%8h0.000005206−0.048%$2.6M$7.3M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0672%1h0.000005200−0.163%$1.0M$33.4M50xas long as short
BingX 1000PEPE-USDT+0.0697%8h0.000005207−0.035%$262.7Mas long as short
Aevo 1000PEPE-PERP+0.0736%1h0.000005211+0.048%$147K3xas long as short
MEXC PEPE_USDT+0.0738%8h0.000005207−0.027%$98.8M$290.4M300xas long as short
Binance 1000PEPEUSDT+0.0741%8h0.000005202−0.134%$149.7M$1.25B75xas long as short
Extended 1000PEPE-USD+0.0744%1h0.000005207−0.023%$550K$226K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0775% / S −0.1561%1h0.000005000−4.003%$64K100xas long as short
Paradex kPEPE-USD-PERP+0.0813%8h0.000005200−0.163%$6K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0834%1h0.000005220+0.221%$104K$743K25xas long as short
Nado kPEPE-PERP+0.0841%1h0.000005215+0.122%$194K$897K10xas long as short
Aster 1000PEPEUSDT+0.0850%8h0.000005210+0.035%$1.9M$9.5M50xas long as short
SoDEX 1000PEPE-USD+0.0859%1h0.000005209+0.010%$2K$10K10xas long as short
Lighter 1000PEPE+0.0872%1h0.000005212+0.067%$599K$8.3M10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0904%1h0.000005206−0.048%$74K$125K25xas long as short
01 Exchange kPEPEUSD+0.1160%1h0.000005192−0.317%$626$3K10xas long as short
Backpack kPEPE_USDC_PERP+0.1168%1h0.000005207−0.027%$99K$666K15xas long as short
Kraken Futures PF_PEPEUSD+0.1250%1h0.000005209+0.018%$4.7M$15.9M50xas long as short
Hyperliquid kPEPE+0.1592%1h0.000005213+0.086%$56.2M$141.8M10xas long as short