Funding you earn now, next payment 08:00 UTC+0.0435%/8h= +47.6% APRnext payment +$4.35 per $10,000 · paid last 24h +0.105%
Price spread now: Aster against SunX−0.210%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1401.395% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now −0.210%, 7d avg −0.106%
=Together, before fees+0.088%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.103% cheaper against SunX than usual: you would sell low and buy high (spread −0.210% now, against its 7-day average of −0.106%). If the spread goes back, that is −$10 on $10k: about 19 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.144% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.144% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX 1000PEPE-USDT | 0.000004897 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $2K | $2.4M | 20x |
| Short | Aster 1000PEPEUSDT | 0.000004886 | 0.0535 | get 0.0535% / 8h | 7h 43m | $1.5M | $7.4M | 50x |
SunX 1000PEPE-USDT
Aster 1000PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against SunX. 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
- $91.34
- Price spread: −0.210% → −0.106%
- −$10.34
- Slippage, 4 orders
- −$123.54
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$58.55
- Costs to cover
- 1.395%
- Break-even
- 11.5 days
Slippage from SunX: live order book, 3 min ago; Aster: live order book, 6 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 SunX live order book, 3 min ago | 29.13 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 6 min ago | 1.86 bp | 6.8 bp −$7 | 11.3 bp −$113 | doesn't fit | doesn't fit |
PEPE on 35 venues
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 | −0.0120% | 1h | 0.000004889 | −0.163% | $3.9M | $13.9M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004873 | −0.477% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004883 | −0.268% | $15K | — | 150x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004883 | −0.278% | $62.5M | $108.8M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004879 | −0.359% | $57K | $119K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004882 | −0.298% | $89.4M | $300.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004877 | −0.400% | $155.3M | $65.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004885 | −0.243% | $24.6M | $55.8M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004888 | −0.170% | $43.0M | $152.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004859 | −0.773% | $574K | $4.3M | — | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPEShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004868 | −0.580% | $26K | $353K | 20x | as long as short |
| SunX 1000PEPE-USDTlong | +0.0100% | 8h | 0.000004897 | long leg | $2K | $2.4M | 20x | |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004887 | −0.196% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004875 | −0.441% | $553K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004889 | −0.153% | $2.3M | $6.5M | 50x | as long as short |
| Lighter 1000PEPE | +0.0152% | 1h | 0.000004890 | −0.135% | $574K | $6.7M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0183% | 8h | 0.000004877 | −0.397% | $5K | $16 | 20x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004882 | −0.288% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0192% | 8h | 0.000004888 | −0.176% | $43.2M | $518.1M | 50x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0309% | 8h | 0.000004891 | −0.125% | $30K | $13K | 20x | as long as short |
| BloFin PEPE-USDT | +0.0312% | 8h | 0.000004890 | −0.135% | $4.0M | $23.2M | 75x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000004889 | −0.155% | $556K | $26.4M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0386% | 1h | 0.000004882 | −0.289% | $185K | $849K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0408% | 1h | 0.000004884 | −0.257% | $1K | $2K | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0447% / S −0.0661% | 1h | 0.000004000 | −18.311% | $46K | — | 100x | as long as short |
| BingX 1000PEPE-USDT | +0.0506% | 8h | 0.000004887 | −0.190% | — | $256.4M | — | as long as short |
| Extended 1000PEPE-USD | +0.0520% | 1h | 0.000004886 | −0.206% | $535K | $148K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0522% | 8h | 0.000004891 | −0.112% | $96.3M | $281.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0522% | 8h | 0.000004889 | −0.155% | $137.8M | $1.09B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0528% | 1h | 0.000004886 | −0.216% | $138K | — | 3x | as long as short |
| Aster 1000PEPEUSDTshort | +0.0535% | 8h | 0.000004886 | −0.210% | $1.5M | $7.4M | 50x | |
| ApeX Omni 1000PEPEUSDT | +0.0588% | 1h | 0.000004871 | −0.523% | $101K | $754K | 25x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0601% | 1h | 0.000004869 | −0.570% | $94K | $598K | 15x | as long as short |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000004875 | −0.441% | $4K | $102K | 12x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.1388% | 1h | 0.000004892 | −0.094% | $79K | $98K | 25x | as long as short |
edgeX 1000PEPEUSDC
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Orderly PERP_1000PEPE_USDC
BloFin PEPE-USDT
Coinbase International 1000PEPE-PERP-INTX
Nado kPEPE-PERP
01 Exchange kPEPEUSD
GMX PEPE/USD [ETH-USDC]
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
ApeX Omni 1000PEPEUSDT
Backpack kPEPE_USDC_PERP
Injective PEPE/USDC PERP
Deribit 1000PEPE_USDC-PERPETUAL