PEPE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0666%/8h= +72.9% APRnext payment +$6.66 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against SunX−0.062%7-day average −0.169% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 3 days (all we have)−0.243%−$24 · spread now −0.062%, 7d avg −0.169%

Together, before fees−0.249%−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BingX is 0.107% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.169%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.66 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	0.000004814	0.0100	pay 0.0100% / 8h	2h 37m	$2K	$2.4M	20x
Short	BingX 1000PEPE-USDT	0.000004811	0.0766	get 0.0766% / 8h	2h 37m	—	$254.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee BingXbpOrdersPrice spread, now −0.062%Rate

Funding earned: $139.86
Price spread: −0.062% → −0.169%: $10.66
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $132.52
Costs to cover: 0.180%
Break-even: 0.4 days

Slippage unknown: SunX: live order book, 9 min ago; BingX: live order book, 7 min ago. Net counts fees only.

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, 9 min ago	500.08 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	0.31 bp	6.7 bp −$7	10.9 bp −$109	16.6 bp −$1,664	38.4 bp −$19.2K

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
dYdX PEPE-USD	0.0000%	1h	0.000004811	−0.050%	$18K	$95	10x	as long as short
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0006%	1h	0.000004803	−0.222%	$14K	—	150x	as long as short
Hyperliquid kPEPE	+0.0100%	1h	0.000004811	−0.056%	$56.6M	$69.6M	10x	as long as short
Pacifica kPEPE	+0.0100%	1h	0.000004818	+0.089%	$59K	$113K	10x	as long as short
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000004805	−0.181%	$88.6M	$272.8M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000004806	−0.160%	$148.4M	$61.6M	75x	as long as short
KuCoin PEPEUSDTM	+0.0100%	8h	0.000004810	−0.079%	$23.9M	$52.3M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000004852	+0.786%	$713K	$3.7M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000004821	+0.152%	$27K	$337K	20x	as long as short
SunX 1000PEPE-USDTlong	+0.0100%	8h	0.000004814	long leg	$2K	$2.4M	20x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX PEPE-USDT	+0.0100%	8h	0.000004808	−0.116%	$554K	$3.5M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0119%	8h	0.000004808	−0.118%	$41.4M	$488.2M	50x	as long as short
Bitget PEPEUSDT	+0.0170%	8h	0.000004808	−0.108%	$43.4M	$152.0M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000004812	−0.034%	$7K	—	15x	as long as short
BloFin PEPE-USDT	+0.0235%	8h	0.000004813	−0.015%	$3.9M	$21.5M	75x	as long as short
Lighter 1000PEPE	+0.0256%	1h	0.000004817	+0.069%	$593K	$5.1M	10x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.0318% / S −0.0217%	1h	0.000004000	−16.904%	$52K	—	100x	as long as short
Backpack kPEPE_USDC_PERP	+0.0331%	1h	0.000004812	−0.031%	$100K	$621K	15x	as long as short
Paradex kPEPE-USD-PERP	+0.0354%	8h	0.000004819	+0.115%	$5K	$16	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0371%	8h	0.000004810	−0.071%	$30K	$10K	20x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0464%	1h	0.000004818	+0.089%	$589K	$25.4M	50x	as long as short
Phemex u1000PEPEUSDT	+0.0474%	8h	0.000004811	−0.058%	$2.3M	$6.3M	50x	as long as short
SoDEX 1000PEPE-USD	+0.0545%	1h	0.000004807	−0.139%	$2K	$9K	10x	as long as short
Injective PEPE/USDC PERP	+0.0555%	1h	0.000004820	+0.131%	$4K	$92K	12x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0582%	1h	0.000004810	−0.077%	$81K	$94K	25x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0629%	1h	0.000004856	+0.879%	$100K	$758K	25x	as long as short
Nado kPEPE-PERP	+0.0659%	1h	0.000004813	−0.010%	$179K	$866K	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0762%	1h	0.000004807	−0.133%	$3.9M	$12.9M	50x	as long as short
BingX 1000PEPE-USDTshort	+0.0766%	8h	0.000004811	−0.062%	—	$254.7M	—
Aevo 1000PEPE-PERP	+0.0800%	1h	0.000004813	−0.015%	$136K	—	3x	as long as short
MEXC PEPE_USDT	+0.0807%	8h	0.000004810	−0.069%	$89.4M	$288.8M	300x	as long as short
Binance 1000PEPEUSDT	+0.0807%	8h	0.000004811	−0.060%	$127.5M	$1.01B	75x	as long as short
Extended 1000PEPE-USD	+0.0808%	1h	0.000004806	−0.158%	$529K	$146K	25x	as long as short
Aster 1000PEPEUSDT	+0.0853%	8h	0.000004815	+0.031%	$1.5M	$6.7M	50x	as long as short
01 Exchange kPEPEUSD	+0.1264%	1h	0.000004823	+0.193%	$552	$2K	10x	as long as short