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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against SunX−0.132%7-day average −0.194% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1421.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 4 days (all we have)−0.169%−$17 · spread now −0.132%, 7d avg −0.194%
Together, before fees−0.296%−$30 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: Bybit is 0.063% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.194%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 1000PEPE-USDT0.0000050180.0100pay 0.0100% / 8h2h 41m$2K$2.6M20x
ShortBybit 1000PEPEUSDT0.0000050110.0100get 0.0100% / 8h2h 41m$98.8M$401.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: −0.132% → −0.194%
$6.26
Slippage, 4 orders
−$123.28
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$136.02
Costs to cover
1.423%
Break-even
never at this rate
Slippage from SunX: live order book, 6 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago29.07 bp47.1 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago1.00 bp8.4 bp −$814.2 bp −$14228.0 bp −$2,803190.7 bp −$95.4K

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%1h0.000005022+0.085%$18K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0001%1h0.000005008−0.197%$6K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005027+0.187%$58K$176K10xas long as short
Bybit 1000PEPEUSDTshort+0.0100%8h0.000005011−0.132%$98.8M$401.6M50x
Gate PEPE_USDT+0.0100%8h0.000005010−0.151%$162.1M$93.5M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005013−0.094%$25.2M$70.4M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005051+0.658%$595K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005029+0.226%$28K$536K20xas long as short
SunX 1000PEPE-USDTlong+0.0100%8h0.000005018long leg$2K$2.6M20x
HTX PEPE-USDT+0.0100%8h0.000005013−0.084%$565K$4.1M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0181%1h0.000005013−0.092%$2K$10K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005015−0.044%$8K15xas long as short
Bitget PEPEUSDT+0.0342%8h0.000005012−0.108%$45.3M$209.2M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0410%8h0.000005013−0.088%$33K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0421%8h0.000005013−0.092%$46.3M$680.9M50xas long as short
BloFin PEPE-USDT+0.0546%8h0.000005011−0.132%$4.4M$27.8M75xas long as short
Paradex kPEPE-USD-PERP+0.0548%8h0.000005020+0.045%$6K20xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0549%1h0.000005012−0.112%$71K$127K25xas long as short
Phemex u1000PEPEUSDT+0.0637%8h0.000005006−0.241%$2.4M$7.9M50xas long as short
01 Exchange kPEPEUSD+0.0664%1h0.000005026+0.167%$606$3K10xas long as short
Backpack kPEPE_USDC_PERP+0.0675%1h0.000005027+0.183%$73K$828K15xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0680%1h0.000005018+0.008%$621K$36.7M50xas long as short
Lighter 1000PEPE+0.0752%1h0.000005016−0.032%$597K$9.0M10xas long as short
Nado kPEPE-PERP+0.0769%1h0.000005018+0.013%$166K$942K10xas long as short
BingX 1000PEPE-USDC+0.0769%8h0.000005010−0.149%$2.3Mas long as short
Aevo 1000PEPE-PERP+0.0800%1h0.000005014−0.072%$142K3xas long as short
MEXC PEPE_USDT+0.0805%8h0.000005006−0.235%$96.9M$299.8M300xas long as short
Binance 1000PEPEUSDT+0.0805%8h0.000005009−0.181%$141.2M$1.40B75xas long as short
Extended 1000PEPE-USD+0.0808%1h0.000005012−0.111%$533K$277K25xas long as short
Kraken Futures PF_PEPEUSD+0.0853%1h0.000005009−0.176%$4.6M$16.7M50xas long as short
Aster 1000PEPEUSDT+0.0870%8h0.000005010−0.155%$1.8M$11.1M50xas long as short
ApeX Omni 1000PEPEUSDT+0.0970%1h0.000005028+0.207%$154K$814K25xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1078% / S −0.2007%1h0.000005000−0.351%$64K100xas long as short
Hyperliquid kPEPE+0.1106%1h0.000005019+0.028%$53.2M$151.1M10xas long as short
Injective PEPE/USDC PERP+0.1379%1h0.000005034+0.327%$3K$111K12xas long as short