Funding you earn now, next payment 00:00 UTC+0.0484%/8h= +53.0% APRpaid last 24h +0.019%
Price spread now: Deribit against SunX−0.121%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Deribit is 0.121% cheaper against SunX than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 20 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment. 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 | 0.000004804 | 0.0100 | pay 0.0100% / 8h | 55m 26s | $2K | $2.4M | 20x |
| Short | Deribit 1000PEPE_USDC-PERPETUAL | 0.000004798 | 0.0584 | get 0.0073% / 1h | 55m 26s | $81K | $94K | 25x |
SunX 1000PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $101.72
- Price spread: −0.121% → 0.000%
- −$12.07
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $74.65
- Costs to cover
- 0.150%
- Break-even
- 1.9 days
Slippage unknown: SunX: live order book, 1 min ago; Deribit: no order-book sample. 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, 1 min ago | 500.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0125% | 1h | 0.000004800 | −0.079% | $65.7M | $86.7M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004800 | −0.074% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0006% | 1h | 0.000004793 | −0.231% | $14K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0066% | 1h | 0.000004801 | −0.050% | $3.9M | $13.4M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004803 | −0.017% | $59K | $114K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004809 | +0.108% | $86.9M | $286.6M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004800 | −0.079% | $150.8M | $63.7M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004803 | −0.027% | $24.7M | $54.2M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004808 | +0.085% | $42.4M | $149.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004783 | −0.436% | $548K | $4.0M | — | as long as short |
Hyperliquid kPEPE
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
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 | 0.000004805 | +0.028% | $28K | $344K | 20x | as long as short |
| SunX 1000PEPE-USDTlong | +0.0100% | 8h | 0.000004804 | long leg | $2K | $2.4M | 20x | |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004799 | −0.100% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004796 | −0.156% | $543K | $3.5M | 75x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004806 | +0.046% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0221% | 8h | 0.000004811 | +0.150% | $41.5M | $496.9M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0228% | 8h | 0.000004806 | +0.046% | $5K | $16 | 20x | as long as short |
| 01 Exchange kPEPEUSD | +0.0248% | 1h | 0.000004810 | +0.129% | $551 | $2K | 10x | as long as short |
| Phemex u1000PEPEUSDT | +0.0282% | 8h | 0.000004799 | −0.096% | $2.3M | $6.4M | 50x | as long as short |
| BloFin PEPE-USDT | +0.0342% | 8h | 0.000004802 | −0.037% | $3.9M | $22.3M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0346% / S −0.0380% | 1h | 0.000004000 | −16.733% | $42K | — | 100x | as long as short |
| Lighter 1000PEPE | +0.0368% | 1h | 0.000004806 | +0.046% | $658K | $6.2M | 10x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004803 | −0.017% | $567K | $25.7M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004808 | +0.087% | $4K | $102K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0442% | 8h | 0.000004799 | −0.102% | $29K | $11K | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0537% | 1h | 0.000004800 | −0.083% | $91K | $617K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUALshort | +0.0584% | 1h | 0.000004798 | −0.121% | $81K | $94K | 25x | |
| ApeX Omni 1000PEPEUSDT | +0.0598% | 1h | 0.000004805 | +0.025% | $100K | $761K | 25x | as long as short |
| BingX 1000PEPE-USDC | +0.0693% | 8h | 0.000004810 | +0.137% | — | $2.3M | — | as long as short |
| Extended 1000PEPE-USD | +0.0712% | 1h | 0.000004809 | +0.117% | $529K | $148K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0712% | 8h | 0.000004809 | +0.108% | $93.2M | $278.0M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0712% | 8h | 0.000004811 | +0.152% | $132.1M | $1.05B | 75x | as long as short |
| Aster 1000PEPEUSDT | +0.0716% | 8h | 0.000004803 | −0.007% | $1.5M | $7.2M | 50x | as long as short |
| Aevo 1000PEPE-PERP | +0.0720% | 1h | 0.000004801 | −0.058% | $136K | — | 3x | as long as short |
| Nado kPEPE-PERP | +0.0815% | 1h | 0.000004812 | +0.167% | $184K | $845K | 10x | as long as short |
edgeX 1000PEPEUSDC
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
Paradex kPEPE-USD-PERP
01 Exchange kPEPEUSD
Phemex u1000PEPEUSDT
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Lighter 1000PEPE
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Backpack kPEPE_USDC_PERP
ApeX Omni 1000PEPEUSDT
BingX 1000PEPE-USDC
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aster 1000PEPEUSDT
Aevo 1000PEPE-PERP
Nado kPEPE-PERP