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 UTC+0.0246%/8h= +27.0% APRnext payment +$2.46 per $10,000 · paid last 24h +0.014%
Price spread now: Orderly against SunX−0.071%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Orderly is 0.071% cheaper against SunX than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 23 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 1000PEPE-USDT0.0000052120.0100pay 0.0100% / 8h4h 27m$2K$2.5M20x
ShortOrderly PERP_1000PEPE_USDC0.0000052090.0346get 0.0346% / 8h4h 27m$34K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$51.75
Price spread: −0.071% → 0.000%
−$7.1
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$30.65
Costs to cover
0.140%
Break-even
2.9 days
Slippage unknown: SunX: live order book, 10 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago500.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
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%1h0.000005213+0.013%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0006%1h0.000005200−0.242%$15K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005222+0.184%$66K$144K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005205−0.138%$101.6M$354.5M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005203−0.180%$174.7M$78.6M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005208−0.079%$26.3M$65.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005188−0.476%$760K$4.8Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005196−0.311%$37K$459K20xas long as short
SunX 1000PEPE-USDTlong+0.0100%8h0.000005212long leg$2K$2.5M20x
HTX PEPE-USDT+0.0100%8h0.000005226+0.259%$593K$3.7M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya kPEPERUSDPERP+0.0189%1h0.000005208−0.090%$8K15xas long as short
Bitget PEPEUSDT+0.0198%8h0.000005209−0.073%$48.2M$178.2M75xas long as short
Injective PEPE/USDC PERP+0.0254%1h0.000005173−0.756%$3K$102K12xas long as short
Orderly PERP_1000PEPE_USDCshort+0.0346%8h0.000005209−0.071%$34K$24K20x
OKX PEPE-USDT-SWAP+0.0378%8h0.000005208−0.084%$48.8M$628.5M50xas long as short
BloFin PEPE-USDT+0.0497%8h0.000005214+0.031%$4.4M$26.5M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0519%1h0.000005207−0.104%$74K$125K25xas long as short
Phemex u1000PEPEUSDT+0.0525%8h0.000005211−0.017%$2.6M$7.3M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0672%1h0.000005211−0.027%$993K$33.5M50xas long as short
BingX 1000PEPE-USDC+0.0684%8h0.000005210−0.046%$2.3Mas long as short
Extended 1000PEPE-USD+0.0736%1h0.000005209−0.065%$553K$226K25xas long as short
Aevo 1000PEPE-PERP+0.0736%1h0.000005216+0.069%$147K3xas long as short
MEXC PEPE_USDT+0.0738%8h0.000005209−0.069%$99.4M$290.3M300xas long as short
Binance 1000PEPEUSDT+0.0738%8h0.000005213+0.012%$150.0M$1.25B75xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0771% / S −0.1552%1h0.000005000−4.075%$64K100xas long as short
Paradex kPEPE-USD-PERP+0.0817%8h0.000005213+0.013%$6K20xas long as short
Nado kPEPE-PERP+0.0826%1h0.000005211−0.027%$194K$897K10xas long as short
ApeX Omni 1000PEPEUSDT+0.0834%1h0.000005220+0.146%$104K$743K25xas long as short
Aster 1000PEPEUSDT+0.0854%8h0.000005210−0.050%$1.9M$9.5M50xas long as short
SoDEX 1000PEPE-USD+0.0872%1h0.000005211−0.027%$2K$10K10xas long as short
Lighter 1000PEPE+0.0872%1h0.000005214+0.031%$599K$8.3M10xas long as short
Backpack kPEPE_USDC_PERP+0.1168%1h0.000005228+0.299%$99K$666K15xas long as short
01 Exchange kPEPEUSD+0.1168%1h0.000005213+0.012%$629$3K10xas long as short
Kraken Futures PF_PEPEUSD+0.1250%1h0.000005212−0.008%$4.7M$15.9M50xas long as short
Hyperliquid kPEPE+0.1592%1h0.000005214+0.031%$56.2M$141.7M10xas long as short