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: SunX against Bybit+0.029%7-day average +0.192% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1431.425% 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)+0.263%+$26 · spread now +0.029%, 7d avg +0.192%
Together, before fees+0.389%+$39 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: SunX is 0.162% cheaper against Bybit than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.192%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 1000PEPEUSDT0.0000051010.0100pay 0.0100% / 8h1h 18m$99.4M$419.6M50x
ShortSunX 1000PEPE-USDT0.0000051020.0100get 0.0100% / 8h1h 18m$2K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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: +0.029% → +0.192%
−$16.21
Slippage, 4 orders
−$123.51
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$158.73
Costs to cover
1.425%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; SunX: live order book, 9 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 Bybit live order book, 5 min ago0.98 bp8.2 bp −$811.4 bp −$11424.9 bp −$2,491127.7 bp −$63.9K
Sell SunX live order book, 9 min ago29.08 bp78.3 bp −$78doesn't fitdoesn't fitdoesn't fit

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
Injective PEPE/USDC PERP−0.0016%1h0.000005109+0.157%$9K$120K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005094−0.135%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005093−0.161%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.0000051010.000%$59K$181K10xas long as short
Bybit 1000PEPEUSDTlong+0.0100%8h0.000005101long leg$99.4M$419.6M50x
Gate PEPE_USDT+0.0100%8h0.000005097−0.078%$162.4M$97.4M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005099−0.037%$25.9M$72.5M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005098−0.066%$596K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005087−0.281%$28K$542K20xas long as short
SunX 1000PEPE-USDTshort+0.0100%8h0.000005102+0.029%$2K$2.7M20x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005098−0.053%$591K$4.2M75xas long as short
SoDEX 1000PEPE-USD+0.0181%1h0.000005097−0.078%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005097−0.075%$8K15xas long as short
Bitget PEPEUSDT+0.0286%8h0.000005100−0.016%$45.6M$215.9M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0310%1h0.000005094−0.137%$154K$824K25xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0339%1h0.000005095−0.118%$73K$127K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0394%8h0.000005096−0.100%$34K$26K20xas long as short
OKX PEPE-USDT-SWAP+0.0397%8h0.000005104+0.059%$47.1M$725.5M50xas long as short
Backpack kPEPE_USDC_PERP+0.0429%1h0.000005098−0.063%$73K$860K15xas long as short
Kraken Futures PF_PEPEUSD+0.0458%1h0.000005095−0.113%$4.6M$16.5M50xas long as short
Paradex kPEPE-USD-PERP+0.0509%8h0.000005100−0.022%$6K20xas long as short
BloFin PEPE-USDT+0.0518%8h0.000005095−0.118%$4.4M$29.3M75xas long as short
Phemex u1000PEPEUSDT+0.0565%8h0.000005099−0.039%$2.4M$8.0M50xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005096−0.098%$680K$38.5M50xas long as short
Lighter 1000PEPE+0.0680%1h0.000005105+0.078%$608K$9.1M10xas long as short
01 Exchange kPEPEUSD+0.0688%1h0.000005106+0.098%$616$3K10xas long as short
BingX 1000PEPE-USDC+0.0730%8h0.000005101−0.006%$2.3Mas long as short
Nado kPEPE-PERP+0.0752%1h0.000005102+0.016%$164K$959K10xas long as short
Aster 1000PEPEUSDT+0.0764%8h0.000005100−0.017%$1.7M$11.7M50xas long as short
Extended 1000PEPE-USD+0.0768%1h0.000005100−0.025%$541K$280K25xas long as short
Aevo 1000PEPE-PERP+0.0768%1h0.000005100−0.020%$144K3xas long as short
MEXC PEPE_USDT+0.0769%8h0.000005094−0.135%$98.4M$305.7M300xas long as short
Binance 1000PEPEUSDT+0.0770%8h0.000005095−0.119%$140.2M$1.47B75xas long as short
Hyperliquid kPEPE+0.0947%1h0.000005107+0.118%$52.9M$156.5M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1130% / S −0.2257%1h0.000005000−1.980%$63K100xas long as short