Funding you earn now, next payment 11:00 UTC−0.0693%/8h= −75.9% APRpaid last 24h −0.131%
Price spread now: SunX against GMX+23.273%185s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. SunX is 23.273% dearer against GMX than usual: you sell high and buy low (spread +23.273% now, against zero (this spread has no 7-day history yet)): +$2,327 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 4 months. The two prices were read 185 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX PEPE/USD [ETH-USDC] | 0.000004000 | L +0.0793% / S −0.0894% | pay 0.0099% / 1h | 2m 55s | $50K | — | 100x |
| Short | SunX 1000PEPE-USDT | 0.000004931 | 0.0100 | get 0.0100% / 8h | 5h 02m | $2K | $2.5M | 20x |
GMX PEPE/USD [ETH-USDC]
SunX 1000PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against GMX. 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
- −$145.58
- Price spread: +23.273% → 0.000%
- $2,327.25
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $2,161.67
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; SunX: live order book, 8 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 GMX no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 8 min ago | 29.12 bp | 78.3 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
GMX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0373% | 1h | 0.000004923 | +23.086% | $4.5M | $16.1M | 50x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004920 | +23.010% | $3K | — | 150x | as long as short |
| 01 Exchange kPEPEUSD | +0.0048% | 1h | 0.000004923 | +23.075% | $594 | $2K | 10x | as long as short |
| Lighter 1000PEPE | +0.0096% | 1h | 0.000004928 | +23.200% | $598K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0100% | 1h | 0.000004925 | +23.117% | $139K | $952K | 10x | as long as short |
| Hyperliquid kPEPE | +0.0100% | 1h | 0.000004923 | +23.075% | $49.9M | $155.2M | 10x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004923 | +23.075% | $58K | $198K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004924 | +23.100% | $92.5M | $446.1M | 50x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0100% | 8h | 0.000004926 | +23.150% | $44.0M | $719.5M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004923 | +23.075% | $149.3M | $104.5M | 75x | as long as short |
Kraken Futures PF_PEPEUSD
gTrade (Gains Network) PEPE/USD
01 Exchange kPEPEUSD
Lighter 1000PEPE
Nado kPEPE-PERP
Hyperliquid kPEPE
Pacifica kPEPE
Bybit 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Gate PEPE_USDTShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004924 | +23.098% | $24.6M | $76.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004922 | +23.060% | $43.6M | $233.9M | 75x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0100% | 1h | 0.000004922 | +23.053% | $74K | $997K | 15x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004923 | +23.080% | $638K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004924 | +23.106% | $26K | $574K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004926 | +23.150% | $109K | $871K | 25x | as long as short |
| SunX 1000PEPE-USDTshort | +0.0100% | 8h | 0.000004931 | +23.273% | $2K | $2.5M | 20x | |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004924 | +23.100% | $2K | $11K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004926 | +23.155% | $579K | $4.3M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000004930 | +23.243% | $2.3M | $8.1M | 50x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0107% | 8h | 0.000004924 | +23.101% | $6K | — | 20x | as long as short |
| Extended 1000PEPE-USD | +0.0128% | 1h | 0.000004922 | +23.038% | $517K | $288K | 25x | as long as short |
| MEXC PEPE_USDT | +0.0131% | 8h | 0.000004921 | +23.025% | $99.0M | $299.3M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0132% | 8h | 0.000004924 | +23.103% | $127.2M | $1.53B | 75x | as long as short |
| Aevo 1000PEPE-PERP | +0.0136% | 1h | 0.000004926 | +23.150% | $139K | — | 3x | as long as short |
| Aster 1000PEPEUSDT | +0.0138% | 8h | 0.000004923 | +23.084% | $1.7M | $12.6M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0140% | 8h | 0.000004925 | +23.120% | — | $180.5M | — | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0156% | 1h | 0.000004926 | +23.150% | $61K | $119K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004923 | +23.074% | $7K | — | 15x | as long as short |
| BloFin PEPE-USDT | +0.0220% | 8h | 0.000004922 | +23.050% | $4.2M | $28.3M | 75x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0279% | 8h | 0.000004927 | +23.170% | $32K | $30K | 20x | as long as short |
| Injective PEPE/USDC PERP | +0.0284% | 1h | 0.000004904 | +22.600% | $3K | $123K | 12x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004928 | +23.200% | $736K | $38.7M | 50x | as long as short |
| GMX PEPE/USD [ETH-USDC]long | L +0.0793% / S −0.0894% | 1h | 0.000004000 | long leg | $50K | — | 100x | |
| dYdX PEPE-USD | +0.3476% | 1h | 0.000004925 | +23.118% | $25K | $18K | 10x | as long as short |
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Backpack kPEPE_USDC_PERP
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Paradex kPEPE-USD-PERP
Extended 1000PEPE-USD
MEXC PEPE_USDT
Binance 1000PEPEUSDT
Aevo 1000PEPE-PERP
Aster 1000PEPEUSDT
BingX 1000PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Reya kPEPERUSDPERP
BloFin PEPE-USDT
Orderly PERP_1000PEPE_USDC
Injective PEPE/USDC PERP
Coinbase International 1000PEPE-PERP-INTX
dYdX PEPE-USD