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 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.135%
Price spread now: SunX against Hyperliquid+0.115%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1391.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.498%−$50 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.115%, 7d avg +0.046%
Together, before fees−0.407%+ Points / potential airdropHyperliquid: Season 2 · farm board−$41 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 0.069% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid kPEPE0.0000048740.0100pay 0.0013% / 1h10m 14s$48.1M$126.1M10x
ShortSunX 1000PEPE-USDT0.0000048800.0100get 0.0100% / 8h3h 10m$2K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Hyperliquid. 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: +0.115% → +0.046%
$6.85
Slippage, 4 orders
−$122.44
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$132.59
Costs to cover
1.394%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; SunX: live order book, 10 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 Hyperliquid live order book, 7 min ago1.03 bp7.0 bp −$79.7 bp −$97doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago29.11 bp78.4 bp −$78doesn't fitdoesn't fitdoesn't fit

PEPE on 35 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PEPEUSD−0.0215%1h0.000004872−0.032%$3.9M$10.9M50xas long as short
dYdX PEPE-USD0.0000%1h0.000004871−0.054%$23K$22K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL0.0000%1h0.000004873−0.021%$39K$83K25xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0003%1h0.000004870−0.082%$3K150xas long as short
Injective PEPE/USDC PERP+0.0033%1h0.000004901+0.554%$3K$85K12xas long as short
Aevo 1000PEPE-PERP+0.0096%1h0.000004873−0.021%$138K3xas long as short
Nado kPEPE-PERP+0.0100%1h0.000004871−0.062%$146K$343K10xas long as short
Hyperliquid kPEPElong+0.0100%1h0.000004874long leg$48.1M$126.1M10x
Aster 1000PEPEUSDT+0.0100%8h0.000004876+0.049%$1.6M$8.6M50xas long as short
Pacifica kPEPE+0.0100%1h0.000004872−0.041%$58K$119K10xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance 1000PEPEUSDT+0.0100%8h0.000004872−0.048%$117.6M$1.03B75xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004873−0.031%$90.8M$294.5M50xas long as short
OKX PEPE-USDT-SWAP+0.0100%8h0.0000048740.000%$42.9M$468.8M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004870−0.082%$140.0M$72.6M75xas long as short
MEXC PEPE_USDT+0.0100%8h0.000004872−0.049%$106.9M$189.5M300xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004871−0.057%$22.1M$52.9M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004871−0.055%$41.6M$160.2M75xas long as short
BingX 1000PEPE-USDC+0.0100%8h0.000004868−0.131%$2.3Mas long as short
Backpack kPEPE_USDC_PERP+0.0100%1h0.000004873−0.018%$101K$606K15xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004861−0.269%$605K$3.5Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004865−0.195%$27K$642K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004862−0.246%$86K$824K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0100%8h0.000004871−0.051%$32K$25K20xas long as short
SunX 1000PEPE-USDTshort+0.0100%8h0.000004880+0.115%$2K$1.2M20x
SoDEX 1000PEPE-USD+0.0100%1h0.000004873−0.021%$1K$10K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004871−0.055%$570K$2.0M75xas long as short
Phemex u1000PEPEUSDT+0.0100%8h0.000004873−0.014%$2.3M$7.3M50xas long as short
Paradex kPEPE-USD-PERP+0.0104%8h0.000004873−0.030%$5K$9K20xas long as short
Extended 1000PEPE-USD+0.0104%1h0.000004872−0.032%$510K$195K25xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0160%1h0.000004872−0.041%$741K$20.3M50xas long as short
Reya kPEPERUSDPERP+0.0190%1h0.000004872−0.033%$7K15xas long as short
BloFin PEPE-USDT+0.0220%8h0.000004870−0.082%$4.3M$17.7M75xas long as short
01 Exchange kPEPEUSD+0.0272%1h0.0000048740.000%$588$2K10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0343% / S −0.0458%1h0.000004000−17.932%$50K100xas long as short
Lighter 1000PEPE+0.0448%1h0.000004879+0.103%$863K$6.0M10xas long as short