Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h +0.003%
Price spread now: SunX against KuCoin−0.221%7-day average +0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1561.563% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.506%+$51 · spread now −0.221%, 7d avg +0.171%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.392% cheaper against KuCoin than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of +0.171%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PEPEUSDTM | 0.000005163 | 0.0129 | pay 0.0129% / 8h | 34m 42s | $26.8M | $73.8M | 75x |
| Short | SunX 1000PEPE-USDT | 0.000005152 | 0.0100 | get 0.0100% / 8h | 34m 42s | $2K | $2.7M | 20x |
KuCoin PEPEUSDTM
SunX 1000PEPE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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
- −$6.09
- Price spread: −0.221% → +0.171%
- −$39.16
- Slippage, 4 orders
- −$136.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$201.56
- Costs to cover
- 1.563%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; SunX: live order book, 3 min ago.
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 KuCoin live order book, 4 min ago | 0.48 bp | 19.0 bp −$19 | 29.4 bp −$294 | 58.3 bp −$5,832 | doesn't fit |
| Sell SunX live order book, 3 min ago | 29.07 bp | 78.4 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005155 | −0.156% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005142 | −0.420% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005160 | −0.068% | $60K | $183K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005156 | −0.138% | $99.2M | $428.0M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005156 | −0.145% | $163.6M | $98.9M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005160 | −0.058% | $615K | $5.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005166 | +0.044% | $28K | $546K | 20x | as long as short |
| SunX 1000PEPE-USDTshort | +0.0100% | 8h | 0.000005152 | −0.221% | $2K | $2.7M | 20x | |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005153 | −0.196% | $600K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTMlong | +0.0129% | 8h | 0.000005163 | long leg | $26.8M | $73.8M | 75x |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
HTX PEPE-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0139% | 1h | 0.000005144 | −0.378% | $73K | $127K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005151 | −0.234% | $8K | — | 15x | as long as short |
| SoDEX 1000PEPE-USD | +0.0222% | 1h | 0.000005151 | −0.242% | $2K | $11K | 10x | as long as short |
| Bitget PEPEUSDT | +0.0267% | 8h | 0.000005161 | −0.054% | $46.3M | $219.5M | 75x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0298% | 1h | 0.000005165 | +0.029% | $150K | $833K | 25x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0374% | 8h | 0.000005158 | −0.107% | $47.6M | $745.9M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005148 | −0.300% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0412% | 8h | 0.000005149 | −0.283% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0478% | 8h | 0.000005160 | −0.060% | $6K | — | 20x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0485% | 1h | 0.000005159 | −0.085% | $76K | $877K | 15x | as long as short |
| BloFin PEPE-USDT | +0.0497% | 8h | 0.000005156 | −0.145% | $4.5M | $30.2M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0523% | 8h | 0.000005149 | −0.281% | $2.4M | $8.1M | 50x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005162 | −0.029% | $671K | $39.8M | 50x | as long as short |
| Lighter 1000PEPE | +0.0576% | 1h | 0.000005161 | −0.048% | $619K | $9.0M | 10x | as long as short |
| BingX 1000PEPE-USDT | +0.0709% | 8h | 0.000005159 | −0.095% | — | $218.6M | — | as long as short |
| Nado kPEPE-PERP | +0.0709% | 1h | 0.000005150 | −0.256% | $165K | $956K | 10x | as long as short |
| 01 Exchange kPEPEUSD | +0.0712% | 1h | 0.000005157 | −0.126% | $622 | $2K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0713% | 1h | 0.000005149 | −0.280% | $4.7M | $16.8M | 50x | as long as short |
| Aster 1000PEPEUSDT | +0.0725% | 8h | 0.000005160 | −0.068% | $1.8M | $11.9M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0739% | 8h | 0.000005159 | −0.088% | $141.9M | $1.49B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0741% | 8h | 0.000005159 | −0.083% | $100.8M | $306.0M | 300x | as long as short |
| Extended 1000PEPE-USD | +0.0744% | 1h | 0.000005166 | +0.045% | $542K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0744% | 1h | 0.000005130 | −0.649% | $145K | — | 3x | as long as short |
| Hyperliquid kPEPE | +0.0946% | 1h | 0.000005163 | −0.010% | $53.8M | $157.8M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1068% / S −0.1502% | 1h | 0.000005000 | −3.166% | $47K | — | 100x | as long as short |
Deribit 1000PEPE_USDC-PERPETUAL
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
Bitget PEPEUSDT
ApeX Omni 1000PEPEUSDT
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
Backpack kPEPE_USDC_PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Coinbase International 1000PEPE-PERP-INTX
Lighter 1000PEPE
BingX 1000PEPE-USDT
Nado kPEPE-PERP
01 Exchange kPEPEUSD
Kraken Futures PF_PEPEUSD
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]