Funding you earn now, next payment 01:00 UTC+0.0516%/8h= +56.5% APRpaid last 24h +0.080%
Price spread now: Lighter against SunX−0.876%7-day average −0.121% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 3 days (all we have)+0.625%+$62 · spread now −0.876%, 7d avg −0.121%
=Together, before fees+0.707%+ Points / potential airdropLighter: Season 3 · farm board+$71 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.755% cheaper against SunX than usual: you would sell low and buy high (spread −0.876% now, against its 7-day average of −0.121%). If the spread goes back, that is −$76 on $10k: about 4.9 days of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.083% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX 1000PEPE-USDT | 0.000005070 | 0.0100 | pay 0.0100% / 8h | 7h 03m | $1K | $2.4M | 20x |
| Short | Lighter 1000PEPE | 0.000005026 | 0.0616 | get 0.0077% / 1h | 3m 39s | $650K | $6.9M | 10x |
SunX 1000PEPE-USDT
Lighter 1000PEPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- $108.36
- Price spread: −0.876% → −0.121%
- −$75.51
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $24.85
- Costs to cover
- 0.080%
- Break-even
- 5.4 days
Slippage unknown: SunX: live order book, 3 min ago; Lighter: live order book, 5 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 SunX live order book, 3 min ago | 265.30 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 4.92 bp | 5.4 bp −$5 | 19.2 bp −$192 | 44.4 bp −$4,442 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PEPEUSD | −0.0116% | 1h | 0.000005047 | −0.465% | $4.0M | $14.3M | 50x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000005016 | −1.080% | $18K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005061 | −0.195% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005020 | −0.994% | $59K | $120K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005016 | −1.073% | $95.5M | $311.8M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005010 | −1.191% | $161.3M | $69.4M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000005021 | −0.966% | $25.5M | $57.8M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000005012 | −1.162% | $44.5M | $156.0M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005053 | −0.352% | $591K | $4.4M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005083 | +0.253% | $46K | $386K | 20x | as long as short |
Kraken Futures PF_PEPEUSD
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX 1000PEPE-USDTlong | +0.0100% | 8h | 0.000005070 | long leg | $1K | $2.4M | 20x | |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000005050 | −0.402% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005046 | −0.471% | $568K | $3.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0100% | 8h | 0.000005041 | −0.582% | $2.4M | $6.8M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005069 | −0.031% | $8K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0191% | 8h | 0.000005022 | −0.955% | $44.7M | $545.9M | 50x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0235% | 1h | 0.000005063 | −0.146% | $111K | $752K | 25x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0271% | 8h | 0.000005064 | −0.118% | $33K | $22K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0306% | 8h | 0.000005018 | −1.031% | $6K | $16 | 20x | as long as short |
| BloFin PEPE-USDT | +0.0308% | 8h | 0.000005060 | −0.205% | $4.2M | $24.5M | 75x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0343% | 1h | 0.000005061 | −0.185% | $61K | $114K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0368% | 1h | 0.000005072 | +0.032% | $605K | $28.4M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0452% | 8h | 0.000005007 | −1.254% | — | $257.7M | — | as long as short |
| Extended 1000PEPE-USD | +0.0472% | 1h | 0.000005009 | −1.218% | $552K | $199K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0472% | 1h | 0.000005059 | −0.225% | $143K | — | 3x | as long as short |
| MEXC PEPE_USDT | +0.0475% | 8h | 0.000005010 | −1.197% | $97.7M | $293.1M | 300x | as long as short |
| Binance 1000PEPEUSDT | +0.0476% | 8h | 0.000005020 | −1.002% | $138.8M | $1.13B | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0501% / S −0.0406% | 1h | 0.000005000 | −1.388% | $63K | — | 100x | as long as short |
| Aster 1000PEPEUSDT | +0.0535% | 8h | 0.000005026 | −0.868% | $1.4M | $7.8M | 50x | as long as short |
| Nado kPEPE-PERP | +0.0590% | 1h | 0.000005021 | −0.971% | $188K | $867K | 10x | as long as short |
| Lighter 1000PEPEshort | +0.0616% | 1h | 0.000005026 | −0.876% | $650K | $6.9M | 10x | |
| Injective PEPE/USDC PERP | +0.0636% | 1h | 0.000005083 | +0.249% | $4K | $102K | 12x | as long as short |
| 01 Exchange kPEPEUSD | +0.0664% | 1h | 0.000005027 | −0.856% | $1K | $2K | 10x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0666% | 1h | 0.000005045 | −0.511% | $95K | $601K | 15x | as long as short |
| Hyperliquid kPEPE | +0.2280% | 1h | 0.000005039 | −0.619% | $56.1M | $133.1M | 10x | as long as short |
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Phemex u1000PEPEUSDT
Reya kPEPERUSDPERP
OKX PEPE-USDT-SWAP
ApeX Omni 1000PEPEUSDT
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
MEXC PEPE_USDT
Binance 1000PEPEUSDT
GMX PEPE/USD [ETH-USDC]
Aster 1000PEPEUSDT
Nado kPEPE-PERP
Injective PEPE/USDC PERP
01 Exchange kPEPEUSD
Backpack kPEPE_USDC_PERP
Hyperliquid kPEPE