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 UTC−0.0279%/8h= −30.6% APRnext payment $2.79 per $10,000 · paid last 24h −0.014%
Price spread now: SunX against Orderly+0.089%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. SunX is 0.089% dearer against Orderly than usual: you sell high and buy low (spread +0.089% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_1000PEPE_USDC0.0000051810.0379pay 0.0379% / 8h1h 54m$34K$26K20x
ShortSunX 1000PEPE-USDT0.0000051860.0100get 0.0100% / 8h1h 54m$2K$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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
−$58.61
Price spread: +0.089% → 0.000%
$8.88
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$63.73
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell SunX live order book, 3 min ago500.08 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Orderly: 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 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%1h0.000005156−0.488%$10K$119K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005167−0.276%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0006% / S −0.0008%1h0.000005168−0.247%$4K150xas long as short
Pacifica kPEPE+0.0100%1h0.000005171−0.199%$60K$180K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005163−0.353%$101.3M$413.7M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005162−0.372%$163.6M$95.7M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005172−0.187%$25.7M$71.9M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005162−0.380%$615K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005173−0.161%$28K$539K20xas long as short
SunX 1000PEPE-USDTshort+0.0100%8h0.000005186+0.089%$2K$2.6M20x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX PEPE-USDT+0.0100%8h0.000005171−0.193%$589K$4.2M75xas long as short
SoDEX 1000PEPE-USD+0.0116%1h0.000005182+0.014%$2K$11K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005168−0.252%$8K15xas long as short
Bitget PEPEUSDT+0.0309%8h0.000005167−0.280%$46.3M$213.8M75xas long as short
Orderly PERP_1000PEPE_USDClong+0.0379%8h0.000005181long leg$34K$26K20x
OKX PEPE-USDT-SWAP+0.0415%8h0.000005166−0.295%$48.4M$722.9M50xas long as short
Kraken Futures PF_PEPEUSD+0.0451%1h0.000005179−0.045%$4.7M$16.8M50xas long as short
Paradex kPEPE-USD-PERP+0.0512%8h0.000005168−0.256%$6K20xas long as short
BloFin PEPE-USDT+0.0542%8h0.000005178−0.064%$4.6M$29.6M75xas long as short
Backpack kPEPE_USDC_PERP+0.0547%1h0.000005181−0.014%$72K$848K15xas long as short
Phemex u1000PEPEUSDT+0.0571%8h0.000005179−0.041%$2.4M$8.0M50xas long as short
Lighter 1000PEPE+0.0616%1h0.000005174−0.141%$622K$9.0M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005177−0.083%$704K$38.4M50xas long as short
01 Exchange kPEPEUSD+0.0640%1h0.000005171−0.199%$624$3K10xas long as short
Nado kPEPE-PERP+0.0715%1h0.000005168−0.263%$164K$956K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0716%1h0.000005180−0.025%$74K$127K25xas long as short
BingX 1000PEPE-USDC+0.0751%8h0.000005166−0.291%$2.3Mas long as short
Binance 1000PEPEUSDT+0.0782%8h0.000005168−0.248%$142.8M$1.44B75xas long as short
Extended 1000PEPE-USD+0.0784%1h0.000005164−0.331%$547K$285K25xas long as short
MEXC PEPE_USDT+0.0784%8h0.000005165−0.305%$98.4M$301.9M300xas long as short
Aevo 1000PEPE-PERP+0.0784%1h0.000005178−0.064%$146K3xas long as short
Aster 1000PEPEUSDT+0.0806%8h0.000005172−0.183%$1.8M$11.6M50xas long as short
Hyperliquid kPEPE+0.0916%1h0.000005178−0.064%$55.3M$154.4M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1132% / S −0.2351%1h0.000005000−3.499%$63K100xas long as short
ApeX Omni 1000PEPEUSDT+0.1244%1h0.000005189+0.149%$157K$818K25xas long as short