Funding arb · Price arb /

PEPE

all PEPE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Pacifica+0.108%7-day average +0.146% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1571.565% of the position

Long on Pacifica Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.307%+$31 · spread now +0.108%, 7d avg +0.146%

Together, before fees+0.309%+ Points / potential airdropPacifica: Active · farm board+$31 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 0.038% cheaper against Pacifica than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.146%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica kPEPE	0.000005095	0.0100	pay 0.0013% / 1h	35m 59s	$59K	$186K	10x
Short	SunX 1000PEPE-USDT	0.000005100	0.0100	get 0.0100% / 8h	7h 35m	$2K	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee SunXbpOrdersPrice spread, now +0.108%Rate

Funding earned: $0
Price spread: +0.108% → +0.146%: −$3.76
Slippage, 4 orders: −$140.54
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$160.3
Costs to cover: 1.565%
Break-even: never at this rate

Slippage from Pacifica: live order book, 62 min ago; SunX: live order book, 12 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 Pacifica live order book, 62 min ago	10.65 bp	15.7 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	29.18 bp	78.5 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
gTrade (Gains Network) PEPE/USD	L +0.0006% / S −0.0008%	1h	0.000005085	−0.204%	$4K	—	150x	as long as short
Pacifica kPEPElong	+0.0100%	1h	0.000005095	long leg	$59K	$186K	10x
Bybit 1000PEPEUSDT	+0.0100%	8h	0.000005086	−0.179%	$98.2M	$436.5M	50x	as long as short
Gate PEPE_USDT	+0.0100%	8h	0.000005086	−0.177%	$161.6M	$99.5M	75x	as long as short
Variational Omni 1000PEPE	+0.0100%	8h	0.000005099	+0.072%	$638K	$5.4M	—	as long as short
edgeX 1000PEPEUSDC	+0.0100%	4h	0.000005089	−0.124%	$28K	$550K	20x	as long as short
SunX 1000PEPE-USDTshort	+0.0100%	8h	0.000005100	+0.108%	$2K	$2.7M	20x
HTX PEPE-USDT	+0.0100%	8h	0.000005087	−0.157%	$598K	$4.2M	75x	as long as short
Injective PEPE/USDC PERP	+0.0147%	1h	0.000005082	−0.255%	$7K	$121K	12x	as long as short
SoDEX 1000PEPE-USD	+0.0149%	1h	0.000005090	−0.098%	$2K	$11K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin PEPEUSDTM	+0.0164%	8h	0.000005087	−0.147%	$26.6M	$74.8M	75x	as long as short
Reya kPEPERUSDPERP	+0.0189%	1h	0.000005089	−0.118%	$8K	—	15x	as long as short
Bitget PEPEUSDT	+0.0205%	8h	0.000005087	−0.159%	$45.8M	$222.5M	75x	as long as short
OKX PEPE-USDT-SWAP	+0.0328%	8h	0.000005086	−0.177%	$46.5M	$745.2M	50x	as long as short
ApeX Omni 1000PEPEUSDT	+0.0337%	1h	0.000005088	−0.137%	$148K	$838K	25x	as long as short
Deribit 1000PEPE_USDC-PERPETUAL	+0.0340%	1h	0.000005089	−0.118%	$72K	$128K	25x	as long as short
Phemex u1000PEPEUSDT	+0.0403%	8h	0.000005086	−0.171%	$2.3M	$8.1M	50x	as long as short
Backpack kPEPE_USDC_PERP	+0.0414%	1h	0.000005087	−0.161%	$97K	$908K	15x	as long as short
Paradex kPEPE-USD-PERP	+0.0414%	8h	0.000005097	+0.032%	$6K	—	20x	as long as short
Orderly PERP_1000PEPE_USDC	+0.0434%	8h	0.000005092	−0.051%	$33K	$27K	20x	as long as short
BloFin PEPE-USDT	+0.0450%	8h	0.000005095	0.000%	$4.4M	$30.3M	75x	as long as short
Hyperliquid kPEPE	+0.0479%	1h	0.000005090	−0.098%	$52.8M	$160.4M	10x	as long as short
Coinbase International 1000PEPE-PERP-INTX	+0.0504%	1h	0.000005089	−0.118%	$679K	$39.6M	50x	as long as short
01 Exchange kPEPEUSD	+0.0536%	1h	0.000005096	+0.020%	$615	$2K	10x	as long as short
Lighter 1000PEPE	+0.0568%	1h	0.000005093	−0.039%	$609K	$9.0M	10x	as long as short
Kraken Futures PF_PEPEUSD	+0.0623%	1h	0.000005086	−0.175%	$4.7M	$16.7M	50x	as long as short
BingX 1000PEPE-USDT	+0.0638%	8h	0.000005087	−0.161%	—	$176.3M	—	as long as short
Extended 1000PEPE-USD	+0.0656%	1h	0.000005086	−0.168%	$537K	$282K	25x	as long as short
Aevo 1000PEPE-PERP	+0.0656%	1h	0.000005092	−0.059%	$144K	—	3x	as long as short
MEXC PEPE_USDT	+0.0657%	8h	0.000005085	−0.188%	$100.3M	$307.3M	300x	as long as short
Binance 1000PEPEUSDT	+0.0658%	8h	0.000005087	−0.162%	$140.2M	$1.51B	75x	as long as short
Nado kPEPE-PERP	+0.0667%	1h	0.000005088	−0.128%	$162K	$964K	10x	as long as short
Aster 1000PEPEUSDT	+0.0676%	8h	0.000005089	−0.118%	$1.7M	$12.0M	50x	as long as short
GMX PEPE/USD [ETH-USDC]	L +0.1019% / S −0.1149%	1h	0.000005000	−1.865%	$51K	—	100x	as long as short
dYdX PEPE-USD	+0.1245%	1h	0.000005086	−0.184%	$19K	$649	10x	as long as short