Funding you earn now, next payment 00:00 UTC+0.0516%/8h= +56.5% APRpaid last 24h +0.045%
Price spread now: Aevo against SunX−0.120%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,274as in the Price arb table
costs, in and out, $10k−$1,27912.786% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)0.000%$0 · spread now −0.120%, 7d avg −0.166%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Aevo is 0.046% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.166%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.1% 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 | 0.000004764 | 0.0100 | pay 0.0100% / 8h | 26m 05s | $2K | $2.4M | 20x |
| Short | Aevo 1000PEPE-PERP | 0.000004758 | 0.0616 | get 0.0077% / 1h | 26m 05s | $135K | — | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo 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: −0.120% → −0.166%
- $4.59
- Slippage, 4 orders
- −$1,254.61
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$1,165.66
- Costs to cover
- 12.786%
- Break-even
- 82.3 days
Slippage from SunX: live order book, 10 min ago; Aevo: live order book, 53 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 SunX live order book, 10 min ago | 29.15 bp | 47.2 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aevo live order book, 53 min ago | 275.11 bp | 584.0 bp −$584 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid kPEPE | −0.0175% | 1h | 0.000004747 | −0.351% | $66.5M | $93.5M | 10x | as long as short |
| dYdX PEPE-USD | 0.0000% | 1h | 0.000004753 | −0.226% | $17K | $95 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0005% / S −0.0005% | 1h | 0.000004752 | −0.254% | $13K | — | 150x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0067% | 1h | 0.000004755 | −0.175% | $3.8M | $13.7M | 50x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000004756 | −0.162% | $59K | $116K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000004754 | −0.206% | $85.7M | $290.4M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000004754 | −0.204% | $149.4M | $64.5M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0100% | 8h | 0.000004753 | −0.220% | $24.2M | $54.4M | 75x | as long as short |
| Bitget PEPEUSDT | +0.0100% | 8h | 0.000004755 | −0.181% | $42.0M | $150.3M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000004753 | −0.226% | $536K | $4.1M | — | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000004770 | +0.133% | $25K | $348K | 20x | as long as short |
| ApeX Omni 1000PEPEUSDT | +0.0100% | 1h | 0.000004769 | +0.111% | $99K | $754K | 25x | as long as short |
| SunX 1000PEPE-USDTlong | +0.0100% | 8h | 0.000004764 | long leg | $2K | $2.4M | 20x | |
| SoDEX 1000PEPE-USD | +0.0100% | 1h | 0.000004757 | −0.141% | $2K | $12K | 10x | as long as short |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000004755 | −0.183% | $539K | $3.5M | 75x | as long as short |
| Lighter 1000PEPE | +0.0120% | 1h | 0.000004759 | −0.099% | $591K | $6.4M | 10x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0182% | 8h | 0.000004755 | −0.186% | $5K | $16 | 20x | as long as short |
| Phemex u1000PEPEUSDT | +0.0184% | 8h | 0.000004759 | −0.105% | $2.3M | $6.5M | 50x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000004755 | −0.182% | $7K | — | 15x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0206% | 8h | 0.000004756 | −0.162% | $41.4M | $494.5M | 50x | as long as short |
| 01 Exchange kPEPEUSD | +0.0264% | 1h | 0.000004758 | −0.120% | $545 | $2K | 10x | as long as short |
| BloFin PEPE-USDT | +0.0324% | 8h | 0.000004766 | +0.048% | $3.9M | $22.3M | 75x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.0380% / S −0.0342% | 1h | 0.000004000 | −16.032% | $46K | — | 100x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0384% | 8h | 0.000004756 | −0.168% | $30K | $12K | 20x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0400% | 1h | 0.000004757 | −0.141% | $562K | $25.5M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0437% | 1h | 0.000004767 | +0.069% | $4K | $102K | 12x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0591% | 1h | 0.000004756 | −0.170% | $90K | $602K | 15x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0592% | 1h | 0.000004756 | −0.162% | $77K | $98K | 25x | as long as short |
| BingX 1000PEPE-USDT | +0.0598% | 8h | 0.000004756 | −0.168% | — | $256.9M | — | as long as short |
| Extended 1000PEPE-USD | +0.0608% | 1h | 0.000004756 | −0.157% | $524K | $148K | 25x | as long as short |
| Aster 1000PEPEUSDT | +0.0610% | 8h | 0.000004758 | −0.126% | $1.5M | $7.3M | 50x | as long as short |
| Binance 1000PEPEUSDT | +0.0610% | 8h | 0.000004757 | −0.134% | $131.1M | $1.06B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0613% | 8h | 0.000004759 | −0.109% | $91.0M | $281.3M | 300x | as long as short |
| Aevo 1000PEPE-PERPshort | +0.0616% | 1h | 0.000004758 | −0.120% | $135K | — | 3x | |
| Nado kPEPE-PERP | +0.0671% | 1h | 0.000004754 | −0.203% | $182K | $849K | 10x | as long as short |
SunX 1000PEPE-USDT
Hyperliquid kPEPE
gTrade (Gains Network) PEPE/USD
Kraken Futures PF_PEPEUSD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
KuCoin PEPEUSDTM
Bitget PEPEUSDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
ApeX Omni 1000PEPEUSDT
SoDEX 1000PEPE-USD
HTX PEPE-USDT
Lighter 1000PEPE
Paradex kPEPE-USD-PERP
Phemex u1000PEPEUSDT
OKX PEPE-USDT-SWAP
01 Exchange kPEPEUSD
BloFin PEPE-USDT
GMX PEPE/USD [ETH-USDC]
Coinbase International 1000PEPE-PERP-INTX
Injective PEPE/USDC PERP
Backpack kPEPE_USDC_PERP
Deribit 1000PEPE_USDC-PERPETUAL
BingX 1000PEPE-USDT
Extended 1000PEPE-USD
Aster 1000PEPEUSDT
Binance 1000PEPEUSDT
MEXC PEPE_USDT