Funding you earn now, next payment 08:00 UTC+0.0172%/8h= +18.8% APRnext payment +$1.72 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against SunX−0.769%50s7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1441.435% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.513%+$51 · spread now −0.769%, 7d avg −0.140%
=Funding pays, the price is against you. Bitget is 0.629% cheaper against SunX than usual: you would sell low and buy high (spread −0.769% now, against its 7-day average of −0.140%). If the spread goes back, that is −$63 on $10k: about 12 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX 1000PEPE-USDT | 0.000005218 | 0.0100 | pay 0.0100% / 8h | 40m 26s | $2K | $2.7M | 20x |
| Short | Bitget PEPEUSDT | 0.000005177 | 0.0272 | get 0.0272% / 8h | 40m 26s | $46.5M | $219.1M | 75x |
SunX 1000PEPE-USDT
Bitget PEPEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $36.12
- Price spread: −0.769% → −0.140%
- −$62.88
- Slippage, 4 orders
- −$123.53
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$170.29
- Costs to cover
- 1.435%
- Break-even
- 40.0 days
Slippage from SunX: live order book, 7 min ago; Bitget: live order book, 4 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, 7 min ago | 29.13 bp | 47.2 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.82 bp | 9.1 bp −$9 | 11.4 bp −$114 | 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 | 0.000005190 | −0.520% | $19K | $649 | 10x | as long as short |
| gTrade (Gains Network) PEPE/USD | L +0.0006% / S −0.0008% | 1h | 0.000005205 | −0.247% | $4K | — | 150x | as long as short |
| Pacifica kPEPE | +0.0100% | 1h | 0.000005193 | −0.471% | $60K | $182K | 10x | as long as short |
| Bybit 1000PEPEUSDT | +0.0100% | 8h | 0.000005176 | −0.793% | $100.5M | $426.3M | 50x | as long as short |
| Gate PEPE_USDT | +0.0100% | 8h | 0.000005190 | −0.529% | $164.3M | $98.6M | 75x | as long as short |
| Variational Omni 1000PEPE | +0.0100% | 8h | 0.000005207 | −0.194% | $652K | $5.3M | — | as long as short |
| edgeX 1000PEPEUSDC | +0.0100% | 4h | 0.000005238 | +0.384% | $29K | $545K | 20x | as long as short |
| SunX 1000PEPE-USDTlong | +0.0100% | 8h | 0.000005218 | long leg | $2K | $2.7M | 20x | |
| HTX PEPE-USDT | +0.0100% | 8h | 0.000005226 | +0.161% | $608K | $4.2M | 75x | as long as short |
| KuCoin PEPEUSDTM | +0.0122% | 8h | 0.000005193 | −0.475% | $27.0M | $73.5M | 75x | as long as short |
dYdX PEPE-USD
gTrade (Gains Network) PEPE/USD
Pacifica kPEPE
Bybit 1000PEPEUSDT
Gate PEPE_USDT
Variational Omni 1000PEPE
edgeX 1000PEPEUSDC
HTX PEPE-USDT
KuCoin PEPEUSDTMShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 1000PEPEUSDT | +0.0151% | 1h | 0.000005222 | +0.084% | $152K | $832K | 25x | as long as short |
| Reya kPEPERUSDPERP | +0.0189% | 1h | 0.000005208 | −0.180% | $8K | — | 15x | as long as short |
| Bitget PEPEUSDTshort | +0.0272% | 8h | 0.000005177 | −0.769% | $46.5M | $219.1M | 75x | |
| SoDEX 1000PEPE-USD | +0.0360% | 1h | 0.000005212 | −0.107% | $2K | $11K | 10x | as long as short |
| OKX PEPE-USDT-SWAP | +0.0381% | 8h | 0.000005180 | −0.721% | $47.6M | $747.3M | 50x | as long as short |
| Injective PEPE/USDC PERP | +0.0404% | 1h | 0.000005221 | +0.065% | $8K | $120K | 12x | as long as short |
| Orderly PERP_1000PEPE_USDC | +0.0410% | 8h | 0.000005214 | −0.071% | $34K | $26K | 20x | as long as short |
| Paradex kPEPE-USD-PERP | +0.0494% | 8h | 0.000005189 | −0.550% | $6K | — | 20x | as long as short |
| BloFin PEPE-USDT | +0.0503% | 8h | 0.000005210 | −0.146% | $4.5M | $30.5M | 75x | as long as short |
| Phemex u1000PEPEUSDT | +0.0513% | 8h | 0.000005214 | −0.075% | $2.4M | $8.1M | 50x | as long as short |
| Deribit 1000PEPE_USDC-PERPETUAL | +0.0518% | 1h | 0.000005212 | −0.107% | $74K | $127K | 25x | as long as short |
| Coinbase International 1000PEPE-PERP-INTX | +0.0544% | 1h | 0.000005224 | +0.123% | $699K | $39.8M | 50x | as long as short |
| Backpack kPEPE_USDC_PERP | +0.0560% | 1h | 0.000005210 | −0.138% | $80K | $875K | 15x | as long as short |
| Lighter 1000PEPE | +0.0648% | 1h | 0.000005196 | −0.414% | $617K | $9.0M | 10x | as long as short |
| Nado kPEPE-PERP | +0.0671% | 1h | 0.000005182 | −0.678% | $166K | $956K | 10x | as long as short |
| Kraken Futures PF_PEPEUSD | +0.0705% | 1h | 0.000005208 | −0.176% | $4.8M | $16.7M | 50x | as long as short |
| BingX 1000PEPE-USDT | +0.0712% | 8h | 0.000005194 | −0.452% | — | $218.5M | — | as long as short |
| 01 Exchange kPEPEUSD | +0.0728% | 1h | 0.000005188 | −0.567% | $626 | $2K | 10x | as long as short |
| Aster 1000PEPEUSDT | +0.0735% | 8h | 0.000005183 | −0.664% | $1.8M | $11.8M | 50x | as long as short |
| Extended 1000PEPE-USD | +0.0752% | 1h | 0.000005192 | −0.490% | $545K | $284K | 25x | as long as short |
| Aevo 1000PEPE-PERP | +0.0752% | 1h | 0.000005216 | −0.031% | $147K | — | 3x | as long as short |
| Binance 1000PEPEUSDT | +0.0752% | 8h | 0.000005183 | −0.668% | $142.9M | $1.49B | 75x | as long as short |
| MEXC PEPE_USDT | +0.0755% | 8h | 0.000005195 | −0.435% | $101.1M | $305.2M | 300x | as long as short |
| Hyperliquid kPEPE | +0.0933% | 1h | 0.000005187 | −0.586% | $53.9M | $157.7M | 10x | as long as short |
| GMX PEPE/USD [ETH-USDC] | L +0.1134% / S −0.2351% | 1h | 0.000005000 | −4.170% | $64K | — | 100x | as long as short |
ApeX Omni 1000PEPEUSDT
Reya kPEPERUSDPERP
SoDEX 1000PEPE-USD
OKX PEPE-USDT-SWAP
Injective PEPE/USDC PERP
Orderly PERP_1000PEPE_USDC
Paradex kPEPE-USD-PERP
BloFin PEPE-USDT
Phemex u1000PEPEUSDT
Deribit 1000PEPE_USDC-PERPETUAL
Coinbase International 1000PEPE-PERP-INTX
Backpack kPEPE_USDC_PERP
Lighter 1000PEPE
Nado kPEPE-PERP
Kraken Futures PF_PEPEUSD
BingX 1000PEPE-USDT
01 Exchange kPEPEUSD
Aster 1000PEPEUSDT
Extended 1000PEPE-USD
Aevo 1000PEPE-PERP
Binance 1000PEPEUSDT
MEXC PEPE_USDT
Hyperliquid kPEPE
GMX PEPE/USD [ETH-USDC]