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 07:00 UTC−0.0092%/8h= −10.0% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against SunX−0.191%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.191% cheaper against SunX than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 1000PEPE-USDT0.0000051380.0100pay 0.0100% / 8h1h 45m$2K$2.6M20x
ShortgTrade (Gains Network) PEPE/USD0.000005128L +0.0006% / S −0.0008%get 0.0001% / 1h45m 33s$4K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SunX. 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
−$19.23
Price spread: −0.191% → 0.000%
−$19.07
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$56.3
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 2 min ago; gTrade (Gains Network): no order-book sample. 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 SunX live order book, 2 min ago29.15 bp47.1 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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%1h0.000005164+0.510%$10K$119K12xas long as short
dYdX PEPE-USD0.0000%1h0.000005125−0.247%$19K$9510xas long as short
gTrade (Gains Network) PEPE/USDshortL +0.0006% / S −0.0008%1h0.000005128−0.191%$4K150x
Pacifica kPEPE+0.0100%1h0.000005131−0.132%$60K$180K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005134−0.074%$101.2M$415.3M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005132−0.113%$163.7M$96.2M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000005131−0.127%$25.8M$72.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000005133−0.101%$612K$5.3Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000005156+0.358%$28K$542K20xas long as short
SunX 1000PEPE-USDTlong+0.0100%8h0.000005138long leg$2K$2.6M20x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USD+0.0100%1h0.000005132−0.113%$2K$11K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000005136−0.045%$592K$4.2M75xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0140%1h0.000005133−0.093%$73K$127K25xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005129−0.176%$8K15xas long as short
Bitget PEPEUSDT+0.0299%8h0.000005136−0.037%$46.0M$214.3M75xas long as short
ApeX Omni 1000PEPEUSDT+0.0315%1h0.000005149+0.218%$156K$820K25xas long as short
Orderly PERP_1000PEPE_USDC+0.0381%8h0.000005139+0.023%$34K$26K20xas long as short
Backpack kPEPE_USDC_PERP+0.0405%1h0.000005131−0.125%$73K$849K15xas long as short
OKX PEPE-USDT-SWAP+0.0416%8h0.000005138+0.004%$48.3M$723.0M50xas long as short
Kraken Futures PF_PEPEUSD+0.0455%1h0.000005130−0.156%$4.7M$16.8M50xas long as short
Paradex kPEPE-USD-PERP+0.0506%8h0.000005130−0.147%$6K20xas long as short
BloFin PEPE-USDT+0.0544%8h0.000005158+0.393%$4.6M$29.6M75xas long as short
Phemex u1000PEPEUSDT+0.0576%8h0.000005126−0.228%$2.4M$8.0M50xas long as short
Lighter 1000PEPE+0.0584%1h0.000005134−0.074%$617K$9.0M10xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0624%1h0.000005133−0.093%$677K$38.5M50xas long as short
01 Exchange kPEPEUSD+0.0648%1h0.000005145+0.140%$621$3K10xas long as short
Nado kPEPE-PERP+0.0745%1h0.000005134−0.077%$162K$956K10xas long as short
BingX 1000PEPE-USDC+0.0747%8h0.000005131−0.134%$2.3Mas long as short
Binance 1000PEPEUSDT+0.0770%8h0.000005130−0.146%$141.7M$1.45B75xas long as short
MEXC PEPE_USDT+0.0773%8h0.000005136−0.031%$98.5M$302.8M300xas long as short
Extended 1000PEPE-USD+0.0776%1h0.000005137−0.018%$544K$286K25xas long as short
Aevo 1000PEPE-PERP+0.0776%1h0.000005137−0.016%$145K3xas long as short
Aster 1000PEPEUSDT+0.0782%8h0.000005130−0.148%$1.8M$11.7M50xas long as short
Hyperliquid kPEPE+0.0944%1h0.000005135−0.054%$54.9M$154.6M10xas long as short
GMX PEPE/USD [ETH-USDC]L +0.1132% / S −0.2351%1h0.000005000−2.682%$63K100xas long as short