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 00:00 UTC+0.0279%/8h= +30.5% APRnext payment +$2.79 per $10,000 · paid last 24h −0.018%
Price spread now: Orderly against SunX−0.069%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.069% cheaper against SunX than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 20 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 1000PEPE-USDT0.0000047540.0100pay 0.0100% / 8h22m 46s$1K$2.4M20x
ShortOrderly PERP_1000PEPE_USDC0.0000047510.0379get 0.0379% / 8h22m 46s$29K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$58.53
Price spread: −0.069% → 0.000%
−$6.94
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$37.59
Costs to cover
0.140%
Break-even
2.5 days
Slippage unknown: SunX: live order book, 4 min ago; Orderly: 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, 4 min ago29.18 bp47.2 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
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
Hyperliquid kPEPE−0.0202%1h0.000004728−0.543%$66.6M$93.6M10xas long as short
dYdX PEPE-USD0.0000%1h0.000004733−0.430%$17K$9510xas long as short
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000004743−0.236%$13K150xas long as short
Kraken Futures PF_PEPEUSD+0.0067%1h0.000004752−0.030%$3.8M$13.7M50xas long as short
Pacifica kPEPE+0.0100%1h0.000004735−0.395%$59K$116K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000004738−0.332%$86.0M$291.6M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000004737−0.353%$148.9M$64.7M75xas long as short
KuCoin PEPEUSDTM+0.0100%8h0.000004735−0.402%$24.1M$54.5M75xas long as short
Bitget PEPEUSDT+0.0100%8h0.000004733−0.444%$41.8M$150.4M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004753−0.018%$536K$4.1Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX 1000PEPEUSDC+0.0100%4h0.000004750−0.089%$25K$349K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000004745−0.185%$99K$754K25xas long as short
SunX 1000PEPE-USDTlong+0.0100%8h0.000004754long leg$1K$2.4M20x
SoDEX 1000PEPE-USD+0.0100%1h0.000004752−0.038%$2K$12K10xas long as short
HTX PEPE-USDT+0.0100%8h0.000004750−0.078%$534K$3.5M75xas long as short
Lighter 1000PEPE+0.0112%1h0.000004740−0.290%$585K$6.4M10xas long as short
Paradex kPEPE-USD-PERP+0.0178%8h0.000004736−0.370%$5K$1620xas long as short
Phemex u1000PEPEUSDT+0.0184%8h0.000004758+0.084%$2.3M$6.5M50xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000004747−0.147%$7K15xas long as short
OKX PEPE-USDT-SWAP+0.0200%8h0.000004739−0.311%$41.1M$493.7M50xas long as short
01 Exchange kPEPEUSD+0.0272%1h0.000004745−0.185%$544$2K10xas long as short
BloFin PEPE-USDT+0.0322%8h0.000004749−0.101%$3.9M$22.3M75xas long as short
Orderly PERP_1000PEPE_USDCshort+0.0379%8h0.000004751−0.069%$29K$13K20x
GMX PEPE/USD [ETH-USDC]L +0.0382% / S −0.0344%1h0.000004000−15.857%$46K100xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0400%1h0.000004745−0.185%$560K$25.5M50xas long as short
Injective PEPE/USDC PERP+0.0437%1h0.000004755+0.025%$4K$102K12xas long as short
Backpack kPEPE_USDC_PERP+0.0573%1h0.000004754+0.006%$90K$602K15xas long as short
Aster 1000PEPEUSDT+0.0593%8h0.000004735−0.394%$1.5M$7.3M50xas long as short
Binance 1000PEPEUSDT+0.0598%8h0.000004735−0.395%$130.5M$1.06B75xas long as short
BingX 1000PEPE-USDC+0.0598%8h0.000004737−0.345%$2.3Mas long as short
MEXC PEPE_USDT+0.0599%8h0.000004739−0.307%$88.3M$281.8M300xas long as short
Extended 1000PEPE-USD+0.0600%1h0.000004737−0.350%$521K$148K25xas long as short
Aevo 1000PEPE-PERP+0.0608%1h0.000004747−0.143%$134K3xas long as short
Nado kPEPE-PERP+0.0662%1h0.000004745−0.185%$181K$849K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.1014%1h0.000004752−0.038%$76K$98K25xas long as short