Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.066%
Price spread now: SunX against MEXC+0.212%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1451.447% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.212%, 7d avg +0.100%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.112% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PIPPIN_USDT | 0.01887 | 0.0100 | pay 0.0050% / 4h | 41m 12s | $2.4M | $729K | 50x |
| Short | SunX PIPPIN-USDT | 0.01891 | 0.0100 | get 0.0050% / 4h | 41m 12s | $2K | $10.1M | 20x |
MEXC PIPPIN_USDT
SunX PIPPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against MEXC. 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
- $0
- Price spread: +0.212% → +0.100%
- $11.24
- Slippage, 4 orders
- −$136.65
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$133.41
- Costs to cover
- 1.447%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; SunX: live order book, 8 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 MEXC live order book, 1 min ago | 2.65 bp | 14.4 bp −$14 | 121.3 bp −$1,213 | 227.6 bp −$22.8K | 365.3 bp −$182.7K |
| Sell SunX live order book, 8 min ago | 21.22 bp | 68.0 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
PIPPIN on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PIPPINUSDT | +0.0100% | 4h | 0.01888 | +0.032% | $110K | $33K | 5x | as long as short |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01887 | +0.026% | $18K | $9K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01888 | +0.053% | $5.3M | $4.9M | 25x | as long as short |
| MEXC PIPPIN_USDTlong | +0.0100% | 4h | 0.01887 | long leg | $2.4M | $729K | 50x | |
| SunX PIPPIN-USDTshort | +0.0100% | 4h | 0.01891 | +0.212% | $2K | $10.1M | 20x | |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01880 | −0.371% | $34K | $14K | 20x | as long as short |
| Bybit PIPPINUSDT | +0.0100% | 4h | 0.01889 | +0.106% | $3.6M | $1.4M | 13x | as long as short |
| BloFin PIPPIN-USDT | +0.0110% | 4h | 0.01889 | +0.106% | $252K | $25K | 25x | as long as short |
| Gate PIPPIN_USDT | +0.0210% | 4h | 0.01886 | −0.053% | $1.8M | $306K | 20x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0216% | 4h | 0.01889 | +0.106% | $1.5M | $3.3M | 20x | as long as short |
Aster PIPPINUSDT
Pacifica PIPPIN
Binance PIPPINUSDT
HTX PIPPIN-USDT
Bybit PIPPINUSDT
BloFin PIPPIN-USDT
Gate PIPPIN_USDT
OKX PIPPIN-USDT-SWAPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PIPPINUSDTM | +0.0822% | 4h | 0.01888 | +0.053% | $2.1M | $5.0M | 25x | as long as short |
| Bitget PIPPINUSDT | +0.0854% | 4h | 0.01889 | +0.106% | $1.6M | $316K | 10x | as long as short |
| BingX PIPPIN-USDT | +0.0866% | 4h | 0.01890 | +0.159% | — | $1.3M | — | as long as short |
KuCoin PIPPINUSDTM
Bitget PIPPINUSDT
BingX PIPPIN-USDT