Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%
Price spread now: Bybit against SunX+0.053%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1551.552% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 3 days (all we have)+0.056%+$6 · spread now +0.053%, 7d avg +0.035%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PIPPIN-USDT | 0.01895 | 0.0100 | pay 0.0050% / 4h | 2h 48m | $1K | $9.7M | 20x |
| Short | Bybit PIPPINUSDT | 0.01896 | 0.0100 | get 0.0050% / 4h | 2h 48m | $3.6M | $1.3M | 13x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.053% → +0.035%
- $1.77
- Slippage, 4 orders
- −$136.19
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$153.42
- Costs to cover
- 1.552%
- Break-even
- never at this rate
Slippage from SunX: live order book, 10 min ago; Bybit: 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, 10 min ago | 18.44 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.64 bp | 19.8 bp −$20 | 123.6 bp −$1,236 | 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 | 0.01892 | −0.135% | $110K | $32K | 5x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01892 | −0.134% | $5.3M | $4.6M | 25x | as long as short |
| Bybit PIPPINUSDTshort | +0.0100% | 4h | 0.01896 | +0.053% | $3.6M | $1.3M | 13x | |
| OKX PIPPIN-USDT-SWAP | +0.0100% | 4h | 0.01894 | −0.053% | $1.6M | $3.2M | 20x | as long as short |
| MEXC PIPPIN_USDT | +0.0100% | 4h | 0.01893 | −0.106% | $2.5M | $760K | 50x | as long as short |
| Bitget PIPPINUSDT | +0.0100% | 4h | 0.01895 | 0.000% | $1.6M | $350K | 10x | as long as short |
| BingX PIPPIN-USDT | +0.0100% | 4h | 0.01897 | +0.106% | — | $1.3M | — | as long as short |
| SunX PIPPIN-USDTlong | +0.0100% | 4h | 0.01895 | long leg | $1K | $9.7M | 20x | |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01886 | −0.475% | $34K | $16K | 20x | as long as short |
| Pacifica PIPPIN | +0.0134% | 1h | 0.01893 | −0.106% | $18K | $9K | 3x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PIPPIN-USDT | +0.0139% | 4h | 0.01895 | 0.000% | $251K | $27K | 25x | as long as short |
| KuCoin PIPPINUSDTM | +0.0144% | 4h | 0.01895 | 0.000% | $2.1M | $3.3M | 25x | as long as short |
| Gate PIPPIN_USDT | +0.0370% | 4h | 0.01894 | −0.053% | $1.8M | $304K | 20x | as long as short |
SunX PIPPIN-USDT
Bybit PIPPINUSDT
Aster PIPPINUSDT
Binance PIPPINUSDT
OKX PIPPIN-USDT-SWAP
MEXC PIPPIN_USDT
Bitget PIPPINUSDT
BingX PIPPIN-USDT
HTX PIPPIN-USDT
Pacifica PIPPIN
BloFin PIPPIN-USDT
KuCoin PIPPINUSDTM
Gate PIPPIN_USDT