Funding you earn now, next payment 08:00 UTC+0.0461%/8h= +50.5% APRnext payment +$2.30 per $10,000 · paid last 24h +0.116%
Price spread now: KuCoin against Bybit−0.052%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2532.529% of the position
Funding, last 7 days+0.733%+$73 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.052%, 7d avg −0.063%
=The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PIPPINUSDT | 0.01930 | 0.0697 | pay 0.0349% / 4h | 1h 25m | $3.7M | $1.5M | 13x |
| Short | KuCoin PIPPINUSDTM | 0.01929 | 0.1158 | get 0.0579% / 4h | 1h 25m | $2.2M | $6.0M | 25x |
Bybit PIPPINUSDT
KuCoin PIPPINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $96.76
- Price spread: −0.052% → −0.063%
- $1.08
- Slippage, 4 orders
- −$229.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$155.05
- Costs to cover
- 2.529%
- Break-even
- 18.2 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 2 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 Bybit live order book, 1 min ago | 5.19 bp | 28.1 bp −$28 | 207.6 bp −$2,076 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 7.79 bp | 34.6 bp −$35 | 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 | 0.01922 | −0.435% | $112K | $34K | 5x | as long as short |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01926 | −0.207% | $18K | $9K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01929 | −0.052% | $5.5M | $5.3M | 25x | as long as short |
| MEXC PIPPIN_USDT | +0.0100% | 4h | 0.01929 | −0.052% | $2.7M | $751K | 50x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01930 | 0.000% | $909 | $10.4M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01912 | −0.933% | $35K | $14K | 20x | as long as short |
| BloFin PIPPIN-USDT | +0.0110% | 4h | 0.01925 | −0.259% | $256K | $27K | 25x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0439% | 4h | 0.01930 | 0.000% | $1.6M | $3.5M | 20x | as long as short |
| Gate PIPPIN_USDT | +0.0474% | 4h | 0.01926 | −0.207% | $1.8M | $327K | 20x | as long as short |
| Bybit PIPPINUSDTlong | +0.0697% | 4h | 0.01930 | long leg | $3.7M | $1.5M | 13x |
Aster PIPPINUSDT
Pacifica PIPPIN
Binance PIPPINUSDT
MEXC PIPPIN_USDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
BloFin PIPPIN-USDT
OKX PIPPIN-USDT-SWAP
Gate PIPPIN_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIPPIN-USDT | +0.0982% | 4h | 0.01930 | 0.000% | — | $1.3M | — | as long as short |
| Bitget PIPPINUSDT | +0.1032% | 4h | 0.01926 | −0.207% | $1.6M | $322K | 10x | as long as short |
| KuCoin PIPPINUSDTMshort | +0.1158% | 4h | 0.01929 | −0.052% | $2.2M | $6.0M | 25x |
BingX PIPPIN-USDT
Bitget PIPPINUSDT