Funding you earn now, next payment 04:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.59 per $10,000 · paid last 24h −0.019%
Price spread now: OKX against MEXC+0.106%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now +0.106%, 7d avg +0.112%
=The price spread sits at its 7-day average of +0.112%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PIPPIN_USDT | 0.01886 | 0.0100 | pay 0.0050% / 4h | 37m 05s | $2.4M | $729K | 50x |
| Short | OKX PIPPIN-USDT-SWAP | 0.01888 | 0.0217 | get 0.0109% / 4h | 37m 05s | $1.5M | $3.2M | 20x |
MEXC PIPPIN_USDT
OKX PIPPIN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $24.59
- Price spread: +0.106% → +0.112%
- −$0.58
- Slippage, 4 orders
- −$59.35
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$45.34
- Costs to cover
- 0.693%
- Break-even
- 19.9 days
Slippage from MEXC: live order book, 5 min ago; OKX: live order book, just now.
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, 5 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 OKX live order book, just now | 5.30 bp | 24.5 bp −$24 | 155.1 bp −$1,551 | 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 | +0.100% | $110K | $33K | 5x | as long as short |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01888 | +0.111% | $18K | $9K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01887 | +0.052% | $5.3M | $4.9M | 25x | as long as short |
| MEXC PIPPIN_USDTlong | +0.0100% | 4h | 0.01886 | long leg | $2.4M | $729K | 50x | |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01891 | +0.265% | $520 | $10.1M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01878 | −0.424% | $34K | $14K | 20x | as long as short |
| Bybit PIPPINUSDT | +0.0100% | 4h | 0.01888 | +0.106% | $3.6M | $1.4M | 13x | as long as short |
| BloFin PIPPIN-USDT | +0.0148% | 4h | 0.01888 | +0.106% | $251K | $25K | 25x | as long as short |
| Gate PIPPIN_USDT | +0.0214% | 4h | 0.01887 | +0.053% | $1.8M | $306K | 20x | as long as short |
| OKX PIPPIN-USDT-SWAPshort | +0.0217% | 4h | 0.01888 | +0.106% | $1.5M | $3.2M | 20x |
Aster PIPPINUSDT
Pacifica PIPPIN
Binance PIPPINUSDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
Bybit PIPPINUSDT
BloFin PIPPIN-USDT
Gate PIPPIN_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PIPPINUSDTM | +0.0776% | 4h | 0.01888 | +0.106% | $2.1M | $5.0M | 25x | as long as short |
| BingX PIPPIN-USDT | +0.0780% | 4h | 0.01887 | +0.053% | — | $1.3M | — | as long as short |
| Bitget PIPPINUSDT | +0.0782% | 4h | 0.01888 | +0.106% | $1.6M | $316K | 10x | as long as short |
KuCoin PIPPINUSDTM
BingX PIPPIN-USDT
Bitget PIPPINUSDT