Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.059%
Price spread now: MEXC against SunX−0.207%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
Funding, last 7 days+0.417%+$42 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.207%, 7d avg −0.097%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.111% cheaper against SunX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX PIPPIN-USDT | 0.01928 | 0.0100 | pay 0.0050% / 4h | 1h 21m | $2K | $10.4M | 20x |
| Short | MEXC PIPPIN_USDT | 0.01924 | 0.0100 | get 0.0050% / 4h | 1h 21m | $2.6M | $752K | 50x |
SunX PIPPIN-USDT
MEXC PIPPIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.207% → −0.097%
- −$11.09
- Slippage, 4 orders
- −$134.82
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$153.91
- Costs to cover
- 1.428%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; MEXC: live order book, 5 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, 7 min ago | 18.12 bp | 52.3 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.60 bp | 13.9 bp −$14 | 69.0 bp −$690 | 219.2 bp −$21.9K | 474.7 bp −$237.4K |
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 | 0.01921 | −0.353% | $112K | $33K | 5x | as long as short |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01923 | −0.259% | $18K | $9K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01923 | −0.248% | $5.5M | $5.3M | 25x | as long as short |
| MEXC PIPPIN_USDTshort | +0.0100% | 4h | 0.01924 | −0.207% | $2.6M | $752K | 50x | |
| SunX PIPPIN-USDTlong | +0.0100% | 4h | 0.01928 | long leg | $2K | $10.4M | 20x | |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01912 | −0.830% | $35K | $14K | 20x | as long as short |
| BloFin PIPPIN-USDT | +0.0118% | 4h | 0.01924 | −0.207% | $257K | $27K | 25x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0416% | 4h | 0.01924 | −0.207% | $1.5M | $3.5M | 20x | as long as short |
| Gate PIPPIN_USDT | +0.0456% | 4h | 0.01924 | −0.207% | $1.8M | $327K | 20x | as long as short |
| Bybit PIPPINUSDT | +0.0595% | 4h | 0.01925 | −0.156% | $3.7M | $1.5M | 13x | as long as short |
Aster PIPPINUSDT
Pacifica PIPPIN
Binance PIPPINUSDT
HTX PIPPIN-USDT
BloFin PIPPIN-USDT
OKX PIPPIN-USDT-SWAP
Gate PIPPIN_USDT
Bybit PIPPINUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIPPIN-USDT | +0.0984% | 4h | 0.01924 | −0.207% | — | $1.3M | — | as long as short |
| Bitget PIPPINUSDT | +0.1028% | 4h | 0.01924 | −0.207% | $1.6M | $322K | 10x | as long as short |
| KuCoin PIPPINUSDTM | +0.1136% | 4h | 0.01924 | −0.207% | $2.1M | $6.0M | 25x | as long as short |
BingX PIPPIN-USDT
Bitget PIPPINUSDT
KuCoin PIPPINUSDTM