Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against Binance−0.026%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$670.668% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.003%$0 · spread now −0.026%, 7d avg −0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIPPINUSDT | 0.01903 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $5.4M | $5.3M | 25x |
| Short | MEXC PIPPIN_USDT | 0.01903 | 0.0100 | get 0.0050% / 4h | 3h 42m | $2.7M | $782K | 50x |
Binance PIPPINUSDT
MEXC PIPPIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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: −0.026% → −0.015%
- −$1.08
- Slippage, 4 orders
- −$56.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$67.84
- Costs to cover
- 0.668%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 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 Binance live order book, 10 min ago | 2.62 bp | 21.0 bp −$21 | 298.4 bp −$2,984 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.62 bp | 11.9 bp −$12 | 67.8 bp −$678 | 216.0 bp −$21.6K | 464.5 bp −$232.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PIPPIN-USDT | +0.0075% | 4h | 0.01909 | +0.289% | $255K | $32K | 25x | as long as short |
| Aster PIPPINUSDT | +0.0100% | 4h | 0.01903 | −0.026% | $111K | $35K | 5x | as long as short |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01902 | −0.095% | $18K | $5K | 3x | as long as short |
| Binance PIPPINUSDTlong | +0.0100% | 4h | 0.01903 | long leg | $5.4M | $5.3M | 25x | |
| MEXC PIPPIN_USDTshort | +0.0100% | 4h | 0.01903 | −0.026% | $2.7M | $782K | 50x | |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01905 | +0.079% | $1K | $10.4M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01899 | −0.236% | $34K | $14K | 20x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0134% | 4h | 0.01904 | +0.026% | $1.5M | $3.5M | 20x | as long as short |
| Bybit PIPPINUSDT | +0.0188% | 4h | 0.01905 | +0.079% | $3.6M | $1.5M | 13x | as long as short |
| Bitget PIPPINUSDT | +0.0202% | 4h | 0.01905 | +0.079% | $1.6M | $330K | 10x | as long as short |
BloFin PIPPIN-USDT
Aster PIPPINUSDT
Pacifica PIPPIN
SunX PIPPIN-USDT
HTX PIPPIN-USDT
OKX PIPPIN-USDT-SWAP
Bybit PIPPINUSDT
Bitget PIPPINUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIPPIN-USDT | +0.0347% | 4h | 0.01906 | +0.131% | — | $1.4M | — | as long as short |
| Gate PIPPIN_USDT | +0.0378% | 4h | 0.01904 | +0.026% | $1.8M | $319K | 20x | as long as short |
| KuCoin PIPPINUSDTM | +0.0446% | 4h | 0.01904 | +0.026% | $2.1M | $6.5M | 25x | as long as short |
BingX PIPPIN-USDT
Gate PIPPIN_USDT
KuCoin PIPPINUSDTM