Funding you earn now, next payment 04:00 UTC+0.0608%/8h= +66.6% APRnext payment +$3.04 per $10,000 · paid last 24h +0.112%
Price spread now: KuCoin against BloFin0.000%65s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2082.077% of the position
Funding, last 7 days+0.570%+$57 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now 0.000%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PIPPIN-USDT | 0.01888 | 0.0148 | pay 0.0074% / 4h | 36m 10s | $251K | $25K | 25x |
| Short | KuCoin PIPPINUSDTM | 0.01888 | 0.0756 | get 0.0378% / 4h | 36m 10s | $2.1M | $5.0M | 25x |
BloFin PIPPIN-USDT
KuCoin PIPPINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $127.78
- Price spread: 0.000% → +0.004%
- −$0.37
- Slippage, 4 orders
- −$183.72
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$80.31
- Costs to cover
- 2.077%
- Break-even
- 11.4 days
Slippage from BloFin: live order book, 63 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 BloFin live order book, 63 min ago | 2.64 bp | 25.2 bp −$25 | 72.0 bp −$720 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 5.30 bp | 31.6 bp −$32 | 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 | 0.01888 | −0.003% | $110K | $33K | 5x | as long as short |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01887 | −0.064% | $18K | $9K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01884 | −0.210% | $5.3M | $4.9M | 25x | as long as short |
| MEXC PIPPIN_USDT | +0.0100% | 4h | 0.01884 | −0.212% | $2.4M | $730K | 50x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01889 | +0.053% | $1K | $10.1M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01878 | −0.530% | $34K | $14K | 20x | as long as short |
| Bybit PIPPINUSDT | +0.0100% | 4h | 0.01886 | −0.106% | $3.6M | $1.4M | 13x | as long as short |
| BloFin PIPPIN-USDTlong | +0.0148% | 4h | 0.01888 | long leg | $251K | $25K | 25x | |
| Gate PIPPIN_USDT | +0.0206% | 4h | 0.01887 | −0.053% | $1.8M | $306K | 20x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0212% | 4h | 0.01886 | −0.106% | $1.5M | $3.2M | 20x | as long as short |
Aster PIPPINUSDT
Pacifica PIPPIN
Binance PIPPINUSDT
MEXC PIPPIN_USDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
Bybit PIPPINUSDT
Gate PIPPIN_USDT
OKX PIPPIN-USDT-SWAPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PIPPINUSDTMshort | +0.0756% | 4h | 0.01888 | 0.000% | $2.1M | $5.0M | 25x | |
| Bitget PIPPINUSDT | +0.0760% | 4h | 0.01887 | −0.053% | $1.6M | $316K | 10x | as long as short |
| BingX PIPPIN-USDT | +0.0780% | 4h | 0.01884 | −0.212% | — | $1.3M | — | as long as short |
Bitget PIPPINUSDT
BingX PIPPIN-USDT