Funding you earn now, next payment 08:00 UTC−0.0776%/8h= −85.0% APRnext payment −$3.88 per $10,000 · paid last 24h −0.165%
Price spread now: SunX against KuCoin+0.314%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2422.416% of the position
Funding, last 7 days−1.001%−$100 on $10k
+Price spread, last 4 days (all we have)−0.296%−$30 · spread now +0.314%, 7d avg +0.035%
=The price spread pays, funding is against you. SunX is 0.279% dearer against KuCoin than usual: you sell high and buy low (spread +0.314% now, against its 7-day average of +0.035%): +$28 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PIPPINUSDTM | 0.01911 | 0.0876 | pay 0.0438% / 4h | 3h 42m | $2.1M | $5.3M | 25x |
| Short | SunX PIPPIN-USDT | 0.01917 | 0.0100 | get 0.0050% / 4h | 3h 42m | $2K | $10.2M | 20x |
KuCoin PIPPINUSDTM
SunX PIPPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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
- −$162.96
- Price spread: +0.314% → +0.035%
- $27.94
- Slippage, 4 orders
- −$221.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$376.6
- Costs to cover
- 2.416%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 7 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 KuCoin live order book, 5 min ago | 5.23 bp | 79.9 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 18.35 bp | 58.5 bp −$59 | 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 | 0.01912 | +0.059% | $111K | $33K | 5x | as long as short |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01910 | −0.031% | $18K | $9K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01910 | −0.045% | $5.4M | $4.9M | 25x | as long as short |
| MEXC PIPPIN_USDT | +0.0100% | 4h | 0.01909 | −0.105% | $2.5M | $708K | 50x | as long as short |
| SunX PIPPIN-USDTshort | +0.0100% | 4h | 0.01917 | +0.314% | $2K | $10.2M | 20x | |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01890 | −1.099% | $34K | $14K | 20x | as long as short |
| BloFin PIPPIN-USDT | +0.0116% | 4h | 0.01916 | +0.262% | $253K | $22K | 25x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0218% | 4h | 0.01910 | −0.052% | $1.5M | $3.3M | 20x | as long as short |
| Bitget PIPPINUSDT | +0.0590% | 4h | 0.01912 | +0.052% | $1.6M | $307K | 10x | as long as short |
| Gate PIPPIN_USDT | +0.0696% | 4h | 0.01914 | +0.157% | $1.8M | $312K | 20x | as long as short |
Aster PIPPINUSDT
Pacifica PIPPIN
Binance PIPPINUSDT
MEXC PIPPIN_USDT
HTX PIPPIN-USDT
BloFin PIPPIN-USDT
OKX PIPPIN-USDT-SWAP
Bitget PIPPINUSDT
Gate PIPPIN_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PIPPINUSDTMlong | +0.0876% | 4h | 0.01911 | long leg | $2.1M | $5.3M | 25x | |
| BingX PIPPIN-USDT | +0.0932% | 4h | 0.01906 | −0.262% | — | $1.3M | — | as long as short |
| Bybit PIPPINUSDT | +0.1314% | 4h | 0.01913 | +0.105% | $3.7M | $1.4M | 13x | as long as short |
BingX PIPPIN-USDT
Bybit PIPPINUSDT