Funding you earn now, next payment 00:00 UTC+0.0776%/8h= +85.0% APRnext payment +$3.88 per $10,000 · paid last 24h +0.141%
Price spread now: KuCoin against MEXC+0.211%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 7 days+0.503%+$50 on $10k
+Price spread, last 7 days−0.153%−$15 · spread now +0.211%, 7d avg +0.096%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and KuCoin is 0.115% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.096%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.503% in total (about 26.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.88 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PIPPIN_USDT | 0.01898 | 0.0100 | pay 0.0050% / 4h | 36m 18s | $2.5M | $761K | 50x |
| Short | KuCoin PIPPINUSDTM | 0.01902 | 0.0876 | get 0.0438% / 4h | 36m 18s | $2.1M | $3.7M | 25x |
MEXC PIPPIN_USDT
KuCoin PIPPINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $162.96
- Price spread: +0.211% → +0.096%
- $11.46
- Slippage, 4 orders
- −$105.9
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $56.51
- Costs to cover
- 1.179%
- Break-even
- 4.6 days
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 6 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 MEXC live order book, 1 min ago | 2.63 bp | 12.0 bp −$12 | 97.3 bp −$973 | 220.4 bp −$22.0K | 408.8 bp −$204.4K |
| Sell KuCoin live order book, 6 min ago | 5.25 bp | 48.4 bp −$48 | 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 | 0.01898 | +0.007% | $110K | $34K | 5x | as long as short |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01899 | +0.053% | $18K | $9K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01899 | +0.053% | $5.3M | $4.6M | 25x | as long as short |
| MEXC PIPPIN_USDTlong | +0.0100% | 4h | 0.01898 | long leg | $2.5M | $761K | 50x | |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01901 | +0.158% | $2K | $9.8M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01890 | −0.421% | $34K | $16K | 20x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0100% | 4h | 0.01901 | +0.158% | $1.6M | $3.2M | 20x | as long as short |
| BloFin PIPPIN-USDT | +0.0152% | 4h | 0.01902 | +0.211% | $251K | $28K | 25x | as long as short |
| Gate PIPPIN_USDT | +0.0506% | 4h | 0.01900 | +0.105% | $1.8M | $305K | 20x | as long as short |
| Bybit PIPPINUSDT | +0.0556% | 4h | 0.01901 | +0.158% | $3.7M | $1.4M | 13x | as long as short |
Aster PIPPINUSDT
Pacifica PIPPIN
Binance PIPPINUSDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
OKX PIPPIN-USDT-SWAP
BloFin PIPPIN-USDT
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 | +0.0660% | 4h | 0.01900 | +0.105% | — | $1.3M | — | as long as short |
| Bitget PIPPINUSDT | +0.0702% | 4h | 0.01901 | +0.158% | $1.6M | $333K | 10x | as long as short |
| KuCoin PIPPINUSDTMshort | +0.0876% | 4h | 0.01902 | +0.211% | $2.1M | $3.7M | 25x |
BingX PIPPIN-USDT
Bitget PIPPINUSDT