Funding you earn now, next payment 04:00 UTC+0.0554%/8h= +60.6% APRnext payment +$2.77 per $10,000 · paid last 24h +0.121%
Price spread now: KuCoin against OKX+0.053%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2532.531% of the position
Funding, last 7 days+0.430%+$43 on $10k
+Price spread, last 7 days−0.004%$0 · spread now +0.053%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and KuCoin is 0.069% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PIPPIN-USDT-SWAP | 0.01888 | 0.0222 | pay 0.0111% / 4h | 37m 37s | $1.5M | $3.2M | 20x |
| Short | KuCoin PIPPINUSDTM | 0.01889 | 0.0776 | get 0.0388% / 4h | 37m 37s | $2.1M | $5.0M | 25x |
OKX PIPPIN-USDT-SWAP
KuCoin PIPPINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $116.26
- Price spread: +0.053% → −0.016%
- $6.92
- Slippage, 4 orders
- −$231.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$129.91
- Costs to cover
- 2.531%
- Break-even
- 14.8 days
Slippage from OKX: live order book, 5 min ago; KuCoin: 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 OKX live order book, 5 min ago | 5.30 bp | 23.5 bp −$24 | 147.0 bp −$1,470 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 7.95 bp | 46.1 bp −$46 | 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 | +0.007% | $110K | $33K | 5x | as long as short |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01888 | +0.005% | $18K | $9K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01887 | −0.033% | $5.3M | $4.9M | 25x | as long as short |
| MEXC PIPPIN_USDT | +0.0100% | 4h | 0.01887 | −0.053% | $2.4M | $729K | 50x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01892 | +0.212% | $2K | $10.1M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01880 | −0.424% | $34K | $14K | 20x | as long as short |
| Bybit PIPPINUSDT | +0.0100% | 4h | 0.01889 | +0.053% | $3.6M | $1.4M | 13x | as long as short |
| BloFin PIPPIN-USDT | +0.0107% | 4h | 0.01890 | +0.106% | $252K | $25K | 25x | as long as short |
| Gate PIPPIN_USDT | +0.0214% | 4h | 0.01887 | −0.053% | $1.8M | $306K | 20x | as long as short |
| OKX PIPPIN-USDT-SWAPlong | +0.0222% | 4h | 0.01888 | long leg | $1.5M | $3.2M | 20x |
Aster PIPPINUSDT
Pacifica PIPPIN
Binance PIPPINUSDT
MEXC PIPPIN_USDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
Bybit PIPPINUSDT
BloFin PIPPIN-USDT
Gate PIPPIN_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PIPPINUSDTMshort | +0.0776% | 4h | 0.01889 | +0.053% | $2.1M | $5.0M | 25x | |
| Bitget PIPPINUSDT | +0.0782% | 4h | 0.01889 | +0.053% | $1.6M | $316K | 10x | as long as short |
| BingX PIPPIN-USDT | +0.0814% | 4h | 0.01887 | −0.053% | — | $1.3M | — | as long as short |
Bitget PIPPINUSDT
BingX PIPPIN-USDT