← Back to Screener
updated —PIPPIN Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~11d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+5.26%
3d Period Avg+35.15%
swing±117.32%
LONG MEXC · now
+10.96%
3d avg:+44.61%
SHORT KuCoin · nowPIPPINUSDTM
+16.22%
3d avg:+79.76%
Entry Spread Now
−0.084%
Against youL 0.01188 · S 0.01187−$8.42 if it converges
24h range −0.17%…+0.83% · median +0.04%
Long pays every4hShort pays every4h
LONGmaker0%/taker0.020%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$12.87
+0.13%
$Avg Daily PnL
+$9.62
+0.0962%
★Best Day
+$17.17
Nov 13
◎Open Interest
MEXC$515.7K
KuCoin$845.4K⚡Funding APR
+35.13%
annualized · funding only
⚠Execution Cost
−$16.00
entry + exit fees
⏱Payback
1.7d
to break even
◧24h Volume
MEXC$150.8KKuCoin$463.4KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + fees only (orderbook snapshot stale) on both legs (−$16.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.