← 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 ~4.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+17.75%
7d Period Avg+53.10%
swing±108.69%
LONG OKX · nowPIPPIN-USDT-SWAP
+10.96%
7d avg:+25.79%
SHORT KuCoin · nowPIPPINUSDTM
+28.71%
7d avg:+78.89%
Entry Spread Now
−0.335%
Against youL 0.01193 · S 0.01189−$33.53 if it converges
24h range −0.57%…+0.08% · median −0.16%
Long pays every4hShort pays every4h
LONGmaker0.020%/taker0.050%SHORTmaker0.020%/taker0.060%
Loading Funding History…
↗Total PnL
+$76.83
+0.77%
$Avg Daily PnL
+$14.12
+0.1412%
★Best Day
+$37.94
Nov 13
◎Open Interest
OKX$1.05M
KuCoin$849.6K⚡Funding APR
+51.54%
annualized · funding only
⚠Execution Cost
−$22.00
entry + exit fees
⏱Payback
1.6d
to break even
◧24h Volume
OKX$804.2KKuCoin$462.0KLoading 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 (−$22.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.