PIPPIN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h −0.024%

Price spread now: BloFin against Aster+0.314%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$750.755% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.016%−$2 on $10k

Price spread, last 3 days (all we have)−0.166%−$17 · spread now +0.314%, 7d avg +0.083%

Together, before fees−0.181%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.232% dearer against Aster than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PIPPINUSDT	0.01908	0.0100	pay 0.0050% / 4h	3h 14m	$111K	$33K	5x
Short	BloFin PIPPIN-USDT	0.01914	0.0127	get 0.0064% / 4h	3h 14m	$251K	$28K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BloFinbpOrdersPrice spread, now +0.314%Rate

Funding earned: $5.75
Price spread: +0.314% → +0.083%: $23.19
Slippage, 4 orders: −$55.47
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$46.52
Costs to cover: 0.755%
Break-even: 63.6 days

Slippage from Aster: live order book, 56 min ago; BloFin: live order book, 51 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 Aster live order book, 56 min ago	5.26 bp	16.4 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 51 min ago	5.25 bp	27.8 bp −$28	78.2 bp −$782	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 PIPPINUSDTlong	+0.0100%	4h	0.01908	long leg	$111K	$33K	5x
Pacifica PIPPIN	+0.0100%	1h	0.01914	+0.314%	$18K	$9K	3x	as long as short
SunX PIPPIN-USDT	+0.0100%	4h	0.01917	+0.472%	$3K	$9.9M	20x	as long as short
HTX PIPPIN-USDT	+0.0100%	4h	0.01895	−0.681%	$34K	$15K	20x	as long as short
MEXC PIPPIN_USDT	+0.0106%	4h	0.01916	+0.419%	$2.5M	$761K	50x	as long as short
Binance PIPPINUSDT	+0.0107%	4h	0.01917	+0.472%	$5.4M	$4.7M	25x	as long as short
OKX PIPPIN-USDT-SWAP	+0.0114%	4h	0.01916	+0.419%	$1.6M	$3.2M	20x	as long as short
BloFin PIPPIN-USDTshort	+0.0127%	4h	0.01914	+0.314%	$251K	$28K	25x
Bybit PIPPINUSDT	+0.0258%	4h	0.01917	+0.472%	$3.7M	$1.4M	13x	as long as short
Gate PIPPIN_USDT	+0.1090%	4h	0.01914	+0.314%	$1.8M	$303K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIPPIN-USDT	+0.1604%	4h	0.01917	+0.472%	—	$1.3M	—	as long as short
KuCoin PIPPINUSDTM	+0.1620%	4h	0.01917	+0.472%	$2.1M	$4.2M	25x	as long as short
Bitget PIPPINUSDT	+0.1802%	4h	0.01908	0.000%	$1.6M	$328K	10x	as long as short