Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against Aster−0.104%7-day average +0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$780.781% of the position
Funding, last 5 days (all we have)−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.389%+$39 · spread now −0.104%, 7d avg +0.154%
=Together, before fees+0.291%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.258% cheaper against Aster than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of +0.154%). If the spread goes back, that is −$26 on $10k: about 20 days of funding at the current rate (+$1 a day). Mind the row above: over the last 5 days funding on this pair cost −0.098%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PIPPINUSDT | 0.01915 | 0.0077 | pay 0.0039% / 4h | 2h 09m | $111K | $33K | 5x |
| Short | Bybit PIPPINUSDT | 0.01913 | 0.0120 | get 0.0060% / 4h | 2h 09m | $3.7M | $1.4M | 13x |
Aster PIPPINUSDT
Bybit PIPPINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- $8.85
- Price spread: −0.104% → +0.154%
- −$25.84
- Slippage, 4 orders
- −$59.13
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$95.12
- Costs to cover
- 0.781%
- Break-even
- 82.3 days
Slippage from Aster: live order book, 56 min ago; Bybit: live order book, 3 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 | 7.81 bp | 16.8 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.61 bp | 19.3 bp −$19 | 178.2 bp −$1,782 | doesn't fit | doesn't fit |
PIPPIN on 12 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 | +0.0077% | 4h | 0.01915 | long leg | $111K | $33K | 5x | |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01912 | −0.157% | $18K | $9K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01913 | −0.104% | $5.4M | $4.8M | 25x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0100% | 4h | 0.01913 | −0.104% | $1.6M | $3.3M | 20x | as long as short |
| MEXC PIPPIN_USDT | +0.0100% | 4h | 0.01913 | −0.104% | $2.5M | $745K | 50x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01907 | −0.418% | $871 | $10.1M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01898 | −0.888% | $34K | $15K | 20x | as long as short |
| Gate PIPPIN_USDT | +0.0108% | 4h | 0.01912 | −0.157% | $1.8M | $307K | 20x | as long as short |
| Bybit PIPPINUSDTshort | +0.0120% | 4h | 0.01913 | −0.104% | $3.7M | $1.4M | 13x | |
| KuCoin PIPPINUSDTM | +0.1698% | 4h | 0.01914 | −0.052% | $2.1M | $4.6M | 25x | as long as short |
Pacifica PIPPIN
Binance PIPPINUSDT
OKX PIPPIN-USDT-SWAP
MEXC PIPPIN_USDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
Gate PIPPIN_USDT
KuCoin PIPPINUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIPPIN-USDT | +0.2078% | 4h | 0.01911 | −0.209% | — | $1.3M | — | as long as short |
| Bitget PIPPINUSDT | +0.2156% | 4h | 0.01911 | −0.209% | $1.6M | $328K | 10x | as long as short |
BingX PIPPIN-USDT
Bitget PIPPINUSDT