Funding you earn now, next payment 04:00 UTC−0.1098%/8h= −120.2% APRnext payment −$5.49 per $10,000 · paid last 24h +0.017%
Price spread now: Aster against Bitget−0.105%7-day average −0.087% · 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−$94as in the Price arb table
costs, in and out, $10k−$930.926% of the position
Funding, last 5 days (all we have)−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.105%−$11 · spread now −0.105%, 7d avg −0.087%
=Together, before fees−0.182%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.087%, so right now this pair is about funding alone: −$33 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.077% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIPPINUSDT | 0.01896 | 0.1198 | pay 0.0599% / 4h | 54m 35s | $1.6M | $320K | 10x |
| Short | Aster PIPPINUSDT | 0.01894 | 0.0100 | get 0.0050% / 4h | 54m 35s | $110K | $33K | 5x |
Bitget PIPPINUSDT
Aster PIPPINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- −$230.58
- Price spread: −0.105% → −0.087%
- −$1.88
- Slippage, 4 orders
- −$72.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$325.06
- Costs to cover
- 0.926%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 1 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 Bitget live order book, 2 min ago | 5.27 bp | 25.4 bp −$25 | 347.8 bp −$3,478 | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 5.28 bp | 23.7 bp −$24 | 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 PIPPINUSDTshort | +0.0100% | 4h | 0.01894 | −0.105% | $110K | $33K | 5x | |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01895 | −0.053% | $18K | $9K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01894 | −0.106% | $5.4M | $4.8M | 25x | as long as short |
| MEXC PIPPIN_USDT | +0.0100% | 4h | 0.01893 | −0.158% | $2.4M | $726K | 50x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01892 | −0.211% | $827 | $10.1M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01885 | −0.580% | $34K | $14K | 20x | as long as short |
| Bybit PIPPINUSDT | +0.0100% | 4h | 0.01897 | +0.053% | $3.6M | $1.4M | 13x | as long as short |
| BloFin PIPPIN-USDT | +0.0158% | 4h | 0.01893 | −0.158% | $254K | $25K | 25x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0223% | 4h | 0.01894 | −0.105% | $1.5M | $3.2M | 20x | as long as short |
| Gate PIPPIN_USDT | +0.0288% | 4h | 0.01894 | −0.105% | $1.8M | $304K | 20x | as long as short |
Pacifica PIPPIN
Binance PIPPINUSDT
MEXC PIPPIN_USDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
Bybit PIPPINUSDT
BloFin PIPPIN-USDT
OKX PIPPIN-USDT-SWAP
Gate PIPPIN_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PIPPINUSDTM | +0.1048% | 4h | 0.01895 | −0.053% | $2.1M | $5.0M | 25x | as long as short |
| Bitget PIPPINUSDTlong | +0.1198% | 4h | 0.01896 | long leg | $1.6M | $320K | 10x | |
| BingX PIPPIN-USDT | +0.1218% | 4h | 0.01897 | +0.053% | — | $1.3M | — | as long as short |
KuCoin PIPPINUSDTM
BingX PIPPIN-USDT