PIPPIN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0248%/8h= +27.2% APRnext payment +$1.24 per $10,000 · paid last 24h +0.148%

Price spread now: KuCoin against Bitget+0.053%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$280as in the Funding arb table

Net, price: spread back to 7d avg − costs−$316as in the Price arb table

costs, in and out, $10k−$3183.176% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.374%+$37 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.053%, 7d avg +0.033%

Together, before fees+0.312%+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PIPPINUSDT	0.01900	0.0100	pay 0.0050% / 4h	2h 26m	$1.6M	$349K	10x
Short	KuCoin PIPPINUSDTM	0.01901	0.0348	get 0.0174% / 4h	2h 26m	$2.1M	$3.3M	25x

Funding history

latest

Range statsloading…

KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now +0.053%Rate

Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 6 min ago.

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, 5 min ago	5.27 bp	24.9 bp −$25	306.5 bp −$3,065	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	2.63 bp	53.3 bp −$53	doesn't fit	doesn't fit	doesn't fit

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 PIPPINUSDT	+0.0100%	4h	0.01897	−0.148%	$110K	$32K	5x	as long as short
Bitget PIPPINUSDTlong	+0.0100%	4h	0.01900	long leg	$1.6M	$349K	10x
SunX PIPPIN-USDT	+0.0100%	4h	0.01900	0.000%	$530	$9.7M	20x	as long as short
HTX PIPPIN-USDT	+0.0100%	4h	0.01888	−0.632%	$34K	$16K	20x	as long as short
Pacifica PIPPIN	+0.0134%	1h	0.01900	0.000%	$18K	$9K	3x	as long as short
OKX PIPPIN-USDT-SWAP	+0.0142%	4h	0.01903	+0.158%	$1.6M	$3.3M	20x	as long as short
BloFin PIPPIN-USDT	+0.0206%	4h	0.01900	0.000%	$251K	$27K	25x	as long as short
MEXC PIPPIN_USDT	+0.0228%	4h	0.01901	+0.053%	$2.5M	$767K	50x	as long as short
Binance PIPPINUSDT	+0.0230%	4h	0.01901	+0.053%	$5.3M	$4.5M	25x	as long as short
KuCoin PIPPINUSDTMshort	+0.0348%	4h	0.01901	+0.053%	$2.1M	$3.3M	25x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIPPIN-USDT	+0.0498%	4h	0.01903	+0.158%	—	$1.3M	—	as long as short
Bybit PIPPINUSDT	+0.0611%	4h	0.01903	+0.158%	$3.6M	$1.3M	13x	as long as short
Gate PIPPIN_USDT	+0.0784%	4h	0.01898	−0.105%	$1.8M	$305K	20x	as long as short