Funding you earn now, next payment 05:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.021%
Price spread now: BloFin against Pacifica+0.079%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.079% dearer against Pacifica than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PIPPIN | 0.01908 | 0.0100 | pay 0.0013% / 1h | 11m 00s | $18K | $9K | 3x |
| Short | BloFin PIPPIN-USDT | 0.01909 | 0.0120 | get 0.0060% / 4h | 3h 11m | $254K | $27K | 25x |
Pacifica PIPPIN
BloFin PIPPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Pacifica. 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
- $4.14
- Price spread: +0.079% → 0.000%
- $7.86
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$7.99
- Costs to cover
- 0.200%
- Break-even
- 20.5 days
Slippage unknown: Pacifica: no order-book sample; BloFin: live order book, 11 min ago. Net counts fees only.
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 Pacifica no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 11 min ago | 5.25 bp | 20.8 bp −$21 | 81.0 bp −$810 | doesn't fit | doesn't fit |
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PIPPINUSDT | +0.0100% | 4h | 0.01907 | −0.034% | $111K | $33K | 5x | as long as short |
| Pacifica PIPPINlong | +0.0100% | 1h | 0.01908 | long leg | $18K | $9K | 3x | |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01908 | +0.023% | $5.4M | $5.0M | 25x | as long as short |
| MEXC PIPPIN_USDT | +0.0100% | 4h | 0.01907 | −0.026% | $2.5M | $714K | 50x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01910 | +0.131% | $1K | $10.2M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01887 | −1.075% | $34K | $14K | 20x | as long as short |
| BloFin PIPPIN-USDTshort | +0.0120% | 4h | 0.01909 | +0.079% | $254K | $27K | 25x | |
| OKX PIPPIN-USDT-SWAP | +0.0298% | 4h | 0.01907 | −0.026% | $1.5M | $3.3M | 20x | as long as short |
| Gate PIPPIN_USDT | +0.0324% | 4h | 0.01907 | −0.026% | $1.8M | $317K | 20x | as long as short |
| Bybit PIPPINUSDT | +0.0658% | 4h | 0.01908 | +0.026% | $3.6M | $1.4M | 13x | as long as short |
Aster PIPPINUSDT
Binance PIPPINUSDT
MEXC PIPPIN_USDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
OKX PIPPIN-USDT-SWAP
Gate PIPPIN_USDT
Bybit PIPPINUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIPPIN-USDT | +0.0756% | 4h | 0.01906 | −0.079% | — | $1.3M | — | as long as short |
| Bitget PIPPINUSDT | +0.0798% | 4h | 0.01909 | +0.079% | $1.6M | $305K | 10x | as long as short |
| KuCoin PIPPINUSDTM | +0.1090% | 4h | 0.01908 | +0.026% | $2.1M | $5.5M | 25x | as long as short |
BingX PIPPIN-USDT
Bitget PIPPINUSDT
KuCoin PIPPINUSDTM