Funding you earn now, next payment 22:00 UTC+0.0938%/8h= +102.7% APRpaid last 24h +0.044%
Price spread now: Gate against Pacifica+0.105%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 +$28 a day on $10k at the current rate, and Gate is 0.105% dearer against Pacifica than usual: you sell high and buy low: +$11 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 | 0.01900 | 0.0134 | pay 0.0017% / 1h | 14m 24s | $18K | $9K | 3x |
| Short | Gate PIPPIN_USDT | 0.01902 | 0.1072 | get 0.0536% / 4h | 2h 14m | $1.8M | $306K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $196.88
- Price spread: +0.105% → 0.000%
- $10.53
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $184.41
- Costs to cover
- 0.230%
- Break-even
- 0.4 days
Slippage unknown: Pacifica: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago | 5.25 bp | 454.5 bp −$455 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PIPPINUSDT | +0.0100% | 4h | 0.01901 | +0.053% | $1.6M | $349K | 10x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01902 | +0.105% | $1K | $9.7M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01885 | −0.789% | $34K | $16K | 20x | as long as short |
| Pacifica PIPPINlong | +0.0134% | 1h | 0.01900 | long leg | $18K | $9K | 3x | |
| OKX PIPPIN-USDT-SWAP | +0.0188% | 4h | 0.01900 | 0.000% | $1.6M | $3.3M | 20x | as long as short |
| Aster PIPPINUSDT | +0.0315% | 4h | 0.01899 | −0.053% | $110K | $32K | 5x | as long as short |
| KuCoin PIPPINUSDTM | +0.0380% | 4h | 0.01902 | +0.105% | $2.1M | $3.2M | 25x | as long as short |
| BloFin PIPPIN-USDT | +0.0417% | 4h | 0.01900 | 0.000% | $250K | $27K | 25x | as long as short |
| MEXC PIPPIN_USDT | +0.0472% | 4h | 0.01899 | −0.053% | $2.5M | $768K | 50x | as long as short |
| Binance PIPPINUSDT | +0.0488% | 4h | 0.01900 | 0.000% | $5.3M | $4.6M | 25x | 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 | +0.0752% | 4h | 0.01900 | 0.000% | — | $1.3M | — | as long as short |
| Bybit PIPPINUSDT | +0.0830% | 4h | 0.01902 | +0.105% | $3.6M | $1.3M | 13x | as long as short |
| Gate PIPPIN_USDTshort | +0.1072% | 4h | 0.01902 | +0.105% | $1.8M | $306K | 20x |
Pacifica PIPPIN
Gate PIPPIN_USDT
Bitget PIPPINUSDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
OKX PIPPIN-USDT-SWAP
Aster PIPPINUSDT
KuCoin PIPPINUSDTM
BloFin PIPPIN-USDT
MEXC PIPPIN_USDT
Binance PIPPINUSDT
BingX PIPPIN-USDT
Bybit PIPPINUSDT