Settings8H · net · $10k
Funding arb · Price arb /

PIPPIN

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PIPPIN0.019000.0134pay 0.0017% / 1h14m 24s$18K$9K3x
ShortGate PIPPIN_USDT0.019020.1072get 0.0536% / 4h2h 14m$1.8M$306K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell Gate live order book, 3 min ago5.25 bp454.5 bp −$455doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget PIPPINUSDT+0.0100%4h0.01901+0.053%$1.6M$349K10xas long as short
SunX PIPPIN-USDT+0.0100%4h0.01902+0.105%$1K$9.7M20xas long as short
HTX PIPPIN-USDT+0.0100%4h0.01885−0.789%$34K$16K20xas long as short
Pacifica PIPPINlong+0.0134%1h0.01900long leg$18K$9K3x
OKX PIPPIN-USDT-SWAP+0.0188%4h0.019000.000%$1.6M$3.3M20xas long as short
Aster PIPPINUSDT+0.0315%4h0.01899−0.053%$110K$32K5xas long as short
KuCoin PIPPINUSDTM+0.0380%4h0.01902+0.105%$2.1M$3.2M25xas long as short
BloFin PIPPIN-USDT+0.0417%4h0.019000.000%$250K$27K25xas long as short
MEXC PIPPIN_USDT+0.0472%4h0.01899−0.053%$2.5M$768K50xas long as short
Binance PIPPINUSDT+0.0488%4h0.019000.000%$5.3M$4.6M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIPPIN-USDT+0.0752%4h0.019000.000%$1.3Mas long as short
Bybit PIPPINUSDT+0.0830%4h0.01902+0.105%$3.6M$1.3M13xas long as short
Gate PIPPIN_USDTshort+0.1072%4h0.01902+0.105%$1.8M$306K20x