PIPPIN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h +0.055%

Price spread now: OKX against SunX0.000%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$168as in the Price arb table

costs, in and out, $10k−$1681.681% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.540%+$54 on $10k

Price spread, last 3 days (all we have)+0.054%+$5 · spread now 0.000%, 7d avg +0.002%

Together, before fees+0.594%+$59 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PIPPIN-USDT	0.01903	0.0100	pay 0.0050% / 4h	2h 26m	$3K	$9.7M	20x
Short	OKX PIPPIN-USDT-SWAP	0.01903	0.0162	get 0.0081% / 4h	2h 26m	$1.6M	$3.3M	20x

Funding history

latest

Range statsloading…

OKX against SunX. 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 SunXbpFee OKXbpOrdersPrice spread, now 0.000%Rate

Slippage from SunX: live order book, 13 min ago; OKX: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 13 min ago	18.47 bp	57.0 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	5.26 bp	23.1 bp −$23	150.0 bp −$1,500	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	0.01898	−0.286%	$110K	$32K	5x	as long as short
Bitget PIPPINUSDT	+0.0100%	4h	0.01901	−0.105%	$1.6M	$349K	10x	as long as short
SunX PIPPIN-USDTlong	+0.0100%	4h	0.01903	long leg	$3K	$9.7M	20x
HTX PIPPIN-USDT	+0.0100%	4h	0.01888	−0.788%	$34K	$16K	20x	as long as short
Pacifica PIPPIN	+0.0134%	1h	0.01900	−0.158%	$18K	$9K	3x	as long as short
OKX PIPPIN-USDT-SWAPshort	+0.0162%	4h	0.01903	0.000%	$1.6M	$3.3M	20x
BloFin PIPPIN-USDT	+0.0206%	4h	0.01900	−0.158%	$251K	$27K	25x	as long as short
MEXC PIPPIN_USDT	+0.0228%	4h	0.01901	−0.105%	$2.5M	$767K	50x	as long as short
Binance PIPPINUSDT	+0.0230%	4h	0.01901	−0.105%	$5.3M	$4.5M	25x	as long as short
KuCoin PIPPINUSDTM	+0.0348%	4h	0.01903	0.000%	$2.1M	$3.3M	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	+0.0498%	4h	0.01903	0.000%	—	$1.3M	—	as long as short
Bybit PIPPINUSDT	+0.0611%	4h	0.01903	0.000%	$3.6M	$1.3M	13x	as long as short
Gate PIPPIN_USDT	+0.0784%	4h	0.01899	−0.210%	$1.8M	$305K	20x	as long as short