PIPPIN

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%

Price spread now: Gate against Aster+0.105%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$882as in the Price arb table

costs, in and out, $10k−$8918.915% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.072%−$7 on $10k

Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.105%, 7d avg +0.010%

Together, before fees−0.240%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.095% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 6 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PIPPINUSDT	0.01903	0.0100	pay 0.0050% / 4h	3h 48m	$111K	$35K	5x
Short	Gate PIPPIN_USDT	0.01905	0.0126	get 0.0063% / 4h	3h 48m	$1.8M	$319K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee GatebpOrdersPrice spread, now +0.105%Rate

Funding earned: $5.46
Price spread: +0.105% → +0.010%: $9.51
Slippage, 4 orders: −$868.5
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$876.53
Costs to cover: 8.915%
Break-even: 1130.8 days

Slippage from Aster: live order book, 47 min ago; Gate: live order book, 4 min ago.

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 Aster live order book, 47 min ago	5.26 bp	16.3 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	5.24 bp	672.6 bp −$673	doesn't fit	doesn't fit	doesn't fit

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
BloFin PIPPIN-USDT	+0.0067%	4h	0.01907	+0.210%	$256K	$32K	25x	as long as short
Aster PIPPINUSDTlong	+0.0100%	4h	0.01903	long leg	$111K	$35K	5x
Pacifica PIPPIN	+0.0100%	1h	0.01903	0.000%	$18K	$5K	3x	as long as short
Binance PIPPINUSDT	+0.0100%	4h	0.01906	+0.158%	$5.4M	$5.3M	25x	as long as short
Bybit PIPPINUSDT	+0.0100%	4h	0.01907	+0.210%	$3.6M	$1.5M	13x	as long as short
MEXC PIPPIN_USDT	+0.0100%	4h	0.01905	+0.105%	$2.8M	$781K	50x	as long as short
SunX PIPPIN-USDT	+0.0100%	4h	0.01908	+0.263%	$1K	$10.4M	20x	as long as short
HTX PIPPIN-USDT	+0.0100%	4h	0.01901	−0.105%	$34K	$14K	20x	as long as short
Gate PIPPIN_USDTshort	+0.0126%	4h	0.01905	+0.105%	$1.8M	$319K	20x
OKX PIPPIN-USDT-SWAP	+0.0144%	4h	0.01905	+0.105%	$1.5M	$3.5M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget PIPPINUSDT	+0.0216%	4h	0.01908	+0.263%	$1.6M	$330K	10x	as long as short
BingX PIPPIN-USDT	+0.0230%	4h	0.01908	+0.263%	—	$1.4M	—	as long as short
KuCoin PIPPINUSDTM	+0.0440%	4h	0.01907	+0.210%	$2.1M	$6.4M	25x	as long as short