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

PIPPIN

all PIPPIN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0702%/8h= +76.9% APRnext payment +$3.51 per $10,000 · paid last 24h +0.090%
Price spread now: KuCoin against Aster+0.013%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2402.405% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.426%+$43 on $10k
Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.013%, 7d avg +0.077%
Together, before fees+0.572%+ Points / potential airdropAster: Stage 5 · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.064% cheaper against Aster than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.077%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$21 a day). At the pace of the last 5 days (+0.426% in total) that is about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster PIPPINUSDT0.018880.0100pay 0.0050% / 4h39m 02s$110K$33K5x
ShortKuCoin PIPPINUSDTM0.018880.0802get 0.0401% / 4h39m 02s$2.1M$5.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$147.42
Price spread: +0.013% → +0.077%
−$6.45
Slippage, 4 orders
−$220.46
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$99.49
Costs to cover
2.405%
Break-even
11.7 days
Slippage from Aster: live order book, 17 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 17 min ago5.28 bp14.1 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago7.95 bp46.1 bp −$46doesn't fitdoesn't fitdoesn't fit

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
Aster PIPPINUSDTlong+0.0100%4h0.01888long leg$110K$33K5x
Pacifica PIPPIN+0.0100%1h0.01888+0.002%$18K$9K3xas long as short
Binance PIPPINUSDT+0.0100%4h0.01886−0.093%$5.3M$4.9M25xas long as short
MEXC PIPPIN_USDT+0.0100%4h0.01885−0.146%$2.4M$729K50xas long as short
SunX PIPPIN-USDT+0.0100%4h0.01890+0.119%$830$10.1M20xas long as short
HTX PIPPIN-USDT+0.0100%4h0.01880−0.411%$34K$14K20xas long as short
Bybit PIPPINUSDT+0.0100%4h0.01888+0.013%$3.6M$1.4M13xas long as short
BloFin PIPPIN-USDT+0.0107%4h0.01890+0.119%$252K$25K25xas long as short
OKX PIPPIN-USDT-SWAP+0.0222%4h0.01886−0.093%$1.5M$3.2M20xas long as short
Gate PIPPIN_USDT+0.0228%4h0.01887−0.040%$1.8M$306K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin PIPPINUSDTMshort+0.0802%4h0.01888+0.013%$2.1M$5.0M25x
Bitget PIPPINUSDT+0.0822%4h0.01887−0.040%$1.6M$316K10xas long as short
BingX PIPPIN-USDT+0.0866%4h0.01886−0.093%$1.3Mas long as short