data as of
Settings8H · net · $10k
Funding arb /

PIPPIN

all PIPPIN markets
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Funding spread now, next payment 16:00 UTC+0.0258%/8h
next payment, per $10,000+$1.29paid, last 24h−0.052%paid, last 7 days−0.137%to open and close $10k−$116
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PIPPINUSDT0.018870.0276pay 0.0138% / 4h2h 36m$1.6M$294K10x
ShortBinance PIPPINUSDT0.018850.0534get 0.0267% / 4h2h 36m$5.3M$3.5M25x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$54.1
Slippage, 4 orders
−$93.84
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$61.74
Break-even
15.0 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.106%
Avg gap 7d
−0.055%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago2.65 bp28.0 bp −$28113.8 bp −$1,138doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago2.65 bp23.1 bp −$23129.0 bp −$1,290doesn't fitdoesn't fit

PIPPIN on 13 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica PIPPIN+0.0100%1h$19K$6K3xas long as short
SunX PIPPIN-USDT+0.0100%4h$1K$7.7M20xas long as short
HTX PIPPIN-USDT+0.0100%4h$34K$16K20xas long as short
Bitget PIPPINUSDTlong+0.0276%4h$1.6M$294K10x
OKX PIPPIN-USDT-SWAP+0.0436%4h$1.5M$2.6M20xas long as short
MEXC PIPPIN_USDT+0.0492%4h$2.7M$571K50xas long as short
Binance PIPPINUSDTshort+0.0534%4h$5.3M$3.5M25x
BloFin PIPPIN-USDT+0.0545%4h$254K$20K25xas long as short
Aster PIPPINUSDT+0.0557%4h$110K$11K5xas long as short
Gate PIPPIN_USDT+0.0586%4h$1.7M$158K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit PIPPINUSDT+0.0700%4h$3.6M$882K13xas long as short
BingX PIPPIN-USDT+0.0738%4h$1.3Mas long as short
KuCoin PIPPINUSDTM+0.0832%4h$2.2M$4.6M25xas long as short