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

PIPPIN

all PIPPIN markets
SwapPrice view
Alert
Funding spread now, next payment 20:00 UTC+0.0545%/8h
next payment, per $10,000+$2.72paid, last 24h−0.050%paid, last 7 days−0.304%to open and close $10k−$112
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.304% in total (about -15.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.72 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 PIPPINUSDT0.019070.0100pay 0.0050% / 4h1h 41m$1.6M$349K10x
ShortBybit PIPPINUSDT0.019080.0645get 0.0322% / 4h1h 41m$3.7M$1.3M13x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
$114.42
Slippage, 4 orders
−$88.91
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$2.51
Break-even
6.8 days
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 min ago.

Price risk

price view
Price gap now
+0.052%
Avg gap 7d
+0.092%
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, 2 min ago5.24 bp26.8 bp −$27117.8 bp −$1,178doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.62 bp21.5 bp −$21243.7 bp −$2,437doesn't fitdoesn't fit

PIPPIN on 13 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica PIPPIN+0.0079%1h$18K$9K3xas long as short
Aster PIPPINUSDT+0.0100%4h$111K$32K5xas long as short
Binance PIPPINUSDT+0.0100%4h$5.4M$4.5M25xas long as short
MEXC PIPPIN_USDT+0.0100%4h$2.6M$715K50xas long as short
KuCoin PIPPINUSDTM+0.0100%4h$2.2M$4.1M25xas long as short
Bitget PIPPINUSDTlong+0.0100%4h$1.6M$349K10x
SunX PIPPIN-USDT+0.0100%4h$842$9.5M20xas long as short
HTX PIPPIN-USDT+0.0100%4h$34K$17K20xas long as short
BloFin PIPPIN-USDT+0.0149%4h$255K$23K25xas long as short
OKX PIPPIN-USDT-SWAP+0.0455%4h$1.6M$3.3M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BingX PIPPIN-USDT+0.0598%4h$1.3Mas long as short
Gate PIPPIN_USDT+0.0616%4h$1.8M$267K20xas long as short
Bybit PIPPINUSDTshort+0.0645%4h$3.7M$1.3M13x