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

PIPPIN

all PIPPIN markets
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Funding spread now, next payment 20:00 UTC−0.0272%/8h
next payment, per $10,000$1.36paid, last 24h+0.060%paid, last 7 days+0.157%to open and close $10k−$93
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.157% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.36 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
LongBloFin PIPPIN-USDT0.019420.0378pay 0.0189% / 4h3h 56m$258K$22K25x
ShortBitget PIPPINUSDT0.019400.0106get 0.0053% / 4h3h 56m$1.6M$364K10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$57.22
Slippage, 4 orders
−$68.73
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$149.95
Break-even
never at this rate
Slippage from BloFin: live order book, 46 min ago; Bitget: live order book, 1 min ago.

Price risk

price view
Price gap now
−0.103%
Avg gap 7d
−0.003%
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 BloFin live order book, 46 min ago2.60 bp28.0 bp −$28129.7 bp −$1,297doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago5.18 bp23.7 bp −$24369.3 bp −$3,693doesn't fitdoesn't fit

PIPPIN on 13 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica PIPPIN+0.0100%1h$19K$8K3xas long as short
SunX PIPPIN-USDT+0.0100%4h$2K$9.1M20xas long as short
HTX PIPPIN-USDT+0.0100%4h$35K$16K20xas long as short
Bitget PIPPINUSDTshort+0.0106%4h$1.6M$364K10x
MEXC PIPPIN_USDT+0.0354%4h$2.6M$680K50xas long as short
Binance PIPPINUSDT+0.0356%4h$5.4M$4.3M25xas long as short
BloFin PIPPIN-USDTlong+0.0378%4h$258K$22K25x
Aster PIPPINUSDT+0.0478%4h$120K$22K5xas long as short
BingX PIPPIN-USDT+0.0566%4h$1.4Mas long as short
OKX PIPPIN-USDT-SWAP+0.0593%4h$1.6M$3.3M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin PIPPINUSDTM+0.0634%4h$2.2M$4.5M25xas long as short
Gate PIPPIN_USDT+0.1816%4h$1.7M$184K20xas long as short
Bybit PIPPINUSDT+0.2502%4h$3.7M$1.1M13xas long as short