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

PIPPIN

all PIPPIN markets
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Funding spread now, next payment 16:00 UTC−0.0264%/8h
next payment, per $10,000$1.32paid, last 24h−0.073%paid, last 7 days+0.099%to open and close $10k−$334
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.32 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
LongKuCoin PIPPINUSDTM0.019150.0832pay 0.0416% / 4h31m 18s$2.2M$4.5M25x
ShortBingX PIPPIN-USDT0.019120.0568get 0.0284% / 4h31m 18s$1.4M

Funding history

latest
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Funding on every exchange

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Profit calculator

Funding earned
−$55.44
Slippage, 4 orders
−$312.42
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$389.86
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 7 min ago.

Price risk

price view
Price gap now
−0.157%
Avg gap 7d
+0.011%
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 KuCoin live order book, 3 min ago7.82 bp190.4 bp −$190doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago2.60 bp55.0 bp −$55149.4 bp −$1,494596.8 bp −$59.7Kdoesn't fit

PIPPIN on 13 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica PIPPIN+0.0100%1h$18K$7K3xas long as short
SunX PIPPIN-USDT+0.0100%4h$2K$8.6M20xas long as short
HTX PIPPIN-USDT+0.0100%4h$35K$16K20xas long as short
Bybit PIPPINUSDT+0.0252%4h$3.7M$1.0M13xas long as short
Bitget PIPPINUSDT+0.0316%4h$1.6M$339K10xas long as short
Binance PIPPINUSDT+0.0503%4h$5.3M$4.0M25xas long as short
Gate PIPPIN_USDT+0.0516%4h$1.7M$167K20xas long as short
MEXC PIPPIN_USDT+0.0528%4h$2.6M$668K50xas long as short
Aster PIPPINUSDT+0.0535%4h$111K$14K5xas long as short
OKX PIPPIN-USDT-SWAP+0.0542%4h$1.6M$3.0M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin PIPPIN-USDT+0.0562%4h$261K$21K25xas long as short
BingX PIPPIN-USDTshort+0.0568%4h$1.4M
KuCoin PIPPINUSDTMlong+0.0832%4h$2.2M$4.5M25x