PIPPIN

Alert

Funding spread now, next payment 16:00 UTC−0.0264%/8h

next payment, per $10,000−$1.32paid, last 24h+0.055%paid, last 7 days+0.146%to open and close $10k−$76

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.146% in total (about 7.6% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC PIPPIN_USDT	0.01905	0.0364	pay 0.0182% / 4h	3h 59m	$2.5M	$681K	50x
Short	Bitget PIPPINUSDT	0.01907	0.0100	get 0.0050% / 4h	3h 59m	$1.6M	$358K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BitgetbpOrdersRate

Funding earned: −$55.44
Slippage, 4 orders: −$63.8
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$131.24
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.105%
Avg gap 7d: +0.068%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 3 min ago	2.62 bp	13.1 bp −$13	118.9 bp −$1,189	225.2 bp −$22.5K	422.7 bp −$211.3K
Sell Bitget live order book, 3 min ago	5.24 bp	20.7 bp −$21	167.4 bp −$1,674	doesn't fit	doesn't fit

PIPPIN on 13 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Pacifica PIPPIN	+0.0100%	1h	$18K	$8K	3x	as long as short
Bitget PIPPINUSDTshort	+0.0100%	4h	$1.6M	$358K	10x
SunX PIPPIN-USDT	+0.0100%	4h	$1K	$9.1M	20x	as long as short
HTX PIPPIN-USDT	+0.0100%	4h	$34K	$16K	20x	as long as short
Bybit PIPPINUSDT	+0.0269%	4h	$3.7M	$1.1M	13x	as long as short
BloFin PIPPIN-USDT	+0.0340%	4h	$257K	$22K	25x	as long as short
MEXC PIPPIN_USDTlong	+0.0364%	4h	$2.5M	$681K	50x
Binance PIPPINUSDT	+0.0365%	4h	$5.3M	$4.2M	25x	as long as short
Aster PIPPINUSDT	+0.0456%	4h	$118K	$24K	5x	as long as short
BingX PIPPIN-USDT	+0.0552%	4h	—	$1.4M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate PIPPIN_USDT	+0.0554%	4h	$1.7M	$187K	20x	as long as short
OKX PIPPIN-USDT-SWAP	+0.0571%	4h	$1.6M	$3.1M	20x	as long as short
KuCoin PIPPINUSDTM	+0.0630%	4h	$2.2M	$4.5M	25x	as long as short