Settings8H · net · $10k
Funding arb · Price arb /

PIPPIN

all PIPPIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%
Price spread now: Pacifica against MEXC0.000%45s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PIPPIN_USDT0.019240.0100pay 0.0050% / 4h1h 49m$2.6M$727K50x
ShortPacifica PIPPIN0.019240.0100get 0.0013% / 1h49m 51s$18K$9K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$8
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 2 min ago; Pacifica: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago2.60 bp8.9 bp −$9140.8 bp −$1,408233.5 bp −$23.3K406.3 bp −$203.1K
Sell Pacifica no order-book sample
Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PIPPIN on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PIPPIN-USDT+0.0077%4h0.01922−0.104%$258K$27K25xas long as short
Aster PIPPINUSDT+0.0100%4h0.01924−0.020%$112K$34K5xas long as short
Pacifica PIPPINshort+0.0100%1h0.019240.000%$18K$9K3x
Binance PIPPINUSDT+0.0100%4h0.01925+0.052%$5.5M$5.2M25xas long as short
MEXC PIPPIN_USDTlong+0.0100%4h0.01924long leg$2.6M$727K50x
SunX PIPPIN-USDT+0.0100%4h0.019240.000%$1K$10.4M20xas long as short
HTX PIPPIN-USDT+0.0100%4h0.01910−0.728%$35K$14K20xas long as short
OKX PIPPIN-USDT-SWAP+0.0416%4h0.01925+0.052%$1.6M$3.5M20xas long as short
Gate PIPPIN_USDT+0.0430%4h0.01923−0.052%$1.8M$325K20xas long as short
Bybit PIPPINUSDT+0.0557%4h0.01926+0.104%$3.7M$1.5M13xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIPPIN-USDT+0.1018%4h0.01926+0.104%$1.3Mas long as short
Bitget PIPPINUSDT+0.1032%4h0.019240.000%$1.6M$319K10xas long as short
KuCoin PIPPINUSDTM+0.1128%4h0.019240.000%$2.2M$5.9M25xas long as short