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

PIPPIN

all PIPPIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.038%
Price spread now: MEXC against Pacifica0.000%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 5 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
LongPacifica PIPPIN0.019030.0100pay 0.0013% / 1h14m 52s$18K$9K3x
ShortMEXC PIPPIN_USDT0.019030.0100get 0.0050% / 4h14m 52s$2.4M$731K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Pacifica. 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 Pacifica: 4 bp × 2 orders
−$8
Fee MEXC: 0 bp × 2 orders
$0
Net
−$8
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; MEXC: live order book, 2 min ago. 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 Pacifica no order-book sample
Sell MEXC live order book, 2 min ago2.63 bp12.9 bp −$13134.6 bp −$1,346231.1 bp −$23.1K446.4 bp −$223.2K
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
Aster PIPPINUSDT+0.0100%4h0.01903−0.026%$111K$33K5xas long as short
Pacifica PIPPINlong+0.0100%1h0.01903long leg$18K$9K3x
Binance PIPPINUSDT+0.0100%4h0.01904+0.028%$5.4M$4.9M25xas long as short
MEXC PIPPIN_USDTshort+0.0100%4h0.019030.000%$2.4M$731K50x
SunX PIPPIN-USDT+0.0100%4h0.01907+0.210%$2K$10.2M20xas long as short
HTX PIPPIN-USDT+0.0100%4h0.01890−0.683%$34K$14K20xas long as short
BloFin PIPPIN-USDT+0.0110%4h0.01901−0.105%$252K$24K25xas long as short
Bybit PIPPINUSDT+0.0196%4h0.01905+0.105%$3.6M$1.4M13xas long as short
Gate PIPPIN_USDT+0.0220%4h0.019030.000%$1.8M$310K20xas long as short
OKX PIPPIN-USDT-SWAP+0.0239%4h0.019030.000%$1.5M$3.3M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIPPIN-USDT+0.0554%4h0.01897−0.315%$1.3Mas long as short
Bitget PIPPINUSDT+0.0584%4h0.019030.000%$1.6M$313K10xas long as short
KuCoin PIPPINUSDTM+0.0732%4h0.01904+0.053%$2.1M$5.2M25xas long as short