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

PIPPIN

all PIPPIN markets
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Funding spread now, next payment 17:00 UTC+0.0527%/8h
paid, last 24h−0.026%paid, last 5 days+0.130%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.130% in total (about 9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PIPPIN0.019280.0100pay 0.0013% / 1h50m 45s$19K$8K3x
ShortOKX PIPPIN-USDT-SWAP0.019290.0627get 0.0314% / 4h3h 50m$1.6M$3.3M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$110.7
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
$92.7
Break-even
1.1 days
Slippage unknown: Pacifica: no order-book sample; OKX: live order book, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.052%
Avg gap 7d
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 Pacifica no order-book sample
Sell OKX live order book, 3 min ago5.17 bp21.6 bp −$22116.5 bp −$1,165doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Pacifica PIPPINlong+0.0100%1h$19K$8K3x
Bybit PIPPINUSDT+0.0100%4h$3.7M$1.2M13xas long as short
Gate PIPPIN_USDT+0.0100%4h$1.7M$189K20xas long as short
Bitget PIPPINUSDT+0.0100%4h$1.6M$369K10xas long as short
SunX PIPPIN-USDT+0.0100%4h$1K$9.3M20xas long as short
HTX PIPPIN-USDT+0.0100%4h$35K$17K20xas long as short
BloFin PIPPIN-USDT+0.0320%4h$255K$22K25xas long as short
Binance PIPPINUSDT+0.0329%4h$5.4M$4.4M25xas long as short
MEXC PIPPIN_USDT+0.0342%4h$2.7M$694K50xas long as short
Aster PIPPINUSDT+0.0494%4h$119K$22K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin PIPPINUSDTM+0.0568%4h$2.2M$4.5M25xas long as short
OKX PIPPIN-USDT-SWAPshort+0.0627%4h$1.6M$3.3M20x
BingX PIPPIN-USDT+0.0638%4h$1.4Mas long as short