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

PIPPIN

all PIPPIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.054%
Price spread now: SunX against Pacifica+0.105%7-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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.105% dearer against Pacifica than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PIPPIN0.018980.0100pay 0.0013% / 1h6m 25s$18K$9K3x
ShortSunX PIPPIN-USDT0.019000.0100get 0.0050% / 4h1h 06m$2K$9.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.105% → 0.000%
$10.54
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$5.46
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; SunX: live order book, 13 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 SunX live order book, 13 min ago18.48 bp60.0 bp −$60doesn't fitdoesn'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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PIPPINUSDT+0.0100%4h0.01896−0.090%$110K$34K5xas long as short
Pacifica PIPPINlong+0.0100%1h0.01898long leg$18K$9K3x
OKX PIPPIN-USDT-SWAP+0.0100%4h0.01900+0.105%$1.6M$3.3M20xas long as short
Bitget PIPPINUSDT+0.0100%4h0.01901+0.158%$1.6M$334K10xas long as short
SunX PIPPIN-USDTshort+0.0100%4h0.01900+0.105%$2K$9.8M20x
HTX PIPPIN-USDT+0.0100%4h0.01882−0.843%$34K$16K20xas long as short
Binance PIPPINUSDT+0.0122%4h0.01898+0.011%$5.3M$4.6M25xas long as short
MEXC PIPPIN_USDT+0.0130%4h0.01897−0.053%$2.6M$750K50xas long as short
BloFin PIPPIN-USDT+0.0167%4h0.01897−0.053%$250K$27K25xas long as short
BingX PIPPIN-USDT+0.0468%4h0.01900+0.105%$1.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PIPPIN_USDT+0.0486%4h0.018980.000%$1.8M$304K20xas long as short
KuCoin PIPPINUSDTM+0.0510%4h0.018980.000%$2.1M$3.6M25xas long as short
Bybit PIPPINUSDT+0.0510%4h0.01901+0.158%$3.7M$1.4M13xas long as short