Funding you earn now, next payment 12:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.011%
Price spread now: BloFin against Aster−0.082%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$860.862% of the position
Funding, last 6 days (all we have)−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.354%+$35 · spread now −0.082%, 7d avg +0.058%
=Together, before fees+0.343%+ Points / potential airdropAster: Stage 5 · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.139% cheaper against Aster than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.058%). If the spread goes back, that is −$14 on $10k: about 14 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PIPPINUSDT | 0.01902 | 0.0902 | pay 0.0451% / 4h | 1h 56m | $111K | $35K | 5x |
| Short | BloFin PIPPIN-USDT | 0.01900 | 0.0936 | get 0.0468% / 4h | 1h 56m | $254K | $31K | 25x |
Aster PIPPINUSDT
BloFin PIPPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.17
- Price spread: −0.082% → +0.058%
- −$13.95
- Slippage, 4 orders
- −$66.23
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$93.01
- Costs to cover
- 0.862%
- Break-even
- 97.8 days
Slippage from Aster: live order book, 52 min ago; BloFin: live order book, 49 min ago.
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 Aster live order book, 52 min ago | 5.28 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 49 min ago | 7.91 bp | 26.1 bp −$26 | 77.7 bp −$777 | doesn't fit | doesn't fit |
PIPPIN on 13 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget PIPPINUSDT | +0.0100% | 4h | 0.01903 | +0.076% | $1.6M | $264K | 10x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01902 | +0.023% | $2K | $9.1M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01890 | −0.608% | $34K | $5K | 20x | as long as short |
| Pacifica PIPPIN | +0.0148% | 1h | 0.01902 | +0.018% | $18K | $4K | 3x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0225% | 4h | 0.01903 | +0.076% | $1.5M | $2.8M | 20x | as long as short |
| Bybit PIPPINUSDT | +0.0276% | 4h | 0.01902 | +0.023% | $3.6M | $1.3M | 13x | as long as short |
| KuCoin PIPPINUSDTM | +0.0362% | 4h | 0.01902 | +0.023% | $2.1M | $6.8M | 25x | as long as short |
| Gate PIPPIN_USDT | +0.0750% | 4h | 0.01901 | −0.029% | $1.8M | $283K | 20x | as long as short |
| BingX PIPPIN-USDT | +0.0856% | 4h | 0.01902 | +0.023% | — | $1.3M | — | as long as short |
| Aster PIPPINUSDTlong | +0.0902% | 4h | 0.01902 | long leg | $111K | $35K | 5x |
Bitget PIPPINUSDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
Pacifica PIPPIN
OKX PIPPIN-USDT-SWAP
Bybit PIPPINUSDT
KuCoin PIPPINUSDTM
Gate PIPPIN_USDT
BingX PIPPIN-USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PIPPIN_USDT | +0.0928% | 4h | 0.01901 | −0.029% | $3.0M | $725K | 50x | as long as short |
| BloFin PIPPIN-USDTshort | +0.0936% | 4h | 0.01900 | −0.082% | $254K | $31K | 25x | |
| Binance PIPPINUSDT | +0.0942% | 4h | 0.01901 | −0.017% | $5.4M | $4.6M | 25x | as long as short |
MEXC PIPPIN_USDT
Binance PIPPINUSDT