data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

PIPPIN

all PIPPIN markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$317
spread now−0.052%7d average+0.073%fees + slippage, in and out−$304spread needed3.043%
Long on GateShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PIPPIN_USDT0.019070.0612pay 0.0306% / 4h1h 39m$1.8M$267K20x
ShortBingX PIPPIN-USDT0.019060.0598get 0.0299% / 4h1h 39m—$1.3M—

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

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

Profit calculator

Spread captured
−$5.24
Funding while held
−$0.42
Slippage, 4 orders
−$279.3
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$309.97
Spread needed to break even
3.043%
Slippage from Gate: live order book, 4 min ago; BingX: live order book, 13 min ago.

Cost of waiting

funding view
Funding /8h
−0.0014%
Per $10,000 a day
−$0.42
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago5.24 bp180.2 bp −$180doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 13 min ago2.63 bp18.5 bp −$19108.0 bp −$1,080402.3 bp −$40.2Kdoesn't fit

PIPPIN price on every exchange

against the cheapest. Click to use as the short leg.
HTX0.01895cheapestMEXC0.01904+0.475%Binance0.01905+0.502%OKX0.01905+0.528%Aster0.01905+0.531%Bybit0.01906+0.580%KuCoin0.01906+0.580%Bitget0.01906+0.580%
BingX0.01906+0.580%
Pacifica0.01906+0.591%
Gate0.01907+0.633%
SunX0.01907+0.633%BloFin0.01909+0.739%

PIPPIN on 13 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX PIPPIN-USDT−0.629%+0.0100%4h$34K$17K20xas long as short
MEXC PIPPIN_USDT−0.157%+0.0100%4h$2.6M$715K50xas long as short
Binance PIPPINUSDT−0.131%+0.0100%4h$5.4M$4.5M25xas long as short
OKX PIPPIN-USDT-SWAP−0.105%+0.0438%4h$1.6M$3.3M20xas long as short
Aster PIPPINUSDT−0.101%+0.0100%4h$111K$32K5xas long as short
Bybit PIPPINUSDT−0.052%+0.0630%4h$3.7M$1.3M13xas long as short
KuCoin PIPPINUSDTM−0.052%+0.0100%4h$2.2M$4.0M25xas long as short
Bitget PIPPINUSDT−0.052%+0.0100%4h$1.6M$349K10xas long as short
BingX PIPPIN-USDTshort−0.052%+0.0598%4h—$1.3M—
Pacifica PIPPIN−0.042%+0.0079%1h$18K$9K3xas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate PIPPIN_USDTlong0.000%+0.0612%4h$1.8M$267K20x
SunX PIPPIN-USDT0.000%+0.0100%4h$1K$9.5M20xas long as short
BloFin PIPPIN-USDT+0.105%+0.0118%4h$256K$23K25xas long as short