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

PIPPIN

all PIPPIN markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.252%
7d averageif it closes, per $10,000$25funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX PIPPIN-USDT0.019040.0100pay 0.0050% / 4h3h 21m$34K$17K20x
ShortPacifica PIPPIN0.019090.0100get 0.0013% / 1h21m 52s$18K$8K3x

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
$25.21
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$5.21
Spread needed to break even
0.200%
Slippage unknown: HTX: no order-book sample; Pacifica: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 HTX no order-book sample
Sell Pacifica no order-book sample
HTX and 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 price on every exchange

against the cheapest. Click to use as the short leg.

PIPPIN on 13 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX PIPPIN-USDT-SWAP0.000%+0.0564%4h$1.6M$3.3M20xas long as short
HTX PIPPIN-USDTlong0.000%+0.0100%4h$34K$17K20x
Binance PIPPINUSDT+0.048%+0.0127%4h$5.4M$4.4M25xas long as short
MEXC PIPPIN_USDT+0.053%+0.0126%4h$2.7M$719K50xas long as short
Gate PIPPIN_USDT+0.158%+0.0100%4h$1.7M$194K20xas long as short
SunX PIPPIN-USDT+0.158%+0.0100%4h$2K$9.4M20xas long as short
BloFin PIPPIN-USDT+0.158%+0.0166%4h$259K$21K25xas long as short
Bybit PIPPINUSDT+0.210%+0.0100%4h$3.7M$1.2M13xas long as short
KuCoin PIPPINUSDTM+0.210%+0.0262%4h$2.2M$4.4M25xas long as short
BingX PIPPIN-USDT+0.210%+0.0544%4h$1.4Mas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Pacifica PIPPINshort+0.252%+0.0100%1h$18K$8K3x
Bitget PIPPINUSDT+0.263%+0.0100%4h$1.6M$373K10xas long as short
Aster PIPPINUSDT+0.420%+0.0294%4h$113K$28K5xas long as short