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−$445
spread now−0.525%7d average+0.011%fees + slippage, in and out−$391spread needed3.911%
Long on KuCoinShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PIPPINUSDTM0.019060.0630pay 0.0315% / 4h0m 45s$2.2M$4.5M25x
ShortBingX PIPPIN-USDT0.018960.0552get 0.0276% / 4h0m 45s—$1.4M—

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
−$52.47
Funding while held
−$2.34
Slippage, 4 orders
−$369.15
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$445.95
Spread needed to break even
3.911%
Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 6 min ago.

Cost of waiting

funding view
Funding /8h
−0.0078%
Per $10,000 a day
−$2.34
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 KuCoin live order book, 3 min ago5.24 bp226.1 bp −$226doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago2.64 bp19.6 bp −$20111.7 bp −$1,117405.8 bp −$40.6Kdoesn't fit

PIPPIN price on every exchange

against the cheapest. Click to use as the short leg.
HTX0.01889cheapest
BingX0.01896+0.371%
BloFin0.01901+0.635%Aster0.01902+0.709%Gate0.01904+0.794%Pacifica0.01905+0.847%MEXC0.01905+0.847%Binance0.01905+0.853%
KuCoin0.01906+0.900%
Bitget0.01907+0.953%Bybit0.01908+1.006%SunX0.01908+1.006%OKX0.01909+1.059%

PIPPIN on 13 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX PIPPIN-USDT−0.892%+0.0100%4h$34K$16K20xas long as short
BingX PIPPIN-USDTshort−0.525%+0.0552%4h—$1.4M—
BloFin PIPPIN-USDT−0.262%+0.0340%4h$257K$22K25xas long as short
Aster PIPPINUSDT−0.189%+0.0456%4h$118K$24K5xas long as short
Gate PIPPIN_USDT−0.105%+0.0550%4h$1.7M$184K20xas long as short
Pacifica PIPPIN−0.052%+0.0100%1h$18K$8K3xas long as short
MEXC PIPPIN_USDT−0.052%+0.0364%4h$2.5M$681K50xas long as short
Binance PIPPINUSDT−0.046%+0.0365%4h$5.3M$4.2M25xas long as short
KuCoin PIPPINUSDTMlong0.000%+0.0630%4h$2.2M$4.5M25x
Bitget PIPPINUSDT+0.052%+0.0100%4h$1.6M$358K10xas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit PIPPINUSDT+0.105%+0.0269%4h$3.6M$1.1M13xas long as short
SunX PIPPIN-USDT+0.105%+0.0100%4h$2K$9.1M20xas long as short
OKX PIPPIN-USDT-SWAP+0.157%+0.0563%4h$1.6M$3.1M20xas long as short