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−$702
spread now+0.052%7d average−0.059%fees + slippage, in and out−$713spread needed7.131%
Long on KuCoinShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PIPPINUSDTM0.019320.0986pay 0.0493% / 4h54m 33s$2.2M$4.4M25x
ShortGate PIPPIN_USDT0.019330.0694get 0.0347% / 4h54m 33s$1.7M$161K20x

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
$5.18
Funding while held
−$8.76
Slippage, 4 orders
−$686.08
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$716.66
Spread needed to break even
7.131%
Slippage from KuCoin: live order book, 10 min ago; Gate: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
−0.0292%
Per $10,000 a day
−$8.76
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, 10 min ago2.61 bp254.0 bp −$254doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago2.59 bp319.3 bp −$319doesn't fitdoesn't fitdoesn't fit

PIPPIN price on every exchange

against the cheapest. Click to use as the short leg.
HTX0.01921cheapestMEXC0.01929+0.416%Pacifica0.01930+0.469%Binance0.01931+0.507%Bitget0.01931+0.521%
KuCoin0.01932+0.573%
Gate0.01933+0.625%
BloFin0.01933+0.625%OKX0.01934+0.677%BingX0.01934+0.677%Aster0.01935+0.708%Bybit0.01935+0.729%SunX0.01938+0.885%

PIPPIN on 13 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX PIPPIN-USDT−0.569%+0.0100%4h$35K$16K20xas long as short
MEXC PIPPIN_USDT−0.155%+0.0630%4h$2.6M$644K50xas long as short
Pacifica PIPPIN−0.104%+0.0100%1h$19K$7K3xas long as short
Binance PIPPINUSDT−0.065%+0.0632%4h$5.4M$3.9M25xas long as short
Bitget PIPPINUSDT−0.052%+0.0478%4h$1.6M$326K10xas long as short
KuCoin PIPPINUSDTMlong0.000%+0.0986%4h$2.2M$4.4M25x
Gate PIPPIN_USDTshort+0.052%+0.0694%4h$1.7M$161K20x
BloFin PIPPIN-USDT+0.052%+0.0596%4h$255K$22K25xas long as short
OKX PIPPIN-USDT-SWAP+0.104%+0.0590%4h$1.6M$3.0M20xas long as short
BingX PIPPIN-USDT+0.104%+0.0560%4h—$1.4M—as long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster PIPPINUSDT+0.134%+0.0762%4h$113K$14K5xas long as short
Bybit PIPPINUSDT+0.155%+0.0474%4h$3.7M$1.0M13xas long as short
SunX PIPPIN-USDT+0.311%+0.0100%4h$2K$8.4M20xas long as short