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)+0.158%
7d averageif it closes, per $10,000$16funding while held, a day−$0.51
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PIPPIN0.019030.0100pay 0.0013% / 1h20m 45s$18K$8K3x
ShortBloFin PIPPIN-USDT0.019060.0083get 0.0041% / 4h2h 20m$258K$21K25x

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
$15.76
Funding while held
−$0.51
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$4.75
Spread needed to break even
0.200%
Slippage unknown: Pacifica: no order-book sample; BloFin: live order book, 12 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0017%
Per $10,000 a day
$0.51
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 Pacifica no order-book sample
Sell BloFin live order book, 12 min ago5.26 bp17.5 bp −$1886.6 bp −$866doesn't fitdoesn't fit
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
HTX PIPPIN-USDT−0.736%+0.0100%4h$34K$17K20xas long as short
Pacifica PIPPINlong0.000%+0.0100%1h$18K$8K3x
MEXC PIPPIN_USDT0.000%+0.0100%4h$2.7M$684K50xas long as short
Aster PIPPINUSDT+0.019%+0.0100%4h$111K$32K5xas long as short
Binance PIPPINUSDT+0.053%+0.0100%4h$5.4M$4.4M25xas long as short
OKX PIPPIN-USDT-SWAP+0.158%+0.0389%4h$1.6M$3.2M20xas long as short
Gate PIPPIN_USDT+0.158%+0.0318%4h$1.7M$238K20xas long as short
KuCoin PIPPINUSDTM+0.158%+0.0100%4h$2.2M$4.1M25xas long as short
Bitget PIPPINUSDT+0.158%+0.0100%4h$1.6M$345K10xas long as short
BingX PIPPIN-USDT+0.158%+0.0390%4h$1.3Mas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin PIPPIN-USDTshort+0.158%+0.0083%4h$258K$21K25x
Bybit PIPPINUSDT+0.210%+0.0351%4h$3.7M$1.2M13xas long as short
SunX PIPPIN-USDT+0.210%+0.0100%4h$225$9.4M20xas long as short