Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%
Price spread now: Bybit against Pacifica−0.016%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica PIPPIN | 0.01889 | 0.0100 | pay 0.0013% / 1h | 43m 35s | $18K | $9K | 3x |
| Short | Bybit PIPPINUSDT | 0.01889 | 0.0100 | get 0.0050% / 4h | 43m 35s | $3.6M | $1.4M | 13x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.03
- Price spread: −0.016% → 0.000%
- −$1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$20.55
- Costs to cover
- 0.190%
- Break-even
- 4289.1 days
Slippage unknown: Pacifica: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 5.30 bp | 27.0 bp −$27 | 206.2 bp −$2,062 | doesn't fit | doesn'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 on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PIPPINUSDT | +0.0100% | 4h | 0.01889 | +0.002% | $110K | $33K | 5x | as long as short |
| Pacifica PIPPINlong | +0.0100% | 1h | 0.01889 | long leg | $18K | $9K | 3x | |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01889 | +0.002% | $5.4M | $4.9M | 25x | as long as short |
| MEXC PIPPIN_USDT | +0.0100% | 4h | 0.01888 | −0.069% | $2.4M | $729K | 50x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01888 | −0.069% | $1K | $10.1M | 20x | as long as short |
| HTX PIPPIN-USDT | +0.0100% | 4h | 0.01879 | −0.545% | $34K | $14K | 20x | as long as short |
| Bybit PIPPINUSDTshort | +0.0100% | 4h | 0.01889 | −0.016% | $3.6M | $1.4M | 13x | |
| BloFin PIPPIN-USDT | +0.0129% | 4h | 0.01884 | −0.281% | $251K | $25K | 25x | as long as short |
| Gate PIPPIN_USDT | +0.0218% | 4h | 0.01886 | −0.175% | $1.8M | $306K | 20x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0223% | 4h | 0.01890 | +0.037% | $1.5M | $3.3M | 20x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PIPPINUSDTM | +0.0854% | 4h | 0.01888 | −0.069% | $2.1M | $5.0M | 25x | as long as short |
| Bitget PIPPINUSDT | +0.0896% | 4h | 0.01890 | +0.037% | $1.6M | $320K | 10x | as long as short |
| BingX PIPPIN-USDT | +0.1012% | 4h | 0.01889 | −0.016% | — | $1.3M | — | as long as short |
Pacifica PIPPIN
Bybit PIPPINUSDT
Aster PIPPINUSDT
Binance PIPPINUSDT
MEXC PIPPIN_USDT
SunX PIPPIN-USDT
HTX PIPPIN-USDT
BloFin PIPPIN-USDT
Gate PIPPIN_USDT
OKX PIPPIN-USDT-SWAP
KuCoin PIPPINUSDTM
Bitget PIPPINUSDT
BingX PIPPIN-USDT