Settings8H · net · $10k
Funding arb · Price arb /

PIPPIN

all PIPPIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Pacifica+0.052%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.052% dearer against Pacifica than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PIPPIN0.019060.0100pay 0.0013% / 1h30m 30s$18K$9K3x
ShortOKX PIPPIN-USDT-SWAP0.019070.0100get 0.0050% / 4h3h 30m$1.6M$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.052% → 0.000%
$5.25
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$12.75
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; OKX: live order book, 2 min ago. Net counts fees only.

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 OKX live order book, 2 min ago2.62 bp19.2 bp −$19128.0 bp −$1,280doesn'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 on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PIPPIN-USDT+0.0056%4h0.01908+0.105%$251K$27K25xas long as short
Aster PIPPINUSDT+0.0100%4h0.01906−0.007%$111K$33K5xas long as short
Pacifica PIPPINlong+0.0100%1h0.01906long leg$18K$9K3x
Binance PIPPINUSDT+0.0100%4h0.01905−0.052%$5.4M$4.6M25xas long as short
Bybit PIPPINUSDT+0.0100%4h0.01909+0.157%$3.7M$1.4M13xas long as short
OKX PIPPIN-USDT-SWAPshort+0.0100%4h0.01907+0.052%$1.6M$3.2M20x
MEXC PIPPIN_USDT+0.0100%4h0.019060.000%$2.4M$759K50xas long as short
SunX PIPPIN-USDT+0.0100%4h0.01908+0.105%$2K$9.9M20xas long as short
HTX PIPPIN-USDT+0.0100%4h0.01893−0.682%$34K$15K20xas long as short
Gate PIPPIN_USDT+0.0638%4h0.01905−0.052%$1.8M$302K20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIPPIN-USDT+0.1312%4h0.01901−0.262%$1.3Mas long as short
KuCoin PIPPINUSDTM+0.1434%4h0.01908+0.105%$2.1M$4.1M25xas long as short
Bitget PIPPINUSDT+0.1440%4h0.01907+0.052%$1.6M$329K10xas long as short