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)−0.042%
7d averageif it closes, per $10,000$4funding while held, a day−$0.64
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PIPPIN-USDT0.019070.0100pay 0.0050% / 4h1h 40m$1K$9.5M20x
ShortPacifica PIPPIN0.019060.0079get 0.0010% / 1h40m 21s$18K$9K3x

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
−$4.2
Funding while held
−$0.64
Slippage, 4 orders
no order book: not counted
Fee SunX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$22.84
Spread needed to break even
0.180%
Slippage unknown: SunX: live order book, 5 min ago; Pacifica: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0021%
Per $10,000 a day
$0.64
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 SunX live order book, 5 min ago20.99 bp65.2 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Pacifica no order-book sample
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−0.629%+0.0100%4h$34K$17K20xas long as short
MEXC PIPPIN_USDT−0.105%+0.0100%4h$2.6M$715K50xas long as short
BingX PIPPIN-USDT−0.105%+0.0598%4h$1.3Mas long as short
Binance PIPPINUSDT−0.102%+0.0100%4h$5.4M$4.5M25xas long as short
Aster PIPPINUSDT−0.062%+0.0100%4h$111K$32K5xas long as short
OKX PIPPIN-USDT-SWAP−0.052%+0.0438%4h$1.6M$3.3M20xas long as short
Pacifica PIPPINshort−0.042%+0.0079%1h$18K$9K3x
Bybit PIPPINUSDT0.000%+0.0630%4h$3.7M$1.3M13xas long as short
Gate PIPPIN_USDT0.000%+0.0612%4h$1.8M$267K20xas long as short
KuCoin PIPPINUSDTM0.000%+0.0100%4h$2.2M$4.0M25xas long as short
Show all 13 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget PIPPINUSDT0.000%+0.0100%4h$1.6M$349K10xas long as short
SunX PIPPIN-USDTlong0.000%+0.0100%4h$1K$9.5M20x
BloFin PIPPIN-USDT+0.105%+0.0118%4h$256K$23K25xas long as short