24h volume$169,869,044,389+96.24%Open interest$131,090,081,463+1.19%Liquidations 24h$151,208,239Longs/Shorts 24h49.64%/50.36%US 30Y5.293%−0.022US debt$40.44T+$30.7B
trifolio

← Arbitrage & Funding

PIPPIN Funding Rates

7 exchanges · updated 26 Oct, 18:26 UTC

PIPPIN perpetual funding on 7 exchanges, a year (APR): positive means longs pay shorts.

Highest now23.2%OKXLowest now−33.9%BitgetOpen interest$12.6M24h volume$5.3M
Best pair over 7 days
Long OKX · Short BingX · 48.6% a year, 38.2% after fees
Open in Arbitrage
Funding by exchange· highest first
ExchangeNow24h7 daysPayoutPriceOpen interest24h volume
OKXCEX 23.2%+0.0106% / 4h 21.2% 7 days19.7%paid 100% of hours every 4hnext 20:00 UTC 0.015535 $1.1M $667K Trade
BingXCEX 19.7%+0.0090% / 4h 60.2% 7 days68.3%paid 100% of hours every 4hnext 20:00 UTC 0.015525 $1.1M $1.3M Trade
BybitCEX 15.3%+0.0070% / 4h 47.6% 7 days31.3%paid 100% of hours every 4hnext 20:00 UTC 0.015545 $2.6M $657K Trade
MEXCCEX 11.6%+0.0053% / 4h 14.0% 7 days29.3%paid 96% of hours every 4hnext 20:00 UTC 0.015515 $915K $154K Trade
BinanceCEX 11.0%+0.0050% / 4h 13.9% 7 days25.6%paid 98% of hours every 4hnext 20:00 UTC 0.015515 $4.7M $2.0M Trade
KuCoinCEX 11.0%+0.0050% / 4h −7.2% 7 days21.9%paid 90% of hours every 4hnext 20:00 UTC 0.01552 $975K $473K Trade
BitgetCEX −33.9%−0.0155% / 4h −0.7% 7 days28.1%paid 80% of hours every 4hnext 20:00 UTC 0.01552 $1.3M $145K Trade
Best pairs· after taker fees in and out over a 7-day hold
Pair7 daysAfter feesPrice spreadLiquidity
LongOKXShortBingX
CEX ↔ CEX · thin market
48.6% 38.2%fees 0.20% Price spread−0.13%usual −0.036% $1.1M Open
LongKuCoinShortBingX
CEX ↔ CEX · thin market
46.4% 34.9%fees 0.22% Price spread−0.064%usual +0.094% $975K Open
LongMEXCShortBingX
CEX ↔ CEX · thin market
39.0% 33.8%fees 0.10% Price spread0.000%usual +0.070% $915K Open
LongBinanceShortBingX
CEX ↔ CEX · thin market
42.7% 32.3%fees 0.20% Price spread0.000%usual +0.071% $1.1M Open
LongBitgetShortBingX
CEX ↔ CEX · thin market
40.2% 28.7%fees 0.22% Price spread−0.064%usual +0.041% $1.1M Open
LongBybitShortBingX
CEX ↔ CEX · thin market
36.9% 26.0%fees 0.21% Price spread−0.19%usual −0.092% $1.1M Open
LongOKXShortMEXC
CEX ↔ CEX · thin market
9.6% 4.4%fees 0.10% Price spread−0.19%usual −0.11% $915K Open
LongKuCoinShortMEXC
CEX ↔ CEX · thin market
7.4% 1.1%fees 0.12% Price spread−0.13%usual +0.028% $915K Open
LongOKXShortBybit
CEX ↔ CEX · thin market
11.6% 0.7%fees 0.21% Price spread0.000%usual +0.058% $1.1M Open
LongBinanceShortMEXC
CEX ↔ CEX · thin market
3.7% −1.5%fees 0.10% Price spread−0.064%usual 0.000% $915K Open
Other coins

Funding from each exchange’s API, refreshed every minute; averages from our hourly records. Links to exchanges are referral links. This is information, not financial advice.