PIPPIN funding rates and arbitrage
Updated 2026-11-12 00:21 UTC
Best PIPPIN arbitrage after every cost
No PIPPIN pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
PIPPIN funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Gate | PIPPIN_USDT | 0.1227% | 4 h | +268.7% | +48.8% | $493.6K | 2026-11-12 04:00 |
| KuCoin | PIPPINUSDTM | 0.0506% | 4 h | +110.8% | +46.2% | $922.4K | 2026-11-12 04:00 |
| Pacifica | PIPPIN | 0.0059% | 1 h | +51.5% | +4.6% | $9.4K | 2026-11-12 01:00 |
| Bitget | PIPPINUSDT | 0.0076% | 4 h | +16.6% | +14.3% | $1.1M | 2026-11-12 04:00 |
| MEXC | PIPPIN_USDT | 0.0050% | 4 h | +10.9% | +52.2% | $633.9K | 2026-11-12 04:00 |
| OKX | PIPPIN-USDT-SWAP | 0.0050% | 4 h | +10.9% | +29.5% | $975.5K | 2026-11-12 04:00 |
| BingX | PIPPIN-USDT | 0.0050% | 4 h | +10.9% | +67.1% | $539.5K | 2026-11-12 04:00 |
| Bybit | PIPPINUSDT | 0.0050% | 4 h | +10.9% | +29.4% | $2M | 2026-11-12 04:00 |
| Binance | PIPPINUSDT | 0.0050% | 4 h | +10.9% | +52.3% | $3.7M | 2026-11-12 04:00 |
| Aster | PIPPINUSDT | 0.0047% | 4 h | +10.2% | +53.2% | $44.8K | 2026-11-12 04:00 |
| BloFin | PIPPIN-USDT | 0.0043% | 4 h | +9.4% | +51.9% | $175.5K | 2026-11-12 04:00 |
| LBank | PIPPINUSDT | -0.0004% | 4 h | −0.9% | +6.9% | — | 2026-11-12 04:00 |
| Bitunix | PIPPINUSDT | -0.0080% | 4 h | −17.5% | +49.5% | — | 2026-11-12 04:00 |
Borrow PIPPIN to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 2.45% | $30K |
Cost to enter $10,000 of PIPPIN
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | PIPPIN_USDT | 12.4 bp | live order book |
| Bitunix | PIPPINUSDT | 14.3 bp * | live order book |
| LBank | PIPPINUSDT | 17.7 bp | live order book |
| BingX | PIPPIN-USDT | 18.9 bp | live order book |
| Binance | PIPPINUSDT | 21.7 bp | live order book |
| OKX | PIPPIN-USDT-SWAP | 26.1 bp | live order book |
| Bitget | PIPPINUSDT | 26.6 bp | live order book |
| Bybit | PIPPINUSDT | 34.9 bp | live order book |
| BloFin | PIPPIN-USDT | 10.0 bp | top of book only |
| Aster | PIPPINUSDT | 12.0 bp | top of book only |
| KuCoin | PIPPINUSDTM | 14.1 bp | top of book only |
| Gate | PIPPIN_USDT (spot) | book can't fill $10,000 | live order book |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on PIPPIN
Questions
Is PIPPIN funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no PIPPIN pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest PIPPIN funding rate?
Gate at +268.7% a year (0.1227% every 4 h); the lowest is Bitunix at −17.5%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.