PIPPIN Funding Rate (pippin)

Compare pippin perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

pippin current price: $0.01721

Rate MatrixHeatmapCumulative Fees

PIPPIN Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0304%+66.59%4h04:00 UTC$5.9M
2Bybit+0.0071%+15.46%4h04:00 UTC$3.7M
3KuCoin+0.0050%+10.95%4h04:00 UTC$2.8M
4Bitget+0.0203%+44.46%4h$1.7M
5MEXC+0.0313%$1.6M
6Gate+0.0163%+35.70%4h04:00 UTC$0.5M
7CoinEx+0.0553%+60.50%8h16:00 UTC$0.2M
8Aster+0.0174%+152.79%1h01:00 UTC$0.1M
9HTXhighest+0.0569%+124.61%4h04:00 UTC
10BingX+0.0291%04:00 UTC
11Bitunix+0.0084%+18.37%4h04:00 UTC
12LBank+0.0297%04:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0256%
OI-Weighted Rate
+0.0198%
Volume-Weighted Rate
+0.0242%

PIPPIN Funding Rate History

PIPPIN Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0000%+0.2825%+1.9216%+8.0697%
OKX+0.0000%+0.0000%+0.2834%+0.2834%
Bitget+0.0000%+0.0000%+0.2781%+0.2781%
Bybit+0.0000%+0.0000%+0.1446%+0.1446%
Gate+0.0000%+0.0000%+0.0711%+0.0711%

About pippin Funding Rate

What is the PIPPIN funding rate?

The PIPPIN funding rate is a periodic payment between long and short traders on pippin perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged PIPPIN perpetual position.

What does a positive or negative PIPPIN funding rate mean?

A persistently positive PIPPIN funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current PIPPIN funding rate?

As of now, the PIPPIN funding rate averages 0.0256% across 12 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest PIPPIN funding rate?

Right now htx shows the highest (or most extreme) PIPPIN funding rate among tracked exchanges, at 0.0569%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.