Funding Rate (PIPPIN)
Compare perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute
current price: $0.01999
PIPPIN Funding Rate by Exchange
Next settlement --:--:--| # | Exchange | Funding Rate | APR | Settlement Interval | Next Settlement | Open Interest |
|---|---|---|---|---|---|---|
| 1 | Binance | +0.0051% | +11.10% | 4h | 12:00 UTC | $5.7M |
| 2 | Bybit | +0.0050% | +10.95% | 4h | 12:00 UTC | $3.4M |
| 3 | KuCoin | +0.0131% | +28.69% | 4h | 12:00 UTC | $3.1M |
| 4 | MEXC | +0.0050% | — | — | — | $2.0M |
| 5 | Gate | +0.0050% | +10.95% | 4h | 12:00 UTC | $1.7M |
| 6 | Bitget | +0.0063% | +13.80% | 4h | — | $1.7M |
| 7 | Aster | +0.0013% | +10.95% | 1h | 10:00 UTC | $0.1M |
| 8 | CoinExhighest | +0.0296% | +32.44% | 8h | 00:00 UTC | $0.1M |
| 9 | HTX | +0.0064% | +14.02% | 4h | 12:00 UTC | — |
| 10 | BingX | +0.0050% | — | — | 12:00 UTC | — |
| 11 | Bitunix | +0.0104% | +22.81% | 4h | 12:00 UTC | — |
| 12 | LBank | +0.0050% | — | — | 12:00 UTC | — |
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0081%
OI-Weighted Rate
+0.0067%
Volume-Weighted Rate
+0.0071%
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.
| Exchange | 1D | 7D | 30D | 90D |
|---|---|---|---|---|
| Binance | +0.0000% | +0.4062% | +2.0575% | +5.9467% |
| Bybit | +0.0000% | +0.0000% | +0.0000% | +0.1446% |
| OKX | +0.0000% | +0.0000% | +0.0000% | +0.2834% |
| Bitget | +0.0000% | +0.0000% | +0.0000% | +0.2781% |
| Gate | +0.0000% | +0.0000% | +0.0000% | +0.0711% |
About Funding Rate
What is the PIPPIN funding rate?
The PIPPIN funding rate is a periodic payment between long and short traders on 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 0.0081% 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 coinex shows the highest (or most extreme) PIPPIN funding rate among tracked exchanges, at 0.0296%. 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.
More Coin Funding Rates
View full funding rate matrix ›BTCETHSOLXRPBNBDOGEHYPEZECOKBSKLADALINKAVAXXLMBCHUNIAAVESUINEARARBENAWLDBLURYFIHOTKAITOTRXXMRCCGRAMLTCHBARXAUTTAOWLFIPAXGASTERDEXEONDODOTSKYMORPHOICPETCPIJSTBEATPOLATOMRENDER
View full funding rate matrix › (+238)
KASALGOJUPLITFILPUMPAPTVVVNIGHTAEROINJCAKEDASHVIRTUALVETPENGUPYTHTRUMPETHFITIAFETSPXSEIZROCRVJTOKITEMONPENDLEXTZLDOGRASSXPLCFXOPJASMYSYRUPSTRKGRTUBIOTACHZVELVETAXSFFEIGENENSCOMPAPEWIFFARTCOINTHETAMANAHRUNERIFSANDSNXARAWEAGWEIGENIUSIMXDYDXZKGALASENT1INCHALLOUAIBILLATHUSELESSEGLDMETQSAFELPTRSRBANANAS31ARCZENARKMZAMAORDIRIVERSYNRAVEBASCHIPRVNPLUMEKSMIOWBIOHOMEBERALINEASOONTURBOCOAIENJMEGAHOLOBABYAPRREDDUSKMOVEGPSROSEPOPCATTRBPNUTBARD0GALTCELOMOODENGESPJCTNOTNESRPLARXMEZEREBROSKYAIMEMEATSAHARAFOGOVANABSBZESTPRLROBOBOMEPEOPLEIRYSMANTAGIGGLECLOSTGMERLIOTXOPGTRIABASEDCOLLECTHYPERFRAXBLUAIMETISDOGSAIXBTTACSAPIENBREVBIRBEDENMOVRTAIKOINSPELLWETUSUALENSOXAISCRTMIRAAGLDBANANACTRHMSTRALICEEPICKATOGNLAHEIGUNRARERESOLVTSTMAVTUTTRUSTBELTHEFIGHTZILAXLFLUIDASTRCFGSTABLEKMNOBRETTMINAPIEVERSENEOSUNANKRCHRELSAUMAC98PORTALTREESTARTRADOORCYBEREDUCORE4OGBANDMASKZKCICNTSUSHIARKGMTSIGNFIDADRIFTPOWRPHASTONILZORAINX龙虾币安人生我踏马来了