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PIPPIN perpetuals

Compare funding costs for one asset across venues.

Data as of 2026-10-21 21:09 UTC

PIPPIN is quoted on 6 contracts. The highest funding rate is on Binance at +26.54% annualised, quoted per 4h, and the lowest is on Bitget at -13.14% — a gap of 39.68 points. Every contract here quotes its rate per 4h.

Highest rate now
+26.54%
Binance · 4h
Lowest rate now
-13.14%
Bitget · 4h
Spread
39.68
points
Highest 30d realised APR
+56.04%
Bitget

By venue

Venue Rate Annualised 30d realised APR Max leverage 24h turnover Actions
BinanceCentralisedPIPPINUSDT +0.0121%4h +26.54% +37.84%
Annualised · +37.84% · range -24.8% … +225.7% · 136 settlements
25x 1.8M
OKXCentralisedPIPPIN-USDT-SWAP +0.0083%4h +18.13% +23.79%
Annualised · +23.79% · range +11.0% … +97.2% · 165 settlements
20x 737.5K
AsterOn-chainPIPPINUSDT +0.0050%4h +10.95% —
no history yet
5x 11.4K
BybitCentralisedPIPPINUSDT +0.0050%4h +10.95% +30.37%
Annualised · +30.37% · range +11.0% … +136.3% · 147 settlements
13x 266.3K
GateCentralisedPIPPIN_USDT +0.0050%4h +10.95% —
no history yet
20x 29.9K
BitgetCentralisedPIPPINUSDT -0.0060%4h -13.14% +56.04%
Annualised · +56.04% · range -195.3% … +557.4% · 136 settlements
10x 145.9K

Common questions

Which exchanges list PIPPIN perpetual futures?

PIPPIN trades as 6 perpetual contracts across 6 venues: Aster, Binance, Bitget, Bybit, Gate and OKX. The busiest is Binance, with $1.8M of 24h turnover — 60% of the total.

Where is PIPPIN funding cheapest right now?

For a long, the most favourable collected rate is -13.14% annualised on Bitget; for a short, it is +26.54% on Binance — a gap of 39.68 points. Venues disagree on direction: a long is paid on Bitget but pays on Binance.

How much funding does a 10,000 USDT PIPPIN position pay per day?

At current rates a 10,000 USDT long pays about +7.27 USDT a day on Binance and -3.60 USDT on Bitget. Over the past 30 days Binance actually settled an average of +10.37 USDT a day on the same position. A negative figure means the long is paid.

How often does PIPPIN funding settle?

Every venue collected here settles PIPPIN funding every 4h, 6 times a day.

What has PIPPIN funding actually paid over the past 30 days?

The highest realised figure was on Bitget: +56.04% annualised across 136 settlements, 10% of them negative. The lowest was OKX, at +23.79%. 4 of the 6 contracts have at least a week of settled history to measure.

What is the highest leverage available on PIPPIN?

The highest collected cap is 25x, on Binance. On Binance it applies up to 5K USDT of notional; above that the cap drops to 20x.

Further readingCross-venue funding spreads: from gross rates to net P&LHow funding fees work: amounts, signs and settlementHow liquidation price is calculated: tiered maintenance margin and deductions

PIPPIN comparison scope and payment direction

This page retains low-turnover PIPPIN contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. Annualisation method · Official sources.

Rates and chart methodology

Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.

Trading link disclosure

Affiliate disclosure: We may earn a commission if you register and trade through some links. Partnerships do not influence the data displayed or rankings.

Margin ladders

Binance · PIPPINUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 2.0000% 25.00x —
2 5000 – 10000 quote 2.5000% 20.00x 25
3 10000 – 20000 quote 5.0000% 10.00x 275
4 20000 – 50000 quote 10.0000% 5.00x 1275
5 50000 – 100000 quote 12.5000% 4.00x 2525
6 100000 – 250000 quote 16.6700% 3.00x 6695
7 250000 – 2500000 quote 25.0000% 2.00x 27520
8 2500000 – 5000000 quote 50.0000% 1.00x 652520

OKX · PIPPIN-USDT-SWAP No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 620000 base 2.0000% 20.00x —
2 620010 – 1200000 base 3.0000% 15.00x —
3 1200010 – 1800000 base 4.0000% 12.50x —
4 1800010 – 2480000 base 4.5000% 11.76x —
5 2480010 – 3100000 base 5.0000% 11.11x —
6 3100010 – 3720000 base 5.5000% 10.52x —
7 3720010 – 4340000 base 6.0000% 10.00x —
8 4340010 – 4960000 base 6.5000% 9.52x —
9 4960010 – 5580000 base 7.0000% 9.09x —
10 5580010 – 6200000 base 7.5000% 8.69x —
11 6200010 – 6820000 base 8.0000% 8.33x —
12 6820010 – 7440000 base 8.5000% 8.00x —
13 7440010 – 8060000 base 9.0000% 7.69x —
14 8060010 – 8680000 base 9.5000% 7.40x —
15 8680010 – 9300000 base 10.0000% 7.14x —
16 9300010 – 9920000 base 10.5000% 6.89x —
17 9920010 – 10540000 base 11.0000% 6.66x —
18 10540010 – 11160000 base 11.5000% 6.45x —
19 11160010 – 11780000 base 12.0000% 6.25x —
20 11780010 – 12400000 base 12.5000% 6.06x —
21 12400010 – 13020000 base 13.0000% 5.88x —
22 13020010 – 13640000 base 13.5000% 5.71x —
23 13640010 – 14260000 base 14.0000% 5.55x —
24 14260010 – 14880000 base 14.5000% 5.40x —
25 14880010 – 15500000 base 15.0000% 5.26x —
26 15500010 – 16120000 base 15.5000% 5.12x —
27 16120010 – 16740000 base 16.0000% 5.00x —
28 16740010 – 17360000 base 16.5000% 4.87x —
29 17360010 – 17980000 base 17.0000% 4.76x —
30 17980010 – 18600000 base 17.5000% 4.65x —
31 18600010 – 19220000 base 18.0000% 4.54x —
32 19220010 – 19840000 base 18.5000% 4.44x —
33 19840010 – 20460000 base 19.0000% 4.34x —
34 20460010 – 21080000 base 19.5000% 4.25x —
35 21080010 – 21700000 base 20.0000% 4.16x —
36 21700010 – 22320000 base 20.5000% 4.08x —
37 22320010 – 22940000 base 21.0000% 4.00x —
38 22940010 – 23560000 base 21.5000% 3.92x —
39 23560010 – 24180000 base 22.0000% 3.84x —
40 24180010 – 24800000 base 22.5000% 3.77x —
41 24800010 – 25420000 base 23.0000% 3.70x —
42 25420010 – 26040000 base 23.5000% 3.63x —
43 26040010 – 26660000 base 24.0000% 3.57x —
44 26660010 – 27280000 base 24.5000% 3.50x —
45 27280010 – 27900000 base 25.0000% 3.44x —
46 27900010 – 28520000 base 25.5000% 3.38x —
47 28520010 – 29140000 base 26.0000% 3.33x —
48 29140010 – 29760000 base 26.5000% 3.27x —
49 29760010 – 30380000 base 27.0000% 3.22x —
50 30380010 – 31000000 base 27.5000% 3.17x —
51 31000010 – 31620000 base 28.0000% 3.12x —
52 31620010 – 32240000 base 28.5000% 3.07x —
53 32240010 – 32860000 base 29.0000% 3.03x —
54 32860010 – 33480000 base 29.5000% 2.98x —
55 33480010 – 34100000 base 30.0000% 2.94x —
56 34100010 – 34720000 base 30.5000% 2.89x —
57 34720010 – 35340000 base 31.0000% 2.85x —
58 35340010 – 35960000 base 31.5000% 2.81x —
59 35960010 – 36580000 base 32.0000% 2.77x —
60 36580010 – 37200000 base 32.5000% 2.73x —
61 37200010 – 37820000 base 33.0000% 2.70x —
62 37820010 – 38440000 base 33.5000% 2.66x —
63 38440010 – 39060000 base 34.0000% 2.63x —
64 39060010 – 39680000 base 34.5000% 2.59x —
65 39680010 – 40300000 base 35.0000% 2.56x —
66 40300010 – 40920000 base 35.5000% 2.53x —
67 40920010 – 41540000 base 36.0000% 2.50x —
68 41540010 – 42160000 base 36.5000% 2.46x —
69 42160010 – 42780000 base 37.0000% 2.43x —
70 42780010 – 43400000 base 37.5000% 2.40x —
71 43400010 – 44020000 base 38.0000% 2.38x —
72 44020010 – 44640000 base 38.5000% 2.35x —
73 44640010 – 45260000 base 39.0000% 2.32x —
74 45260010 – 45880000 base 39.5000% 2.29x —
75 45880010 – 46500000 base 40.0000% 2.27x —
76 46500010 – 47120000 base 40.5000% 2.24x —
77 47120010 – 47740000 base 41.0000% 2.22x —
78 47740010 – 48360000 base 41.5000% 2.19x —
79 48360010 – 48980000 base 42.0000% 2.17x —
80 48980010 – 49600000 base 42.5000% 2.15x —
81 49600010 – 50220000 base 43.0000% 2.12x —
82 50220010 – 50840000 base 43.5000% 2.10x —
83 50840010 – 51460000 base 44.0000% 2.08x —
84 51460010 – 52080000 base 44.5000% 2.06x —
85 52080010 – 52700000 base 45.0000% 2.04x —
86 52700010 – 53320000 base 45.5000% 2.02x —
87 53320010 – 53940000 base 46.0000% 2.00x —

Aster · PIPPINUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 500000 quote 10.0000% 5.00x —
2 500000 – 1000000 quote 12.5000% 4.00x 12500
3 1000000 – 2500000 quote 16.6700% 3.00x 54200
4 2500000 – 5000000 quote 25.0000% 2.00x 262450
5 5000000 – 1000000000 quote 50.0000% 1.00x 1512450

Bybit · PIPPINUSDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 15000 quote 4.0000% 12.50x —
2 15000 – 25000 quote 5.0000% 10.00x 150
3 25000 – 37500 quote 6.0000% 8.33x 400
4 37500 – 50000 quote 7.0000% 7.14x 775
5 50000 – 62500 quote 8.0000% 6.25x 1275
6 62500 – 75000 quote 9.0000% 5.56x 1900
7 75000 – 87500 quote 10.0000% 5.00x 2650
8 87500 – 100000 quote 11.0000% 4.55x 3525
9 100000 – 112500 quote 12.0000% 4.17x 4525
10 112500 – 125000 quote 13.0000% 3.85x 5650
11 125000 – 137500 quote 14.0000% 3.57x 6900
12 137500 – 150000 quote 15.0000% 3.33x 8275
13 150000 – 162500 quote 16.0000% 3.13x 9775
14 162500 – 175000 quote 17.0000% 2.94x 11400
15 175000 – 187500 quote 18.0000% 2.78x 13150
16 187500 – 425000 quote 20.0000% 2.50x 16900
17 425000 – 475000 quote 22.0000% 2.27x 25400
18 475000 – 525000 quote 24.0000% 2.08x 34900
19 525000 – 575000 quote 26.0000% 1.92x 45400
20 575000 – 625000 quote 28.0000% 1.79x 56900
21 625000 – 675000 quote 30.0000% 1.67x 69400
22 675000 – 725000 quote 32.0000% 1.56x 82900
23 725000 – 775000 quote 34.0000% 1.47x 97400
24 775000 – 825000 quote 36.0000% 1.39x 112900
25 825000 – 875000 quote 38.0000% 1.32x 129400
26 875000 – 925000 quote 40.0000% 1.25x 146900
27 925000 – 975000 quote 42.0000% 1.19x 165400
28 975000 – 1025000 quote 44.0000% 1.14x 184900
29 1025000 – 1075000 quote 46.0000% 1.09x 205400
30 1075000 – ∞ quote 60.0000% 1.00x 355900

Gate · PIPPIN_USDT With deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 4.0000% 20.00x —
2 5000 – 7000 quote 5.0000% 15.00x 50
3 7000 – 10000 quote 6.5000% 12.00x 155
4 10000 – 15000 quote 8.0000% 10.00x 305
5 15000 – 20000 quote 9.0000% 9.00x 455
6 20000 – 30000 quote 10.0000% 8.00x 655
7 30000 – 50000 quote 12.0000% 7.00x 1255
8 50000 – 70000 quote 14.0000% 6.00x 2255
9 70000 – 100000 quote 16.0000% 5.00x 3655
10 100000 – 150000 quote 20.0000% 4.00x 7655
11 150000 – 200000 quote 24.0000% 3.50x 13655
12 200000 – 300000 quote 28.0000% 3.00x 21655
13 300000 – 500000 quote 35.0000% 2.50x 42655
14 500000 – 700000 quote 45.0000% 2.00x 92655
15 700000 – 1000000 quote 60.0000% 1.50x 197655
16 1000000 – 1500000 quote 78.0000% 1.20x 377655
17 1500000 – ∞ quote 90.0000% 1.05x 557655

Bitget · PIPPINUSDT No deduction

Tier Range Maintenance rate Max leverage Deduction
1 0 – 5000 quote 3.0000% 10.00x —
2 5000 – 25000 quote 5.0000% 8.00x —
3 25000 – 100000 quote 7.0000% 6.00x —
4 100000 – 200000 quote 10.0000% 5.00x —
5 200000 – 500000 quote 12.5000% 4.00x —
6 500000 – 1000000 quote 30.0000% 2.00x —
7 1000000 – ∞ quote 60.0000% 1.00x —