Log in

PIPPIN arbitrage

PIPPIN on 11 exchanges spot and 15 in futures: live routes, past spreads and how long they last.

Prices at · open routes a minute older; real time in the scanners on paid plans · How we count

Price
$0.015791
24h volume
$4.3M
Exchanges
19
11 spot · 15 futures
Routes now
1
0 take · 1 risky
Gaps in 7 days
444
295 over a minute

PIPPIN right now

PIPPIN is cheapest on HTX ($0.015385) and dearest on MEXC ($0.015802): 2.71% apart across 9 exchanges with a liquid spot market, before fees.

1 route in profit after fees is worth a look ("take" or "risky"); the best: HTX → MEXC, 2.09%.

Over 7 days a spread in profit opened 444 times, and 295 of them lasted a minute or longer; one usually closed within 4 min 32 s.

Funding per 8 hours runs from 0.0100% on Bybit to 0.2054% on Bitget, across 8 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).

PIPPIN arbitrage opportunities now

Spot → spot, with a transfer

RouteSpreadSize at best priceTransferVerdict
HTX → LBank2.254%$0.92Deposit status on LBank is unknownAvoid
HTX → BingX2.176%$0.92BingX does not publish network statusAvoid
HTX → WEEX1.714%$0.92WEEX does not publish network statusAvoid
HTX → MEXC+1 more pair2.304%$0.92pippin, fee 64.94 PIPPIN, ~1 minAvoid
HTX → Toobit2.089%$0.92pippin, fee 64.94 PIPPIN, ~1 minAvoid
HTX → XT2.004%$0.92pippin, fee 64.94 PIPPIN, ~1 minAvoid
HTX → Gate2.115%—pippin, fee 64.94 PIPPIN, ~1 minAvoid
HTX → Bitrue1.976%—pippin, fee 64.94 PIPPIN, ~1 minAvoid

Spot and futures, no transfer

LongShortSpreadSize at best priceVerdict
HTX spotMEXC2.094%$28Risky
HTX spotBingX2.099%$0.92Avoid
HTX spotBybit2.144%$0.92Avoid
HTX spotOKX2.099%$0.92Avoid
HTX spotToobit2.034%$0.92Avoid
HTX spotBinance2.034%$0.92Avoid
HTX spotBitget1.949%$0.92Avoid
HTX spotKuCoin1.949%$0.92Avoid
HTX spotWEEX1.909%$0.92Avoid

PIPPIN arbitrage strategy

No PIPPIN route worth taking with an open transfer right now. Gaps of a minute or longer open several times a week, though — here is how to catch the next one:

  1. Watch LBank → Gate: the spread opened there 21 times in 7 days, 19 of them for a minute or longer; it usually lasts 2 min 30 s.
  2. The transfer is ready: PIPPIN moves from LBank to Gate on SOL, withdrawal fee 63.4 PIPPIN. Keep USDT on LBank and PIPPIN on Gate so you do not wait for it.
  3. Set an alert on the route: you hear when the spread pays after fees. Then buy on LBank and sell on Gate.

The route and its alert →

PIPPIN price on every exchange

Refreshed every 10 seconds. The best buy and sell prices are highlighted.

Spot · 11

ExchangeBidAskBook spread24h volume
LBankPIPPIN/USDT0.0157830.0158180.22%$351.8K
BitruePIPPIN/USDT0.0157400.0158600.76%$311.5K
GatePIPPIN/USDT0.0157830.0158020.12%$117.5K
ToobitPIPPIN/USDT0.0157800.0158020.14%$95.3K
XTPIPPIN/USDT0.0157600.0158100.32%$88.1K
WEEXPIPPIN/USDT0.0157000.0158400.89%$80.3K
MEXCPIPPIN/USDT0.0157830.0158170.22%$73K
MEXCPIPPIN/USDC0.0157400.0158300.57%$54.7K
BingXPIPPIN/USDT0.0157750.0158020.17%$54.5K
HTXPIPPIN/USDT0.0153800.0153900.06%$39.9K
CEX.IOPIPPIN/USDC0.0156610.0158020.90%$51
CEX.IOPIPPIN/USDT0.0156900.0158020.71%$19
CEX.IOPIPPIN/USD0.0156670.0157930.80%$15
PoloniexPIPPIN/USDT0.0141300.049740111.51%$0.61

Perpetual futures · 15

ExchangeBidAskBook spreadFunding24h volume
BingXPIPPIN/USDT0.0157900.0158000.06%0.0977%/4h$1.3M
OKXPIPPIN/USDT0.0158000.0158100.06%0.0157%/4h$537.5K
BybitPIPPIN/USDT0.0158000.0158100.06%0.0050%/4h$403.4K
ToobitPIPPIN/USDT0.0157800.0157900.06%0.0459%/4h$205K
KuCoinPIPPIN/USDT0.0157800.0157900.06%0.0252%/4h$186.1K
MEXCPIPPIN/USDT0.0157800.0157900.06%0.0259%/4h$165.8K
BitgetPIPPIN/USDT0.0157800.0157900.06%0.1027%/4h$123.6K
WEEXPIPPIN/USDT0.0157700.0157900.13%0.0259%/4h$57.7K
GatePIPPIN/USDT0.0157900.0158000.06%0.0050%/4h$29.8K
AsterPIPPIN/USDT0.0157700.0157900.13%0.0105%/4h$15.3K
XTPIPPIN/USDT0.0157800.0157900.06%0.0253%/4h$14.6K
BloFinPIPPIN/USDT0.0157800.0157900.06%0.0274%/4h$7,894

How often PIPPIN spreads open

Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.

MarketRouteOver a minuteGapsMedian lifetime
spot ↔ perpWEEX spot → MEXC perp646810 min 00 s
spot ↔ perpLBank spot → MEXC perp40472 min 54 s
spot → spotLBank spot → Gate spot19212 min 30 s
spot ↔ perpMEXC spot → Bybit perp17204 min 32 s
spot → spotWEEX spot → Bitrue spot16196 min 12 s
perp ↔ perpMEXC perp → Bybit perp15231 min 33 s
spot → spotWEEX spot → Gate spot121219 min 30 s
spot ↔ perpHTX spot → MEXC perp11147 min 56 s
spot ↔ perpMEXC spot → OKX perp10105 min 38 s
perp ↔ perpMEXC perp → OKX perp7276.0 s
spot → spotGate spot → HTX spot793 min 35 s
spot → spotBitrue spot → HTX spot673 min 35 s
spot → spotGate spot → WEEX spot662 min 57 s
spot ↔ perpMEXC spot → KuCoin perp562 min 33 s
spot ↔ perpBingX spot → MEXC perp5545 min 44 s
spot ↔ perpLBank spot → Bybit perp454 min 50 s
spot ↔ perpMEXC spot → MEXC perp454 min 03 s
spot ↔ perpLBank spot → BingX perp444 min 32 s
spot → spotMEXC spot → HTX spot361 min 54 s
spot → spotLBank spot → HTX spot352 min 30 s

Networks, deposits and withdrawals

Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.

NetworkExchangeDepositWithdrawWithdrawal fee
SOLBitgetclosedn/a0.003 PIPPIN
Bitrueopenopen65 PIPPIN
CEX.IOsolanaopenopen35 PIPPIN
DigiFinexclosedopen2 PIPPIN
Gateopenopen—
HitBTCopenopen639.5 PIPPIN
HTXpippinopenopen64.94 PIPPIN
LBanksolanan/aopen63.4 PIPPIN
MEXCopenopen97 PIPPIN
Phemexn/an/a—
Poloniexopenopen49.47 PIPPIN
Toobitopenopen23 PIPPIN
XTSolanaopenopen64 PIPPIN

Gaps of a minute or longer, last 7 days

When (UTC)MarketRouteSpreadLastedTransfer
Oct 24, 10:34 PMspot ↔ perpWEEX → MEXC0.270%12 min 27 s—
Oct 24, 09:38 PMspot ↔ perpWEEX → MEXC0.274%6 min 24 s—
Oct 24, 08:50 PMspot ↔ perpWEEX → MEXC0.209%10 min 00 s—
Oct 24, 06:07 PMspot ↔ perpWEEX → MEXC0.412%20 min 33 s—
Oct 24, 05:46 PMspot ↔ perpHTX → MEXC0.215%11 min 39 s—
Oct 24, 05:21 PMspot ↔ perpWEEX → MEXC0.151%7 min 36 s—
Oct 24, 05:12 PMspot ↔ perpHTX → MEXC0.345%20 min 03 s—
Oct 24, 04:50 PMspot ↔ perpHTX → MEXC0.280%13 min 51 s—
Oct 24, 04:49 PMperp ↔ perpMEXC → Bybit0.102%1 min 30 s—
Oct 24, 04:47 PMspot ↔ perpLBank → MEXC0.218%2 min 54 s—
Oct 24, 04:10 PMspot → spotLBank → Gate0.134%2 min 03 ssolana
Oct 24, 04:10 PMspot ↔ perpLBank → MEXC0.218%2 min 39 s—
Oct 24, 04:01 PMperp ↔ perpMEXC → Bybit0.169%1 min 21 s—
Oct 24, 04:01 PMperp ↔ perpMEXC → OKX0.123%1 min 27 s—
Oct 24, 04:00 PMperp ↔ perpKuCoin → Bybit0.156%1 min 36 s—
Oct 24, 04:00 PMperp ↔ perpBinance → MEXC0.191%1 min 21 s—
Oct 24, 04:00 PMperp ↔ perpToobit → MEXC0.124%1 min 21 s—
Oct 24, 03:52 PMspot ↔ perpHTX → MEXC0.150%4 min 57 s—
Oct 24, 03:25 PMspot → spotToobit → HTX0.267%6 min 30 sSOL
Oct 24, 03:17 PMperp ↔ perpMEXC → Bybit0.102%1 min 12 s—
Oct 24, 03:16 PMspot → spotMEXC → HTX0.483%4 min 36 sSOL
Oct 24, 02:41 PMspot ↔ perpWEEX → MEXC0.472%12 min 24 s—
Oct 24, 02:20 PMspot ↔ perpWEEX → MEXC0.537%5 min 21 s—
Oct 24, 02:17 PMspot ↔ perpLBank → MEXC0.196%4 min 21 s—
Oct 24, 11:25 AMspot ↔ perpHTX → MEXC0.131%1 min 03 s—
Oct 24, 11:24 AMperp ↔ perpKuCoin → MEXC0.158%1 min 51 s—
Oct 24, 10:33 AMspot ↔ perpWEEX → MEXC0.461%19 min 00 s—
Oct 24, 10:33 AMspot → spotLBank → Gate0.172%1 min 06 ssolana
Oct 24, 10:33 AMspot ↔ perpLBank → MEXC0.308%1 min 09 s—
Oct 24, 09:54 AMspot → spotLBank → Gate0.340%6 min 03 ssolana
Oct 24, 09:52 AMspot ↔ perpLBank → MEXC0.400%8 min 45 s—
Oct 24, 09:29 AMspot → spotLBank → Gate0.116%2 min 30 ssolana
Oct 24, 09:28 AMspot ↔ perpLBank → Toobit0.116%3 min 30 s—
Oct 24, 09:27 AMspot ↔ perpLBank → MEXC0.176%4 min 30 s—
Oct 24, 09:27 AMspot ↔ perpLBank → BingX0.180%4 min 33 s—
Oct 24, 09:27 AMspot ↔ perpLBank → Binance0.116%4 min 33 s—
Oct 24, 09:27 AMspot ↔ perpLBank → Bitget0.122%4 min 36 s—
Oct 24, 09:27 AMspot ↔ perpLBank → Bybit0.250%4 min 51 s—
Oct 24, 08:23 AMspot ↔ perpLBank → MEXC0.148%5 min 51 s—
Oct 24, 07:22 AMspot → spotBitrue → WEEX0.246%2 min 03 sTransfer status unknown
Oct 24, 07:21 AMspot → spotGate → WEEX0.285%2 min 57 sTransfer status unknown
Oct 24, 06:03 AMspot → spotGate → WEEX0.224%2 min 27 sTransfer status unknown
Oct 24, 05:43 AMspot → spotGate → WEEX0.148%10 min 48 sTransfer status unknown
Oct 24, 04:00 AMspot → spotLBank → Gate0.197%3 min 24 ssolana
Oct 24, 03:58 AMspot ↔ perpLBank → MEXC0.219%5 min 24 s—
Oct 24, 03:20 AMspot ↔ perpMEXC → Bybit0.101%9 min 09 s—
Oct 24, 03:11 AMspot → spotWEEX → Bitrue0.497%22 min 42 sTransfer status unknown
Oct 24, 03:02 AMspot → spotWEEX → Bitrue0.181%3 min 51 sTransfer status unknown
Oct 24, 02:58 AMspot → spotWEEX → Bitrue0.181%1 min 18 sTransfer status unknown
Oct 24, 02:28 AMspot → spotWEEX → Bitrue0.371%16 min 42 sTransfer status unknown

Spread at the peak after taker fees. Lifetime is measured to about 3 s.

More on PIPPIN

PIPPIN funding rates by exchange →

PIPPIN trades on: BingX, OKX, Bybit, LBank, Bitrue, Toobit, MEXC, KuCoin, Gate, WEEX, Bitget, XT and 7 more

FAQ

Why is the PIPPIN spread so high on some exchanges?

1 route in profit after fees is worth a look ("take" or "risky"); the engine's commonest warnings: under $20 at the best price; low 24h volume. We have no network status from WEEX and BingX, so a transfer there cannot be checked.

Where is PIPPIN cheapest to buy?

Cheapest now on HTX: $0.015385; dearest on MEXC: $0.015802, 2.71% apart. 9 exchanges with a liquid PIPPIN market compared, at the mid between bid and ask.

Can I transfer PIPPIN between HTX and MEXC?

Yes: withdrawals from HTX and deposits to MEXC are open now on SOL, a withdrawal fee of 64.94 PIPPIN. The networks' status is checked every 5 minutes; every network is in the table below.

Is there an arbitrage opportunity in PIPPIN right now?

Yes, in futures (no transfer: a long and a short): 1 route is worth a look ("take" or "risky"), the first HTX → MEXC, 2.09%, marked "risky".

On spot, yes, but none worth taking: 9 spot routes earn after fees, and the engine marks each "avoid": low 24h volume; under $20 at the best price.

What is the PIPPIN spread now?

2.71% between the cheapest (HTX) and the dearest (MEXC) exchange, before fees. No route worth taking with an open transfer right now.