PIPPIN funding rate

Binance

+0.0389%

Annualized
+85.22%
7d avg (annual)
+40.89%
Next settlement
· 4h
Paid by longs over 30 days
+2.645%
Mark price
0.019056
Contract
PIPPINUSDT

OKX

+0.0066%

Annualized
+14.45%
7d avg (annual)
+32.91%
Next settlement
· 4h
Paid by longs over 30 days
+1.577%
Mark price
0.01905
Contract
PIPPIN-USDT-SWAP

Funding rate history (annualized, 30 days)

+105%+53%0%Sep 2Sep 17Oct 2
BinanceOKX

PIPPIN funding rate statistics, last 30 days

ExchangeSettlementsAverage (ann.)Highest (ann.)Lowest (ann.)Positive sharePaid by longs over 30 days
Binance180+32.2%+158.1% Sep 18, 2026-10.6% Sep 11, 202699%+2.645%
OKX101+34.2%+110.0% Sep 17, 2026+11.0% Sep 15, 2026100%+1.577%

What the PIPPIN funding rate means now

The PIPPIN perpetual on Binance currently pays +0.0389% every 4 hours, about +85.2% annualized. The rate is positive, so longs pay shorts at each settlement. Over the past 7 days the settled rate averaged +40.9% annualized.

On OKX the PIPPIN perpetual pays +0.0066% every 4 hours, about +14.5% annualized. The 7-day average is +32.9%.

The current annualized gap between the two exchanges is 70.8%. Treat it as a reference only: arbitrage returns are reduced by fees and slippage, and rates and liquidation risk change every period.

You only pay or receive funding if you hold a position at the settlement time. Rates update every few minutes; check the exchange before trading.