PIPPIN 永续合约资金费率 — 各交易所对比
pippin
PIPPIN 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序($10,000 仓位,已扣除开平仓成本),而不是瞬时年化。
过去一周,PIPPIN 没有任何多空组合的资金费收入能覆盖开平仓成本。
过去 7 天的实际数据,不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+98.53%
Interval
4h
Open Interest
$1.5M
Mark Price
$0.0193
+94.45%
Interval
4h
Open Interest
$1.1M
Mark Price
$0.0194
+89.19%
Interval
4h
Open Interest
$1.9M
Mark Price
$0.0194
+87.02%
Interval
4h
Open Interest
$73K
Mark Price
$0.0194
+79.44%
Interval
4h
Open Interest
$18K
Mark Price
$0.0193
+75.83%
Interval
4h
Open Interest
—
Mark Price
$0.0193
+75.83%
Interval
4h
Open Interest
$430K
Mark Price
$0.0193
+75.53%
Interval
4h
Open Interest
$5.6M
Mark Price
$0.0193
+75.26%
Interval
4h
Open Interest
$1.9M
Mark Price
$0.0194
+74.95%
Interval
4h
Open Interest
—
Mark Price
$0.0193
+74.16%
Interval
4h
Open Interest
$263K
Mark Price
$0.0194
+73.61%
Interval
4h
Open Interest
$351K
Mark Price
$0.0194
+73.42%
Interval
4h
Open Interest
$1.7M
Mark Price
$0.0194
+46.24%
Interval
1h
Open Interest
$8K
Mark Price
$0.0194
+44.49%
Interval
4h
Open Interest
$1.6M
Mark Price
$0.0194
+18.63%
Interval
4h
Open Interest
$875K
Mark Price
$0.0194
+10.96%
Interval
4h
Open Interest
$3.7M
Mark Price
$0.0194
+10.96%
Interval
4h
Open Interest
$35K
Mark Price
$0.0194
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| +98.53% | 4h | $1.5M | $0.0193 | |
| +94.45% | 4h | $1.1M | $0.0194 | |
| +89.19% | 4h | $1.9M | $0.0194 | |
| +87.02% | 4h | $73K | $0.0194 | |
| +79.44% | 4h | $18K | $0.0193 | |
| +75.83% | 4h | — | $0.0193 | |
| +75.83% | 4h | $430K | $0.0193 | |
| +75.53% | 4h | $5.6M | $0.0193 | |
| +75.26% | 4h | $1.9M | $0.0194 | |
| +74.95% | 4h | — | $0.0193 | |
| +74.16% | 4h | $263K | $0.0194 | |
| +73.61% | 4h | $351K | $0.0194 | |
| +73.42% | 4h | $1.7M | $0.0194 | |
| +46.24% | 1h | $8K | $0.0194 | |
| +44.49% | 4h | $1.6M | $0.0194 | |
| +18.63% | 4h | $875K | $0.0194 | |
| +10.96% | 4h | $3.7M | $0.0194 | |
| +10.96% | 4h | $35K | $0.0194 |
PIPPIN 资金费率的含义
资金费率数据更新于 2026-09-30 16:40 UTC
ORBIT 按交易所实时汇总 PIPPIN(pippin) 永续合约在 18 家交易所的资金费率。资金费率是多头与空头之间的周期性支付,用来把永续合约价格锚定在现货附近:费率为正时多头向空头支付,为负时空头向多头支付。目前 PIPPIN 的年化资金费率从 HTX 的 +10.96% 到 OKX 的 +98.53% 不等。
PIPPIN 当前最大的跨所资金费率价差为年化 87.6%。德尔塔中性的跨所套利正是赚取这一差额:在费率最低的 Bybit 做多,在费率最高的 OKX 做空。两条腿等额反向,价格波动相互抵消,留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史,并按实时订单簿扣除吃单手续费和滑点,得到的是净收益,而不是宣传数字。
PIPPIN 在所跟踪的永续品种中持仓量排名第 255,各交易所合计持仓量 $21.2M,24 小时成交量 $28.8M,成交量加权标记价格 $0.0194。流动性越深,就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤,只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 PIPPIN 资金费率最高?
- OKX,年化 +98.53%。较高的正费率意味着空头收取资金费用,因此它是跨所套利中做空的一方。费率每个结算周期都会变化,当前数值请以实时筛选器为准。
- 为赚取资金费率,PIPPIN 应在哪家交易所做多?
- HTX 的 PIPPIN 资金费率最低,为年化 +10.96%,在那里做多成本最低(甚至可收取费用)。与费率最高的交易所配对,即构成德尔塔中性的价差组合。
- PIPPIN 最佳的资金费率套利组合是什么?
- 价差最大的组合是 Bybit 做多 / OKX 做空,扣除成本前约为年化 87.6%。确定仓位规模前,请先在 ORBIT 回测器中验证,它会扣除真实的手续费和滑点。
- PIPPIN 的资金费用多久结算一次?
- 各交易所资金间隔不同(1 小时、4 小时)。在年化费率相同的情况下,间隔越长,单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率,便于直接比较。
- PIPPIN 的资金费率目前是正还是负?
- 各交易所均为正(多头向空头支付),年化从 +10.96% 到 +98.53%。