Funding you earn now, next payment 00:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.20 per $10,000 · paid last 24h −0.225%
Price spread now: HTX against Aster−0.654%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.654% cheaper against Aster than usual: you would sell low and buy high (−$65 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PIPPINUSDT | 0.01896 | 0.0141 | pay 0.0070% / 4h | 1h 33m | $110K | $32K | 5x |
| Short | HTX PIPPIN-USDT | 0.01884 | 0.0100 | get 0.0050% / 4h | 1h 33m | $34K | $16K | 20x |
Aster PIPPINUSDT
HTX PIPPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.6
- Price spread: −0.654% → 0.000%
- −$65.43
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$94.03
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 47 min ago; HTX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 47 min ago | 7.89 bp | 16.9 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PIPPIN on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PIPPIN | +0.0100% | 1h | 0.01897 | +0.031% | $18K | $9K | 3x | as long as short |
| Bitget PIPPINUSDT | +0.0100% | 4h | 0.01899 | +0.137% | $1.6M | $339K | 10x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01898 | +0.084% | $1K | $9.7M | 20x | as long as short |
| HTX PIPPIN-USDTshort | +0.0100% | 4h | 0.01884 | −0.654% | $34K | $16K | 20x | |
| Aster PIPPINUSDTlong | +0.0141% | 4h | 0.01896 | long leg | $110K | $32K | 5x | |
| OKX PIPPIN-USDT-SWAP | +0.0150% | 4h | 0.01899 | +0.137% | $1.6M | $3.3M | 20x | as long as short |
| Binance PIPPINUSDT | +0.0333% | 4h | 0.01897 | +0.039% | $5.3M | $4.6M | 25x | as long as short |
| MEXC PIPPIN_USDT | +0.0340% | 4h | 0.01897 | +0.031% | $2.6M | $748K | 50x | as long as short |
| BloFin PIPPIN-USDT | +0.0357% | 4h | 0.01897 | +0.031% | $250K | $27K | 25x | as long as short |
| KuCoin PIPPINUSDTM | +0.0516% | 4h | 0.01899 | +0.137% | $2.1M | $3.4M | 25x | as long as short |
Pacifica PIPPIN
Bitget PIPPINUSDT
SunX PIPPIN-USDT
OKX PIPPIN-USDT-SWAP
Binance PIPPINUSDT
MEXC PIPPIN_USDT
BloFin PIPPIN-USDT
KuCoin PIPPINUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIPPINUSDT | +0.0679% | 4h | 0.01897 | +0.031% | $3.6M | $1.4M | 13x | as long as short |
| Gate PIPPIN_USDT | +0.0688% | 4h | 0.01898 | +0.084% | $1.8M | $302K | 20x | as long as short |
| BingX PIPPIN-USDT | +0.0744% | 4h | 0.01898 | +0.084% | — | $1.3M | — | as long as short |
Bybit PIPPINUSDT
Gate PIPPIN_USDT
BingX PIPPIN-USDT