Funding you earn now, next payment 00:00 UTC+0.0454%/8h= +49.7% APRnext payment +$2.27 per $10,000 · paid last 24h +0.229%
Price spread now: Gate against HTX+0.370%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Gate is 0.370% dearer against HTX than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PIPPIN-USDT | 0.01890 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $34K | $16K | 20x |
| Short | Gate PIPPIN_USDT | 0.01897 | 0.0554 | get 0.0277% / 4h | 2h 55m | $1.8M | $304K | 20x |
HTX PIPPIN-USDT
Gate PIPPIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against HTX. 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
- $95.34
- Price spread: +0.370% → 0.000%
- $37.04
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $105.38
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: HTX: no order-book sample; Gate: live order book, 2 min ago. 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 HTX no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 5.27 bp | 466.4 bp −$466 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PIPPINUSDT | +0.0100% | 4h | 0.01901 | +0.582% | $111K | $32K | 5x | as long as short |
| OKX PIPPIN-USDT-SWAP | +0.0100% | 4h | 0.01898 | +0.423% | $1.6M | $3.3M | 20x | as long as short |
| Bitget PIPPINUSDT | +0.0100% | 4h | 0.01899 | +0.476% | $1.6M | $349K | 10x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01898 | +0.423% | $913 | $9.7M | 20x | as long as short |
| HTX PIPPIN-USDTlong | +0.0100% | 4h | 0.01890 | long leg | $34K | $16K | 20x | |
| MEXC PIPPIN_USDT | +0.0118% | 4h | 0.01897 | +0.370% | $2.5M | $757K | 50x | as long as short |
| Binance PIPPINUSDT | +0.0120% | 4h | 0.01895 | +0.258% | $5.3M | $4.6M | 25x | as long as short |
| Pacifica PIPPIN | +0.0134% | 1h | 0.01899 | +0.460% | $18K | $9K | 3x | as long as short |
| BloFin PIPPIN-USDT | +0.0146% | 4h | 0.01895 | +0.265% | $216K | $24K | 25x | as long as short |
| Bybit PIPPINUSDT | +0.0169% | 4h | 0.01899 | +0.476% | $3.6M | $1.3M | 13x | as long as short |
Aster PIPPINUSDT
OKX PIPPIN-USDT-SWAP
Bitget PIPPINUSDT
SunX PIPPIN-USDT
MEXC PIPPIN_USDT
Binance PIPPINUSDT
Pacifica PIPPIN
BloFin PIPPIN-USDT
Bybit PIPPINUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin PIPPINUSDTM | +0.0182% | 4h | 0.01899 | +0.476% | $2.1M | $3.4M | 25x | as long as short |
| BingX PIPPIN-USDT | +0.0246% | 4h | 0.01906 | +0.847% | — | $1.3M | — | as long as short |
| Gate PIPPIN_USDTshort | +0.0554% | 4h | 0.01897 | +0.370% | $1.8M | $304K | 20x |
KuCoin PIPPINUSDTM
BingX PIPPIN-USDT