PIPPIN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1072%/8h= +117.4% APRnext payment +$5.36 per $10,000 · paid last 24h +0.354%

Price spread now: KuCoin against HTX+0.897%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

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 +$32 a day on $10k at the current rate, and KuCoin is 0.897% dearer against HTX than usual: you sell high and buy low: +$90 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	0.01896	0.0100	pay 0.0050% / 4h	3h 55m	$34K	$16K	20x
Short	KuCoin PIPPINUSDTM	0.01913	0.1172	get 0.0586% / 4h	3h 55m	$2.1M	$4.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee KuCoinbpOrdersPrice spread, now +0.897%Rate

Funding earned: $225.12
Price spread: +0.897% → 0.000%: $89.66
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $290.78
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 12 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 KuCoin live order book, 12 min ago	7.88 bp	45.0 bp −$45	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	0.01909	+0.709%	$111K	$32K	5x	as long as short
Pacifica PIPPIN	+0.0100%	1h	0.01911	+0.791%	$18K	$9K	3x	as long as short
Binance PIPPINUSDT	+0.0100%	4h	0.01912	+0.844%	$5.4M	$4.7M	25x	as long as short
Bybit PIPPINUSDT	+0.0100%	4h	0.01913	+0.897%	$3.7M	$1.4M	13x	as long as short
OKX PIPPIN-USDT-SWAP	+0.0100%	4h	0.01913	+0.897%	$1.6M	$3.2M	20x	as long as short
Gate PIPPIN_USDT	+0.0100%	4h	0.01911	+0.791%	$1.8M	$300K	20x	as long as short
MEXC PIPPIN_USDT	+0.0100%	4h	0.01911	+0.791%	$2.5M	$757K	50x	as long as short
SunX PIPPIN-USDT	+0.0100%	4h	0.01913	+0.897%	$939	$9.9M	20x	as long as short
HTX PIPPIN-USDTlong	+0.0100%	4h	0.01896	long leg	$34K	$16K	20x
BloFin PIPPIN-USDT	+0.0156%	4h	0.01911	+0.791%	$250K	$28K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIPPIN-USDT	+0.0960%	4h	0.01904	+0.422%	—	$1.3M	—	as long as short
Bitget PIPPINUSDT	+0.1090%	4h	0.01913	+0.897%	$1.6M	$331K	10x	as long as short
KuCoin PIPPINUSDTMshort	+0.1172%	4h	0.01913	+0.897%	$2.1M	$4.0M	25x