Settings8H · net · $10k
Funding arb · Price arb /

PIPPIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: HTX against Pacifica−0.785%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.785% cheaper against Pacifica than usual: you would sell low and buy high, −$78 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PIPPIN0.019110.0100pay 0.0013% / 1h10m 12s$18K$5K3x
ShortHTX PIPPIN-USDT0.018960.0100get 0.0050% / 4h3h 10m$34K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Pacifica. 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

Funding earned
$0
Price spread: −0.785% → 0.000%
−$78.49
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$98.49
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell HTX no order-book sample
Pacifica and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PIPPINlong+0.0100%1h0.01911long leg$18K$5K3x
SunX PIPPIN-USDT+0.0100%4h0.01915+0.209%$1K$10.2M20xas long as short
HTX PIPPIN-USDTshort+0.0100%4h0.01896−0.785%$34K$14K20x
Aster PIPPINUSDT+0.0120%4h0.01909−0.105%$111K$35K5xas long as short
Bitget PIPPINUSDT+0.0178%4h0.01914+0.157%$1.6M$332K10xas long as short
OKX PIPPIN-USDT-SWAP+0.0208%4h0.01912+0.052%$1.5M$3.4M20xas long as short
BloFin PIPPIN-USDT+0.0224%4h0.019110.000%$253K$32K25xas long as short
MEXC PIPPIN_USDT+0.0280%4h0.01912+0.052%$2.8M$790K50xas long as short
Binance PIPPINUSDT+0.0327%4h0.01913+0.090%$5.4M$5.2M25xas long as short
KuCoin PIPPINUSDTM+0.0484%4h0.01913+0.105%$2.1M$6.6M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIPPIN-USDT+0.0710%4h0.01912+0.052%$1.4Mas long as short
Bybit PIPPINUSDT+0.0821%4h0.019110.000%$3.7M$1.5M13xas long as short
Gate PIPPIN_USDT+0.1194%4h0.01910−0.052%$1.8M$322K20xas long as short