PIPPIN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h +0.225%

Price spread now: Aster against HTX+0.834%53s7-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 Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aster is 0.834% dearer against HTX than usual: you sell high and buy low: +$83 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX PIPPIN-USDT	0.01885	0.0100	pay 0.0050% / 4h	2h 12m	$34K	$16K	20x
Short	Aster PIPPINUSDT	0.01901	0.0342	get 0.0171% / 4h	2h 12m	$111K	$32K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now +0.834%Rate

Funding earned: $50.87
Price spread: +0.834% → 0.000%: $83.44
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $114.31
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: HTX: no order-book sample; Aster: live order book, 8 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 Aster live order book, 8 min ago	7.89 bp	17.8 bp −$18	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
Bitget PIPPINUSDT	+0.0100%	4h	0.01900	+0.796%	$1.6M	$349K	10x	as long as short
SunX PIPPIN-USDT	+0.0100%	4h	0.01896	+0.584%	$2K	$9.7M	20x	as long as short
HTX PIPPIN-USDTlong	+0.0100%	4h	0.01885	long leg	$34K	$16K	20x
Pacifica PIPPIN	+0.0134%	1h	0.01896	+0.594%	$18K	$9K	3x	as long as short
OKX PIPPIN-USDT-SWAP	+0.0177%	4h	0.01895	+0.531%	$1.6M	$3.3M	20x	as long as short
Aster PIPPINUSDTshort	+0.0342%	4h	0.01901	+0.834%	$111K	$32K	5x
KuCoin PIPPINUSDTM	+0.0358%	4h	0.01899	+0.743%	$2.1M	$3.2M	25x	as long as short
BloFin PIPPIN-USDT	+0.0450%	4h	0.01900	+0.796%	$250K	$27K	25x	as long as short
MEXC PIPPIN_USDT	+0.0502%	4h	0.01894	+0.477%	$2.6M	$779K	50x	as long as short
Binance PIPPINUSDT	+0.0504%	4h	0.01894	+0.498%	$5.3M	$4.6M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit PIPPINUSDT	+0.0763%	4h	0.01897	+0.637%	$3.6M	$1.3M	13x	as long as short
BingX PIPPIN-USDT	+0.0766%	4h	0.01895	+0.531%	—	$1.3M	—	as long as short
Gate PIPPIN_USDT	+0.1014%	4h	0.01898	+0.690%	$1.8M	$306K	20x	as long as short