Funding you earn now, next payment 08:00 UTC+0.0249%/8h= +27.2% APRnext payment +$1.24 per $10,000 · paid last 24h +0.097%
Price spread now: OKX against HTX+0.261%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 +$7 a day on $10k at the current rate, and OKX is 0.261% dearer against HTX than usual: you sell high and buy low: +$26 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 | 0.01913 | 0.0100 | pay 0.0050% / 4h | 1h 11m | $35K | $14K | 20x |
| Short | OKX PIPPIN-USDT-SWAP | 0.01918 | 0.0349 | get 0.0174% / 4h | 1h 11m | $1.5M | $3.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $52.25
- Price spread: +0.261% → 0.000%
- $26.14
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $56.39
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: HTX: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 2.61 bp | 20.7 bp −$21 | 137.9 bp −$1,379 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin PIPPIN-USDT | +0.0081% | 4h | 0.01917 | +0.209% | $256K | $27K | 25x | as long as short |
| Aster PIPPINUSDT | +0.0100% | 4h | 0.01921 | +0.415% | $112K | $33K | 5x | as long as short |
| Pacifica PIPPIN | +0.0100% | 1h | 0.01919 | +0.314% | $18K | $6K | 3x | as long as short |
| Binance PIPPINUSDT | +0.0100% | 4h | 0.01919 | +0.314% | $5.4M | $5.3M | 25x | as long as short |
| MEXC PIPPIN_USDT | +0.0100% | 4h | 0.01918 | +0.261% | $2.7M | $764K | 50x | as long as short |
| SunX PIPPIN-USDT | +0.0100% | 4h | 0.01922 | +0.470% | $3K | $10.4M | 20x | as long as short |
| HTX PIPPIN-USDTlong | +0.0100% | 4h | 0.01913 | long leg | $35K | $14K | 20x | |
| Gate PIPPIN_USDT | +0.0340% | 4h | 0.01919 | +0.314% | $1.8M | $328K | 20x | as long as short |
| OKX PIPPIN-USDT-SWAPshort | +0.0349% | 4h | 0.01918 | +0.261% | $1.5M | $3.5M | 20x | |
| Bybit PIPPINUSDT | +0.0414% | 4h | 0.01920 | +0.366% | $3.7M | $1.5M | 13x | 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 | +0.0900% | 4h | 0.01923 | +0.523% | — | $1.3M | — | as long as short |
| Bitget PIPPINUSDT | +0.0916% | 4h | 0.01918 | +0.261% | $1.6M | $320K | 10x | as long as short |
| KuCoin PIPPINUSDTM | +0.1034% | 4h | 0.01919 | +0.314% | $2.1M | $6.0M | 25x | as long as short |
HTX PIPPIN-USDT
OKX PIPPIN-USDT-SWAP
BloFin PIPPIN-USDT
Aster PIPPINUSDT
Pacifica PIPPIN
Binance PIPPINUSDT
MEXC PIPPIN_USDT
SunX PIPPIN-USDT
Gate PIPPIN_USDT
Bybit PIPPINUSDT
BingX PIPPIN-USDT
Bitget PIPPINUSDT
KuCoin PIPPINUSDTM