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

PIPPIN

all PIPPIN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h −0.095%
Price spread now: HTX against BloFin−0.736%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 feesneeds both histories
Funding pays, the price is against you. HTX is 0.736% cheaper against BloFin than usual: you would sell low and buy high (spread −0.736% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$74 on $10k: about 47 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PIPPIN-USDT0.019010.0048pay 0.0024% / 4h3h 06m$252K$27K25x
ShortHTX PIPPIN-USDT0.018870.0100get 0.0050% / 4h3h 06m$34K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
$10.93
Price spread: −0.736% → 0.000%
−$73.65
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$86.72
Costs to cover
0.240%
Break-even
62.5 days
Slippage unknown: BloFin: live order book, 15 min ago; 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 BloFin live order book, 15 min ago5.25 bp18.3 bp −$18110.2 bp −$1,102doesn't fitdoesn't fit
Sell HTX no order-book sample
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
BloFin PIPPIN-USDTlong+0.0048%4h0.01901long leg$252K$27K25x
Aster PIPPINUSDT+0.0100%4h0.01906+0.248%$111K$33K5xas long as short
Pacifica PIPPIN+0.0100%1h0.01906+0.242%$18K$9K3xas long as short
Binance PIPPINUSDT+0.0100%4h0.01905+0.185%$5.4M$5.0M25xas long as short
MEXC PIPPIN_USDT+0.0100%4h0.01904+0.158%$2.5M$715K50xas long as short
SunX PIPPIN-USDT+0.0100%4h0.01903+0.105%$1K$10.2M20xas long as short
HTX PIPPIN-USDTshort+0.0100%4h0.01887−0.736%$34K$14K20x
Gate PIPPIN_USDT+0.0236%4h0.019010.000%$1.8M$317K20xas long as short
OKX PIPPIN-USDT-SWAP+0.0267%4h0.01905+0.210%$1.5M$3.3M20xas long as short
Bybit PIPPINUSDT+0.0633%4h0.01906+0.263%$3.6M$1.4M13xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIPPIN-USDT+0.0754%4h0.01905+0.210%$1.3Mas long as short
Bitget PIPPINUSDT+0.0764%4h0.01906+0.263%$1.6M$305K10xas long as short
KuCoin PIPPINUSDTM+0.1068%4h0.01903+0.105%$2.1M$5.5M25xas long as short