Spread before costs (cost unknown: a leg has no order-book sample)−0.316%
7d average—if it closes, per $10,000$32funding while held, a day−$8.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PIPPINUSDT | 0.01900 | 0.0367 | pay 0.0183% / 4h | 2h 11m | $3.7M | $1.2M | 13x |
| Short | HTX PIPPIN-USDT | 0.01894 | 0.0100 | get 0.0050% / 4h | 2h 11m | $34K | $17K | 20x |
Bybit PIPPINUSDT
HTX PIPPIN-USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$31.58
- Funding while held
- −$8.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$62.59
- Spread needed to break even
- 0.230%
Slippage unknown: Bybit: live order book, 2 min ago; HTX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0267%
- Per $10,000 a day
- −$8.01
- Average in range /8h
- —
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 Bybit live order book, 2 min ago | 5.25 bp | 20.1 bp −$20 | 210.2 bp −$2,102 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.
BingX
KuCoin
Bitget
OKX
MEXC
Binance
Pacifica
BloFin
Gate
SunX
AsterPIPPIN on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX PIPPIN-USDTshort | −0.316% | +0.0100% | 4h | $34K | $17K | 20x | |
| BingX PIPPIN-USDT | −0.211% | +0.0382% | 4h | — | $1.3M | — | as long as short |
| KuCoin PIPPINUSDTM | −0.105% | +0.0100% | 4h | $2.2M | $4.1M | 25x | as long as short |
| Bitget PIPPINUSDT | −0.105% | +0.0100% | 4h | $1.6M | $345K | 10x | as long as short |
| OKX PIPPIN-USDT-SWAP | −0.053% | +0.0387% | 4h | $1.6M | $3.2M | 20x | as long as short |
| MEXC PIPPIN_USDT | −0.053% | +0.0100% | 4h | $2.7M | $687K | 50x | as long as short |
| Bybit PIPPINUSDTlong | 0.000% | +0.0367% | 4h | $3.7M | $1.2M | 13x | |
| Binance PIPPINUSDT | +0.038% | +0.0100% | 4h | $5.4M | $4.4M | 25x | as long as short |
| Pacifica PIPPIN | +0.053% | +0.0100% | 1h | $18K | $8K | 3x | as long as short |
| BloFin PIPPIN-USDT | +0.105% | +0.0128% | 4h | $257K | $21K | 25x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PIPPIN_USDT | +0.158% | +0.0296% | 4h | $1.7M | $242K | 20x | as long as short |
| SunX PIPPIN-USDT | +0.158% | +0.0100% | 4h | $2K | $9.4M | 20x | as long as short |
| Aster PIPPINUSDT | +0.211% | +0.0100% | 4h | $111K | $32K | 5x | as long as short |