PIPPIN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0181%/8h= +19.8% APRnext payment +$0.90 per $10,000 · paid last 24h +0.097%

Price spread now: OKX against HTX+0.899%7-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 OKX

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—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.899% dearer against HTX than usual: you sell high and buy low: +$90 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	0.01890	0.0100	pay 0.0050% / 4h	3h 20m	$34K	$14K	20x
Short	OKX PIPPIN-USDT-SWAP	0.01907	0.0281	get 0.0140% / 4h	3h 20m	$1.5M	$3.3M	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 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 OKXbpOrdersPrice spread, now +0.899%Rate

Funding earned: $37.92
Price spread: +0.899% → 0.000%: $89.95
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: $105.87
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: HTX: no order-book sample; OKX: live order book, 2 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, 2 min ago	2.63 bp	22.0 bp −$22	156.2 bp −$1,562	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	+0.0044%	4h	0.01905	+0.794%	$253K	$27K	25x	as long as short
Aster PIPPINUSDT	+0.0100%	4h	0.01908	+0.972%	$111K	$33K	5x	as long as short
Pacifica PIPPIN	+0.0100%	1h	0.01906	+0.873%	$18K	$9K	3x	as long as short
Binance PIPPINUSDT	+0.0100%	4h	0.01908	+0.971%	$5.4M	$4.9M	25x	as long as short
MEXC PIPPIN_USDT	+0.0100%	4h	0.01906	+0.847%	$2.5M	$711K	50x	as long as short
SunX PIPPIN-USDT	+0.0100%	4h	0.01908	+0.952%	$2K	$10.2M	20x	as long as short
HTX PIPPIN-USDTlong	+0.0100%	4h	0.01890	long leg	$34K	$14K	20x
OKX PIPPIN-USDT-SWAPshort	+0.0281%	4h	0.01907	+0.899%	$1.5M	$3.3M	20x
Gate PIPPIN_USDT	+0.0416%	4h	0.01906	+0.847%	$1.8M	$315K	20x	as long as short
Bybit PIPPINUSDT	+0.0467%	4h	0.01908	+0.952%	$3.7M	$1.4M	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	+0.0686%	4h	0.01907	+0.899%	—	$1.3M	—	as long as short
Bitget PIPPINUSDT	+0.0744%	4h	0.01907	+0.899%	$1.6M	$305K	10x	as long as short
KuCoin PIPPINUSDTM	+0.1028%	4h	0.01906	+0.847%	$2.1M	$5.4M	25x	as long as short