PIPPIN

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0162%/8h= −17.7% APRnext payment −$0.81 per $10,000 · paid last 24h −0.150%

Price spread now: HTX against KuCoin−0.317%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on HTX

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 against this trade now: funding costs −$5 a day on $10k at the current rate, and HTX is 0.317% cheaper against KuCoin than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PIPPINUSDTM	0.01891	0.0262	pay 0.0131% / 4h	1h 44m	$2.1M	$6.8M	25x
Short	HTX PIPPIN-USDT	0.01885	0.0100	get 0.0050% / 4h	1h 44m	$34K	$5K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against KuCoin. 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 KuCoinbpFee HTXbpOrdersPrice spread, now −0.317%Rate

Funding earned: −$34.02
Price spread: −0.317% → 0.000%: −$31.73
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$89.75
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 2 min ago	7.93 bp	106.6 bp −$107	doesn't fit	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 on 13 exchanges

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	0.01893	+0.106%	$1.6M	$261K	10x	as long as short
SunX PIPPIN-USDT	+0.0100%	4h	0.01892	+0.053%	$2K	$9.0M	20x	as long as short
HTX PIPPIN-USDTshort	+0.0100%	4h	0.01885	−0.317%	$34K	$5K	20x
Bybit PIPPINUSDT	+0.0101%	4h	0.01888	−0.159%	$3.6M	$1.3M	13x	as long as short
Pacifica PIPPIN	+0.0148%	1h	0.01890	−0.032%	$18K	$4K	3x	as long as short
OKX PIPPIN-USDT-SWAP	+0.0167%	4h	0.01890	−0.053%	$1.5M	$2.7M	20x	as long as short
KuCoin PIPPINUSDTMlong	+0.0262%	4h	0.01891	long leg	$2.1M	$6.8M	25x
Gate PIPPIN_USDT	+0.0542%	4h	0.01891	0.000%	$1.8M	$283K	20x	as long as short
Aster PIPPINUSDT	+0.0873%	4h	0.01890	−0.078%	$110K	$35K	5x	as long as short
Binance PIPPINUSDT	+0.0893%	4h	0.01890	−0.064%	$5.4M	$4.5M	25x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIPPIN-USDT	+0.0894%	4h	0.01897	+0.317%	—	$1.3M	—	as long as short
MEXC PIPPIN_USDT	+0.0904%	4h	0.01890	−0.053%	$2.9M	$732K	50x	as long as short
BloFin PIPPIN-USDT	+0.0940%	4h	0.01893	+0.106%	$255K	$31K	25x	as long as short