Funding you earn now, next payment 08:00 UTC−0.0312%/8h= −34.2% APRnext payment −$1.56 per $10,000 · paid last 24h −0.121%
Price spread now: Bitget against Binance+0.067%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 7 days−0.459%−$46 on $10k
+Price spread, last 7 days−0.128%−$13 · spread now +0.067%, 7d avg +0.003%
=The price spread pays, funding is against you. Bitget is 0.064% dearer against Binance than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.003%): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIEVERSEUSDT | 1.8212 | 0.0412 | pay 0.0206% / 4h | 3h 33m | $21.6M | $27.2M | 20x |
| Short | Bitget PIEVERSEUSDT | 1.8224 | 0.0100 | get 0.0050% / 4h | 3h 33m | $3.9M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$65.55
- Price spread: +0.067% → +0.003%
- $6.37
- Slippage, 4 orders
- −$95.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$177.05
- Costs to cover
- 1.179%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 4 min ago.
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 Binance live order book, 8 min ago | 0.27 bp | 23.9 bp −$24 | 212.9 bp −$2,129 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.43 bp | 29.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
PIEVERSE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8195 | −0.093% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDTshort | +0.0100% | 4h | 1.8224 | +0.067% | $3.9M | $2.1M | 10x | |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8189 | −0.125% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8238 | +0.143% | $2K | $690K | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0404% | 4h | 1.8224 | +0.064% | $37K | $434K | 10x | as long as short |
| MEXC PIEVERSE_USDT | +0.0412% | 4h | 1.8216 | +0.022% | $2.5M | $845K | 20x | as long as short |
| Binance PIEVERSEUSDTlong | +0.0412% | 4h | 1.8212 | long leg | $21.6M | $27.2M | 20x | |
| Extended PIEVERSE-USD | +0.0416% | 1h | 1.8212 | +0.001% | $40K | $257K | 5x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0449% | 4h | 1.8220 | +0.044% | $7.2M | $17.8M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0468% | 4h | 1.8246 | +0.187% | $1.1M | $2.4M | 40x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0643% | 4h | 1.8205 | −0.040% | $10.9M | $10.6M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0703% | 4h | 1.8217 | +0.029% | $167K | $240K | 5x | as long as short |
| BingX PIEVERSE-USDT | +0.0770% | 4h | 1.8208 | −0.022% | — | $7.1M | — | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0780% | 4h | 1.8228 | +0.086% | $13.8M | $2.4M | 20x | as long as short |
Binance PIEVERSEUSDT
Bitget PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
edgeX PIEVERSEUSDC
MEXC PIEVERSE_USDT
Extended PIEVERSE-USD
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
Bybit PIEVERSEUSDT
Aster PIEVERSEUSDT
BingX PIEVERSE-USDT
KuCoin PIEVERSEUSDTM