Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.005%71s7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.809% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 3 days (all we have)−0.479%−$48 · spread now +0.005%, 7d avg +0.084%
=Funding pays, the price is against you. BloFin is 0.078% cheaper against Binance than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.084%). If the spread goes back, that is −$8 on $10k: about 24 days of funding at the current rate ($0 a day). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIEVERSEUSDT | 1.8386 | 0.0594 | pay 0.0297% / 4h | 1h 22m | $21.9M | $31.1M | 20x |
| Short | BloFin PIEVERSE-USDT | 1.8387 | 0.0605 | get 0.0303% / 4h | 1h 22m | $1.1M | $2.5M | 40x |
Binance PIEVERSEUSDT
BloFin PIEVERSE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $2.26
- Price spread: +0.005% → +0.084%
- −$7.81
- Slippage, 4 orders
- −$58.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.45
- Costs to cover
- 0.809%
- Break-even
- 274.2 days
Slippage from Binance: live order book, 4 min ago; BloFin: live order book, 6 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, 4 min ago | 0.27 bp | 18.6 bp −$19 | 165.4 bp −$1,654 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.55 bp | 16.4 bp −$16 | 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 | 1.8377 | −0.049% | $8.3M | $3.9M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8225 | −0.874% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8400 | +0.076% | $1K | $670K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0139% | 4h | 1.8375 | −0.060% | $7.3M | $21.4M | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0280% | 4h | 1.8392 | +0.031% | $4.0M | $2.9M | 10x | as long as short |
| Bybit PIEVERSEUSDT | +0.0450% | 4h | 1.8382 | −0.022% | $11.1M | $12.2M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0566% | 4h | 1.8383 | −0.016% | — | $7.2M | — | as long as short |
| edgeX PIEVERSEUSDC | +0.0580% | 4h | 1.8266 | −0.652% | $38K | $439K | 10x | as long as short |
| Extended PIEVERSE-USD | +0.0592% | 1h | 1.8387 | +0.008% | $41K | $160K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0594% | 4h | 1.8396 | +0.054% | $2.5M | $879K | 20x | as long as short |
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bitget PIEVERSEUSDT
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
MEXC PIEVERSE_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDTlong | +0.0594% | 4h | 1.8386 | long leg | $21.9M | $31.1M | 20x | |
| BloFin PIEVERSE-USDTshort | +0.0605% | 4h | 1.8387 | +0.005% | $1.1M | $2.5M | 40x | |
| Aster PIEVERSEUSDT | +0.0607% | 4h | 1.8398 | +0.066% | $171K | $292K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0626% | 4h | 1.8396 | +0.053% | $14.0M | $2.9M | 20x | as long as short |
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM