Funding you earn now, next payment 00:00 UTC−0.0473%/8h= −51.8% APRpaid last 24h −0.145%
Price spread now: Gate against Binance−0.130%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1011.015% of the position
Funding, last 7 days−0.534%−$53 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now −0.130%, 7d avg −0.125%
=The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIEVERSEUSDT | 1.8403 | 0.0573 | pay 0.0286% / 4h | 34m 13s | $21.9M | $31.0M | 20x |
| Short | Gate PIEVERSE_USDT | 1.8379 | 0.0100 | get 0.0100% / 8h | 34m 13s | $8.3M | $3.8M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$99.32
- Price spread: −0.130% → −0.125%
- −$0.52
- Slippage, 4 orders
- −$76.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$201.3
- Costs to cover
- 1.015%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: 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, 7 min ago | 0.27 bp | 21.9 bp −$22 | 193.3 bp −$1,933 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 5.17 bp | 29.0 bp −$29 | 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_USDTshort | +0.0100% | 8h | 1.8379 | −0.130% | $8.3M | $3.8M | 25x | |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8393 | −0.055% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8378 | −0.136% | $2K | $677K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0264% | 4h | 1.8406 | +0.016% | $7.3M | $21.4M | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0302% | 4h | 1.8412 | +0.049% | $4.0M | $2.9M | 10x | as long as short |
| Bybit PIEVERSEUSDT | +0.0427% | 4h | 1.8389 | −0.076% | $11.1M | $12.2M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0533% | 4h | 1.8385 | −0.098% | $1.1M | $2.5M | 40x | as long as short |
| BingX PIEVERSE-USDT | +0.0540% | 4h | 1.8403 | 0.000% | — | $7.2M | — | as long as short |
| edgeX PIEVERSEUSDC | +0.0558% | 4h | 1.8415 | +0.064% | $38K | $442K | 10x | as long as short |
| MEXC PIEVERSE_USDT | +0.0572% | 4h | 1.8402 | −0.005% | $2.5M | $878K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDTlong | +0.0573% | 4h | 1.8403 | long leg | $21.9M | $31.0M | 20x | |
| Extended PIEVERSE-USD | +0.0576% | 1h | 1.8400 | −0.019% | $41K | $160K | 5x | as long as short |
| Aster PIEVERSEUSDT | +0.0610% | 4h | 1.8385 | −0.098% | $170K | $291K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0716% | 4h | 1.8414 | +0.061% | $14.0M | $2.9M | 20x | as long as short |
Binance PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bitget PIEVERSEUSDT
Bybit PIEVERSEUSDT
BloFin PIEVERSE-USDT
BingX PIEVERSE-USDT
edgeX PIEVERSEUSDC
MEXC PIEVERSE_USDT
Extended PIEVERSE-USD
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM