Funding you earn now, next payment 04:00 UTC+0.0334%/8h= +36.6% APRnext payment +$1.67 per $10,000 · paid last 24h +0.110%
Price spread now: Binance against Bitget−0.216%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1071.072% of the position
Funding, last 7 days+0.446%+$45 on $10k
+Price spread, last 7 days+0.229%+$23 · spread now −0.216%, 7d avg −0.002%
=Funding pays, the price is against you. Binance is 0.214% cheaper against Bitget than usual: you would sell low and buy high (spread −0.216% now, against its 7-day average of −0.002%). If the spread goes back, that is −$21 on $10k: about 2.1 days of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIEVERSEUSDT | 1.8416 | 0.0236 | pay 0.0118% / 4h | 3h 46m | $4.0M | $2.9M | 10x |
| Short | Binance PIEVERSEUSDT | 1.8376 | 0.0570 | get 0.0285% / 4h | 3h 46m | $21.8M | $31.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $70.12
- Price spread: −0.216% → −0.002%
- −$21.44
- Slippage, 4 orders
- −$85.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$58.52
- Costs to cover
- 1.072%
- Break-even
- 12.8 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 10 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 Bitget live order book, 1 min ago | 5.24 bp | 33.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.36 bp | 20.1 bp −$20 | 130.1 bp −$1,301 | 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 | 1.8380 | −0.194% | $8.4M | $3.5M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8385 | −0.169% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8360 | −0.303% | $2K | $685K | 20x | as long as short |
| Bitget PIEVERSEUSDTlong | +0.0236% | 4h | 1.8416 | long leg | $4.0M | $2.9M | 10x | |
| OKX PIEVERSE-USDT-SWAP | +0.0308% | 4h | 1.8376 | −0.216% | $7.3M | $21.3M | 20x | as long as short |
| Bybit PIEVERSEUSDT | +0.0518% | 4h | 1.8358 | −0.314% | $11.1M | $12.2M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0568% | 1h | 1.8391 | −0.136% | $43K | $181K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0568% | 4h | 1.8410 | −0.031% | $2.5M | $875K | 20x | as long as short |
| Binance PIEVERSEUSDTshort | +0.0570% | 4h | 1.8376 | −0.216% | $21.8M | $31.1M | 20x | |
| edgeX PIEVERSEUSDC | +0.0579% | 4h | 1.8484 | +0.370% | $38K | $444K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PIEVERSE-USDT | +0.0604% | 4h | 1.8389 | −0.146% | $1.1M | $2.5M | 40x | as long as short |
| Aster PIEVERSEUSDT | +0.0605% | 4h | 1.8406 | −0.051% | $170K | $291K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0736% | 4h | 1.8421 | +0.027% | $14.0M | $3.0M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0760% | 4h | 1.8393 | −0.124% | — | $7.2M | — | as long as short |
Bitget PIEVERSEUSDT
Binance PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bybit PIEVERSEUSDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
BingX PIEVERSE-USDT