Funding you earn now, next payment 00:00 UTC+0.0267%/8h= +29.2% APRnext payment +$1.33 per $10,000 · paid last 24h +0.089%
Price spread now: BloFin against Bitget−0.039%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$870.866% of the position
Funding, last 7 days+0.418%+$42 on $10k
+Price spread, last 3 days (all we have)−0.303%−$30 · spread now −0.039%, 7d avg +0.082%
=Funding pays, the price is against you. BloFin is 0.120% cheaper against Bitget than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.082%). If the spread goes back, that is −$12 on $10k: about 36 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIEVERSEUSDT | 1.8387 | 0.0304 | pay 0.0152% / 4h | 31m 15s | $4.0M | $2.9M | 10x |
| Short | BloFin PIEVERSE-USDT | 1.8380 | 0.0571 | get 0.0285% / 4h | 31m 15s | $1.1M | $2.5M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $56.01
- Price spread: −0.039% → +0.082%
- −$12.02
- Slippage, 4 orders
- −$62.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.66
- Costs to cover
- 0.866%
- Break-even
- 12.3 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 2 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, 2 min ago | 3.37 bp | 26.0 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.54 bp | 16.9 bp −$17 | 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 | 1.8359 | −0.153% | $8.3M | $3.8M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8366 | −0.113% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8364 | −0.126% | $2K | $677K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0263% | 4h | 1.8386 | −0.006% | $7.3M | $21.4M | 20x | as long as short |
| Bitget PIEVERSEUSDTlong | +0.0304% | 4h | 1.8387 | long leg | $4.0M | $2.9M | 10x | |
| Bybit PIEVERSEUSDT | +0.0431% | 4h | 1.8364 | −0.126% | $11.1M | $12.3M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0541% | 4h | 1.8379 | −0.044% | — | $7.2M | — | as long as short |
| edgeX PIEVERSEUSDC | +0.0560% | 4h | 1.8399 | +0.064% | $38K | $443K | 10x | as long as short |
| Binance PIEVERSEUSDT | +0.0567% | 4h | 1.8382 | −0.030% | $21.8M | $31.0M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0568% | 1h | 1.8374 | −0.070% | $41K | $160K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PIEVERSE_USDT | +0.0568% | 4h | 1.8380 | −0.039% | $2.5M | $878K | 20x | as long as short |
| BloFin PIEVERSE-USDTshort | +0.0571% | 4h | 1.8380 | −0.039% | $1.1M | $2.5M | 40x | |
| Aster PIEVERSEUSDT | +0.0603% | 4h | 1.8380 | −0.036% | $170K | $291K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0720% | 4h | 1.8375 | −0.066% | $13.9M | $2.9M | 20x | as long as short |
Bitget PIEVERSEUSDT
BloFin PIEVERSE-USDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
edgeX PIEVERSEUSDC
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM