Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.054%
Price spread now: Gate against Bitget−0.261%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1181.183% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 7 days+0.201%+$20 · spread now −0.261%, 7d avg −0.128%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.132% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIEVERSEUSDT | 1.8032 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $3.9M | $2.2M | 10x |
| Short | Gate PIEVERSE_USDT | 1.7985 | 0.0100 | get 0.0100% / 8h | 6h 11m | $8.2M | $3.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.261% → −0.128%
- −$13.24
- Slippage, 4 orders
- −$91.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$131.54
- Costs to cover
- 1.183%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: 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, 1 min ago | 3.63 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.45 bp | 30.0 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
PIEVERSE on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0100% | 4h | 1.8005 | −0.148% | $10.8M | $10.8M | 20x | as long as short |
| Gate PIEVERSE_USDTshort | +0.0100% | 8h | 1.7985 | −0.261% | $8.2M | $3.4M | 25x | |
| Bitget PIEVERSEUSDTlong | +0.0100% | 4h | 1.8032 | long leg | $3.9M | $2.2M | 10x | |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8010 | −0.124% | $48K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8008 | −0.133% | $1K | $669K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0343% | 4h | 1.8030 | −0.011% | $7.1M | $18.0M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0432% | 4h | 1.8028 | −0.022% | — | $7.1M | — | as long as short |
| MEXC PIEVERSE_USDT | +0.0460% | 4h | 1.8035 | +0.017% | $2.4M | $843K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0460% | 4h | 1.8030 | −0.011% | $21.4M | $27.3M | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0463% | 4h | 1.8015 | −0.092% | $37K | $434K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PIEVERSE-USD | +0.0464% | 1h | 1.8025 | −0.039% | $39K | $242K | 5x | as long as short |
| Aster PIEVERSEUSDT | +0.0565% | 4h | 1.8002 | −0.166% | $165K | $257K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0732% | 4h | 1.8019 | −0.072% | $13.7M | $2.5M | 20x | as long as short |
Bitget PIEVERSEUSDT
Gate PIEVERSE_USDT
Bybit PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
BingX PIEVERSE-USDT
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM