Funding you earn now, next payment 00:00 UTC+0.0346%/8h= +37.9% APRnext payment +$1.73 per $10,000 · paid last 24h +0.116%
Price spread now: KuCoin against Bitget+0.001%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
Funding, last 7 days+0.625%+$62 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now +0.001%, 7d avg −0.062%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.063% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIEVERSEUSDT | 1.8377 | 0.0280 | pay 0.0140% / 4h | 1h 21m | $4.0M | $2.9M | 10x |
| Short | KuCoin PIEVERSEUSDTM | 1.8377 | 0.0626 | get 0.0313% / 4h | 1h 21m | $13.9M | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $72.66
- Price spread: +0.001% → −0.062%
- $6.3
- Slippage, 4 orders
- −$99.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$44.76
- Costs to cover
- 1.237%
- Break-even
- 11.3 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: 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 | 2.31 bp | 30.2 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 13.68 bp | 33.0 bp −$33 | 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 | 1.8365 | −0.067% | $8.3M | $3.9M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8225 | −0.828% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8400 | +0.123% | $1K | $670K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0139% | 4h | 1.8368 | −0.051% | $7.3M | $21.4M | 20x | as long as short |
| Bitget PIEVERSEUSDTlong | +0.0280% | 4h | 1.8377 | long leg | $4.0M | $2.9M | 10x | |
| Bybit PIEVERSEUSDT | +0.0450% | 4h | 1.8374 | −0.019% | $11.0M | $12.2M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0566% | 4h | 1.8371 | −0.035% | — | $7.2M | — | as long as short |
| edgeX PIEVERSEUSDC | +0.0580% | 4h | 1.8266 | −0.606% | $38K | $439K | 10x | as long as short |
| Extended PIEVERSE-USD | +0.0592% | 1h | 1.8372 | −0.027% | $41K | $160K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0594% | 4h | 1.8383 | +0.030% | $2.5M | $879K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDT | +0.0594% | 4h | 1.8376 | −0.008% | $21.9M | $31.1M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0605% | 4h | 1.8387 | +0.052% | $1.1M | $2.5M | 40x | as long as short |
| Aster PIEVERSEUSDT | +0.0607% | 4h | 1.8403 | +0.139% | $171K | $292K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0626% | 4h | 1.8377 | +0.001% | $13.9M | $2.9M | 20x |
Bitget PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
BloFin PIEVERSE-USDT
Aster PIEVERSEUSDT