Funding you earn now, next payment 00:00 UTC−0.0263%/8h= −28.8% APRnext payment −$1.31 per $10,000 · paid last 24h −0.089%
Price spread now: Bitget against BloFin+0.542%105s7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
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)−0.201%−$20 · spread now +0.542%, 7d avg −0.082%
=The price spread pays, funding is against you. Bitget is 0.623% dearer against BloFin than usual: you sell high and buy low (spread +0.542% now, against its 7-day average of −0.082%): +$62 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7.9 days. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PIEVERSE-USDT | 1.8380 | 0.0571 | pay 0.0285% / 4h | 29m 36s | $1.1M | $2.5M | 40x |
| Short | Bitget PIEVERSEUSDT | 1.8480 | 0.0308 | get 0.0154% / 4h | 29m 36s | $4.0M | $2.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$55.17
- Price spread: +0.542% → −0.082%
- $62.35
- Slippage, 4 orders
- −$62.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$79.47
- Costs to cover
- 0.866%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Bitget: live order book, 3 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 BloFin live order book, 3 min ago | 0.54 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.37 bp | 22.8 bp −$23 | 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 | 1.8469 | +0.484% | $8.4M | $3.8M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8366 | −0.074% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8425 | +0.245% | $1K | $678K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0272% | 4h | 1.8470 | +0.490% | $7.4M | $21.5M | 20x | as long as short |
| Bitget PIEVERSEUSDTshort | +0.0308% | 4h | 1.8480 | +0.542% | $4.0M | $2.9M | 10x | |
| Bybit PIEVERSEUSDT | +0.0457% | 4h | 1.8469 | +0.482% | $11.1M | $12.3M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0544% | 4h | 1.8490 | +0.598% | — | $7.2M | — | as long as short |
| edgeX PIEVERSEUSDC | +0.0560% | 4h | 1.8399 | +0.103% | $38K | $443K | 10x | as long as short |
| MEXC PIEVERSE_USDT | +0.0566% | 4h | 1.8506 | +0.686% | $2.5M | $878K | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0568% | 1h | 1.8485 | +0.569% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDT | +0.0568% | 4h | 1.8489 | +0.593% | $22.0M | $31.1M | 20x | as long as short |
| BloFin PIEVERSE-USDTlong | +0.0571% | 4h | 1.8380 | long leg | $1.1M | $2.5M | 40x | |
| Aster PIEVERSEUSDT | +0.0610% | 4h | 1.8488 | +0.587% | $171K | $290K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0728% | 4h | 1.8492 | +0.610% | $14.0M | $2.9M | 20x | as long as short |
BloFin PIEVERSE-USDT
Bitget PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
edgeX PIEVERSEUSDC
MEXC PIEVERSE_USDT
Extended PIEVERSE-USD
Binance PIEVERSEUSDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM