Funding you earn now, next payment 12:00 UTC+0.0335%/8h= +36.7% APRnext payment +$1.68 per $10,000 · paid last 24h +0.043%
Price spread now: KuCoin against BloFin−0.043%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1071.074% of the position
Funding, last 7 days+0.256%+$26 on $10k
+Price spread, last 4 days (all we have)+0.327%+$33 · spread now −0.043%, 7d avg −0.125%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.082% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.125%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PIEVERSE-USDT | 1.8570 | 0.0427 | pay 0.0213% / 4h | 9m 07s | $1.1M | $2.1M | 40x |
| Short | KuCoin PIEVERSEUSDTM | 1.8562 | 0.0762 | get 0.0381% / 4h | 9m 07s | $14.2M | $1.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $70.42
- Price spread: −0.043% → −0.125%
- $8.19
- Slippage, 4 orders
- −$83.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$28.78
- Costs to cover
- 1.074%
- Break-even
- 9.9 days
Slippage from BloFin: live order book, 2 min ago; KuCoin: 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, 2 min ago | 0.54 bp | 27.4 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 10.36 bp | 28.6 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
PIEVERSE on 14 exchanges
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 | 1.8534 | −0.194% | $8.6M | $2.8M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8554 | −0.085% | $4.0M | $1.6M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8649 | +0.427% | $50K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8536 | −0.183% | $1K | $705K | 20x | as long as short |
| Bybit PIEVERSEUSDT | +0.0355% | 4h | 1.8550 | −0.109% | $11.2M | $8.8M | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0390% | 4h | 1.8550 | −0.108% | $7.4M | $13.1M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0394% | 4h | 1.8557 | −0.072% | $178K | $127K | 5x | as long as short |
| BloFin PIEVERSE-USDTlong | +0.0427% | 4h | 1.8570 | long leg | $1.1M | $2.1M | 40x | |
| BingX PIEVERSE-USDT | +0.0446% | 4h | 1.8553 | −0.092% | — | $7.0M | — | as long as short |
| Binance PIEVERSEUSDT | +0.0472% | 4h | 1.8560 | −0.055% | $22.1M | $22.1M | 20x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PIEVERSE-USD | +0.0472% | 1h | 1.8553 | −0.094% | $43K | $293K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0472% | 4h | 1.8555 | −0.081% | $2.6M | $722K | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0488% | 4h | 1.8618 | +0.261% | $38K | $433K | 10x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0762% | 4h | 1.8562 | −0.043% | $14.2M | $1.8M | 20x |
BloFin PIEVERSE-USDT
KuCoin PIEVERSEUSDTM
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bybit PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
BingX PIEVERSE-USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
edgeX PIEVERSEUSDC