Funding you earn now, next payment 04:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.30 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against edgeX−0.006%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$710.715% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 3 days (all we have)−0.004%$0 · spread now −0.006%, 7d avg +0.048%
=Together, before fees−0.017%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.054% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PIEVERSEUSDC | 1.8127 | 0.0505 | pay 0.0253% / 4h | 2h 49m | $37K | $432K | 10x |
| Short | BloFin PIEVERSE-USDT | 1.8126 | 0.0445 | get 0.0222% / 4h | 2h 49m | $1.1M | $2.4M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against edgeX. 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
- −$12.78
- Price spread: −0.006% → +0.048%
- −$5.41
- Slippage, 4 orders
- −$50.47
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$89.66
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 19 min ago; BloFin: live order book, 4 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 edgeX live order book, 19 min ago | 4.63 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.55 bp | 20.2 bp −$20 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0100% | 4h | 1.8095 | −0.177% | $10.9M | $11.1M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8119 | −0.044% | $8.2M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8125 | −0.012% | $3.9M | $2.4M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8133 | +0.034% | $48K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8108 | −0.105% | $2K | $666K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0317% | 4h | 1.8123 | −0.022% | $7.2M | $18.5M | 20x | as long as short |
| BloFin PIEVERSE-USDTshort | +0.0445% | 4h | 1.8126 | −0.006% | $1.1M | $2.4M | 40x | |
| BingX PIEVERSE-USDT | +0.0472% | 4h | 1.8116 | −0.061% | — | $7.2M | — | as long as short |
| MEXC PIEVERSE_USDT | +0.0494% | 4h | 1.8122 | −0.028% | $2.4M | $835K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0496% | 4h | 1.8114 | −0.072% | $21.5M | $27.8M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PIEVERSE-USD | +0.0496% | 1h | 1.8124 | −0.016% | $41K | $241K | 5x | as long as short |
| edgeX PIEVERSEUSDClong | +0.0505% | 4h | 1.8127 | long leg | $37K | $432K | 10x | |
| Aster PIEVERSEUSDT | +0.0550% | 4h | 1.8123 | −0.023% | $167K | $266K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0746% | 4h | 1.8140 | +0.073% | $13.8M | $2.6M | 20x | as long as short |
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
BingX PIEVERSE-USDT
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM