Funding you earn now, next payment 08:00 UTC−0.0676%/8h= −74.0% APRnext payment −$3.38 per $10,000 · paid last 24h −0.159%
Price spread now: Bitget against KuCoin+0.037%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1301.296% of the position
Funding, last 7 days−0.682%−$68 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.037%, 7d avg +0.059%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bitget is 0.022% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.059%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PIEVERSEUSDTM | 1.8152 | 0.0812 | pay 0.0406% / 4h | 42m 48s | $13.9M | $2.4M | 20x |
| Short | Bitget PIEVERSEUSDT | 1.8159 | 0.0136 | get 0.0068% / 4h | 42m 48s | $3.9M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$141.96
- Price spread: +0.037% → +0.059%
- −$2.24
- Slippage, 4 orders
- −$105.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$273.79
- Costs to cover
- 1.296%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 5 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 KuCoin live order book, 6 min ago | 8.72 bp | 29.9 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.14 bp | 30.7 bp −$31 | 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 | 1.8147 | −0.027% | $10.9M | $10.4M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8131 | −0.115% | $8.3M | $3.3M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8161 | +0.053% | $47K | $12K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8140 | −0.066% | $2K | $713K | 20x | as long as short |
| Bitget PIEVERSEUSDTshort | +0.0136% | 4h | 1.8159 | +0.037% | $3.9M | $2.1M | 10x | |
| BloFin PIEVERSE-USDT | +0.0491% | 4h | 1.8167 | +0.083% | $1.1M | $2.3M | 40x | as long as short |
| Binance PIEVERSEUSDT | +0.0518% | 4h | 1.8158 | +0.034% | $21.5M | $26.9M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0520% | 1h | 1.8143 | −0.048% | $40K | $262K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0522% | 4h | 1.8157 | +0.028% | $2.6M | $813K | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0531% | 4h | 1.8211 | +0.324% | $37K | $435K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIEVERSE-USDT | +0.0588% | 4h | 1.8152 | +0.001% | — | $7.1M | — | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0601% | 4h | 1.8150 | −0.010% | $7.2M | $17.0M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0661% | 4h | 1.8157 | +0.030% | $169K | $234K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMlong | +0.0812% | 4h | 1.8152 | long leg | $13.9M | $2.4M | 20x |
KuCoin PIEVERSEUSDTM
Bitget PIEVERSEUSDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
BloFin PIEVERSE-USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
edgeX PIEVERSEUSDC
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT