Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.065%
Price spread now: BloFin against OKX−0.066%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$930.933% of the position
Funding, last 7 days+0.499%+$50 on $10k
+Price spread, last 4 days (all we have)−0.343%−$34 · spread now −0.066%, 7d avg +0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.115% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PIEVERSE-USDT-SWAP | 1.8246 | 0.0459 | pay 0.0229% / 4h | 3h 31m | $7.2M | $17.8M | 20x |
| Short | BloFin PIEVERSE-USDT | 1.8234 | 0.0457 | get 0.0229% / 4h | 3h 31m | $1.1M | $2.4M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$0.33
- Price spread: −0.066% → +0.049%
- −$11.45
- Slippage, 4 orders
- −$71.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$105.06
- Costs to cover
- 0.933%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; BloFin: 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 OKX live order book, 2 min ago | 2.46 bp | 25.5 bp −$26 | 189.5 bp −$1,895 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 5.76 bp | 22.1 bp −$22 | 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 | 1.8205 | −0.225% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8229 | −0.091% | $3.9M | $2.1M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8233 | −0.072% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8221 | −0.137% | $2K | $690K | 20x | as long as short |
| MEXC PIEVERSE_USDT | +0.0418% | 4h | 1.8236 | −0.055% | $2.6M | $847K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0420% | 4h | 1.8236 | −0.055% | $21.6M | $27.1M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0424% | 1h | 1.8238 | −0.043% | $40K | $257K | 5x | as long as short |
| edgeX PIEVERSEUSDC | +0.0428% | 4h | 1.8230 | −0.086% | $37K | $435K | 10x | as long as short |
| BloFin PIEVERSE-USDTshort | +0.0457% | 4h | 1.8234 | −0.066% | $1.1M | $2.4M | 40x | |
| OKX PIEVERSE-USDT-SWAPlong | +0.0459% | 4h | 1.8246 | long leg | $7.2M | $17.8M | 20x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0560% | 4h | 1.8221 | −0.136% | $10.9M | $10.6M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0610% | 4h | 1.8239 | −0.038% | — | $7.1M | — | as long as short |
| Aster PIEVERSEUSDT | +0.0714% | 4h | 1.8209 | −0.202% | $167K | $240K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0778% | 4h | 1.8229 | −0.094% | $13.8M | $2.4M | 20x | as long as short |
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
edgeX PIEVERSEUSDC
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM