Funding you earn now, next payment 04:00 UTC−0.0366%/8h= −40.1% APRnext payment −$1.83 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against BingX+0.084%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1041.036% of the position
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 7 days+0.001%$0 · spread now +0.084%, 7d avg +0.017%
=The price spread pays, funding is against you. Bitget is 0.066% dearer against BingX than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.017%): +$7 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.221% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PIEVERSE-USDT | 1.8410 | 0.0504 | pay 0.0252% / 4h | 3h 10m | — | $7.1M | — |
| Short | Bitget PIEVERSEUSDT | 1.8425 | 0.0138 | get 0.0069% / 4h | 3h 10m | $4.0M | $2.4M | 10x |
BingX PIEVERSE-USDT
Bitget PIEVERSEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$76.86
- Price spread: +0.084% → +0.017%
- $6.63
- Slippage, 4 orders
- −$81.56
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$173.79
- Costs to cover
- 1.036%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 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 BingX live order book, 12 min ago | 2.73 bp | 21.7 bp −$22 | 91.0 bp −$910 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.52 bp | 37.0 bp −$37 | 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 | 1.8399 | −0.061% | $11.1M | $11.2M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8374 | −0.196% | $8.4M | $3.5M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8374 | −0.196% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8395 | −0.081% | $1K | $661K | 20x | as long as short |
| Bitget PIEVERSEUSDTshort | +0.0138% | 4h | 1.8425 | +0.084% | $4.0M | $2.4M | 10x | |
| OKX PIEVERSE-USDT-SWAP | +0.0320% | 4h | 1.8415 | +0.027% | $7.4M | $18.8M | 20x | as long as short |
| BingX PIEVERSE-USDTlong | +0.0504% | 4h | 1.8410 | long leg | — | $7.1M | — | |
| Binance PIEVERSEUSDT | +0.0518% | 4h | 1.8413 | +0.015% | $21.9M | $27.9M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0520% | 1h | 1.8411 | +0.007% | $42K | $243K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0522% | 4h | 1.8412 | +0.011% | $2.5M | $884K | 20x | as long as short |
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX PIEVERSEUSDC | +0.0524% | 4h | 1.8448 | +0.206% | $38K | $446K | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0536% | 4h | 1.8385 | −0.136% | $1.1M | $2.4M | 40x | as long as short |
| Aster PIEVERSEUSDT | +0.0570% | 4h | 1.8395 | −0.081% | $170K | $266K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0782% | 4h | 1.8415 | +0.027% | $14.0M | $2.6M | 20x | as long as short |
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM