Funding you earn now, next payment 00:00 UTC+0.0386%/8h= +42.2% APRnext payment +$1.93 per $10,000 · paid last 24h +0.089%
Price spread now: BloFin against Bitget−0.089%55s7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$980.976% of the position
Funding, last 7 days+0.418%+$42 on $10k
+Price spread, last 3 days (all we have)−0.823%−$82 · spread now −0.089%, 7d avg +0.082%
=Funding pays, the price is against you. BloFin is 0.172% cheaper against Bitget than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.082%). If the spread goes back, that is −$17 on $10k: about 36 hours of funding at the current rate (+$12 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIEVERSEUSDT | 1.8446 | 0.0232 | pay 0.0116% / 4h | 2h 08m | $4.0M | $2.9M | 10x |
| Short | BloFin PIEVERSE-USDT | 1.8430 | 0.0618 | get 0.0309% / 4h | 2h 08m | $1.1M | $2.5M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $81
- Price spread: −0.089% → +0.082%
- −$17.17
- Slippage, 4 orders
- −$73.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$33.72
- Costs to cover
- 0.976%
- Break-even
- 9.9 days
Slippage from Bitget: live order book, 10 min ago; BloFin: live order book, 10 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 Bitget live order book, 10 min ago | 4.77 bp | 22.9 bp −$23 | 199.0 bp −$1,990 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 0.81 bp | 23.3 bp −$23 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PIEVERSE-USDT-SWAP | +0.0100% | 4h | 1.8433 | −0.073% | $7.4M | $21.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8418 | −0.155% | $8.4M | $3.9M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8415 | −0.171% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8421 | −0.138% | $2K | $662K | 20x | as long as short |
| Bitget PIEVERSEUSDTlong | +0.0232% | 4h | 1.8446 | long leg | $4.0M | $2.9M | 10x | |
| KuCoin PIEVERSEUSDTM | +0.0554% | 4h | 1.8431 | −0.082% | $13.9M | $2.9M | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0564% | 4h | 1.8433 | −0.073% | $38K | $437K | 10x | as long as short |
| MEXC PIEVERSE_USDT | +0.0570% | 4h | 1.8445 | −0.008% | $2.5M | $884K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0574% | 4h | 1.8445 | −0.006% | $22.0M | $31.2M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0576% | 1h | 1.8433 | −0.074% | $41K | $160K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PIEVERSEUSDT | +0.0583% | 4h | 1.8432 | −0.077% | $172K | $291K | 5x | as long as short |
| BloFin PIEVERSE-USDTshort | +0.0618% | 4h | 1.8430 | −0.089% | $1.1M | $2.5M | 40x | |
| BingX PIEVERSE-USDT | +0.0700% | 4h | 1.8437 | −0.052% | — | $7.2M | — | as long as short |
| Bybit PIEVERSEUSDT | +0.0734% | 4h | 1.8420 | −0.144% | $11.2M | $12.1M | 20x | as long as short |
Bitget PIEVERSEUSDT
BloFin PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
KuCoin PIEVERSEUSDTM
edgeX PIEVERSEUSDC
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
Aster PIEVERSEUSDT
BingX PIEVERSE-USDT
Bybit PIEVERSEUSDT