Funding you earn now, next payment 08:00 UTC+0.0664%/8h= +72.7% APRnext payment +$3.32 per $10,000 · paid last 24h +0.159%
Price spread now: KuCoin against Bitget−0.014%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1081.079% of the position
Funding, last 7 days+0.682%+$68 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.014%, 7d avg −0.060%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and KuCoin is 0.047% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIEVERSEUSDT | 1.8080 | 0.0174 | pay 0.0087% / 4h | 1h 00m | $3.9M | $2.2M | 10x |
| Short | KuCoin PIEVERSEUSDTM | 1.8078 | 0.0838 | get 0.0419% / 4h | 1h 00m | $13.8M | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $139.44
- Price spread: −0.014% → −0.060%
- $4.65
- Slippage, 4 orders
- −$83.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $36.18
- Costs to cover
- 1.079%
- Break-even
- 5.2 days
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 8 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, 2 min ago | 4.23 bp | 17.1 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 8.64 bp | 27.2 bp −$27 | 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 | 1.8081 | +0.004% | $10.8M | $10.7M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8067 | −0.074% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8025 | −0.304% | $47K | $12K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8065 | −0.085% | $2K | $713K | 20x | as long as short |
| Bitget PIEVERSEUSDTlong | +0.0174% | 4h | 1.8080 | long leg | $3.9M | $2.2M | 10x | |
| Extended PIEVERSE-USD | +0.0528% | 1h | 1.8086 | +0.034% | $43K | $205K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0530% | 4h | 1.8100 | +0.109% | $2.6M | $826K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0530% | 4h | 1.8100 | +0.109% | $21.4M | $27.4M | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0531% | 4h | 1.8059 | −0.117% | $37K | $434K | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0551% | 4h | 1.8104 | +0.131% | $1.1M | $2.3M | 40x | 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 | +0.0590% | 4h | 1.8095 | +0.081% | — | $7.1M | — | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0626% | 4h | 1.8103 | +0.126% | $7.2M | $17.5M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0692% | 4h | 1.8087 | +0.037% | $168K | $239K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0838% | 4h | 1.8078 | −0.014% | $13.8M | $2.4M | 20x |
Bitget PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDT
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT