Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.49 per $10,000 · paid last 24h −0.063%
Price spread now: BingX against BloFin+0.188%81s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as 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−$990.986% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.188%, 7d avg −0.033%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.221% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.033%. Mind the row above: over the last 7 days funding on this pair cost −0.218%, so the current rate has only just turned in your favour. The two prices were read 81 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 | BloFin PIEVERSE-USDT | 1.8061 | 0.0494 | pay 0.0247% / 4h | 1h 01m | $1.1M | $2.3M | 40x |
| Short | BingX PIEVERSE-USDT | 1.8095 | 0.0592 | get 0.0296% / 4h | 1h 01m | — | $7.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $20.51
- Price spread: +0.188% → −0.033%
- $22.11
- Slippage, 4 orders
- −$76.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$55.97
- Costs to cover
- 0.986%
- Break-even
- 26.1 days
Slippage from BloFin: live order book, 6 min ago; BingX: live order book, 6 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 BloFin live order book, 6 min ago | 0.28 bp | 23.2 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 3.88 bp | 28.4 bp −$28 | 102.5 bp −$1,025 | 921.2 bp −$92.1K | 1244.0 bp −$622.0K |
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 | 1.8066 | +0.027% | $10.8M | $10.7M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8051 | −0.055% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8025 | −0.197% | $47K | $12K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8048 | −0.072% | $2K | $713K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0174% | 4h | 1.8080 | +0.107% | $3.9M | $2.2M | 10x | as long as short |
| BloFin PIEVERSE-USDTlong | +0.0494% | 4h | 1.8061 | long leg | $1.1M | $2.3M | 40x | |
| edgeX PIEVERSEUSDC | +0.0525% | 4h | 1.8050 | −0.062% | $37K | $434K | 10x | as long as short |
| Extended PIEVERSE-USD | +0.0528% | 1h | 1.8066 | +0.030% | $43K | $205K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0530% | 4h | 1.8079 | +0.100% | $2.5M | $826K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0530% | 4h | 1.8088 | +0.151% | $21.4M | $27.4M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIEVERSE-USDTshort | +0.0592% | 4h | 1.8095 | +0.188% | — | $7.1M | — | |
| OKX PIEVERSE-USDT-SWAP | +0.0621% | 4h | 1.8093 | +0.177% | $7.2M | $17.5M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0692% | 4h | 1.8074 | +0.074% | $168K | $239K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0830% | 4h | 1.8056 | −0.028% | $13.8M | $2.4M | 20x | as long as short |
BloFin PIEVERSE-USDT
BingX PIEVERSE-USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM