Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BloFin+0.022%49s7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as 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−$840.843% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.175%+$18 · spread now +0.022%, 7d avg −0.082%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.104% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.082%. The two prices were read 49 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 | 1.8094 | 0.0538 | pay 0.0269% / 4h | 1h 16m | $1.1M | $2.3M | 40x |
| Short | MEXC PIEVERSE_USDT | 1.8098 | 0.0550 | get 0.0275% / 4h | 1h 16m | $2.6M | $824K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $2.42
- Price spread: +0.022% → −0.082%
- $10.44
- Slippage, 4 orders
- −$68.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$71.44
- Costs to cover
- 0.843%
- Break-even
- 213.3 days
Slippage from BloFin: live order book, 7 min ago; MEXC: live order book, 1 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, 7 min ago | 0.82 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.93 bp | 31.7 bp −$32 | 77.5 bp −$775 | 480.7 bp −$48.1K | 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 | 1.8084 | −0.055% | $10.9M | $10.7M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8070 | −0.133% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8020 | −0.407% | $47K | $12K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8069 | −0.138% | $2K | $712K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0178% | 4h | 1.8091 | −0.017% | $3.9M | $2.2M | 10x | as long as short |
| edgeX PIEVERSEUSDC | +0.0526% | 4h | 1.8116 | +0.122% | $37K | $434K | 10x | as long as short |
| BloFin PIEVERSE-USDTlong | +0.0538% | 4h | 1.8094 | long leg | $1.1M | $2.3M | 40x | |
| MEXC PIEVERSE_USDTshort | +0.0550% | 4h | 1.8098 | +0.022% | $2.6M | $824K | 20x | |
| Binance PIEVERSEUSDT | +0.0550% | 4h | 1.8096 | +0.011% | $21.4M | $27.4M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0552% | 1h | 1.8091 | −0.017% | $43K | $197K | 5x | 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 | 1.8091 | −0.017% | — | $7.1M | — | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0619% | 4h | 1.8093 | −0.006% | $7.1M | $17.6M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0703% | 4h | 1.8088 | −0.033% | $168K | $239K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0814% | 4h | 1.8099 | +0.029% | $13.8M | $2.5M | 20x | as long as short |
BloFin PIEVERSE-USDT
MEXC PIEVERSE_USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
edgeX PIEVERSEUSDC
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM