After costs, if the gap returns to its 7d average, $10k−$62
spread now+0.247%7d average+0.126%fees + slippage, in and out−$74spread needed0.736%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIUSDT | 0.08900 | −0.0446 | get 0.0223% / 4h | 2h 39m | $4.8M | $1.6M | 50x |
| Short | BingX PI-USDT | 0.08922 | 0.0100 | get 0.0050% / 4h | 2h 39m | — | $6.6M | — |
Bitget PIUSDT
BingX PI-USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $24.72
- Funding while held
- $16.38
- Slippage, 4 orders
- −$51.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$32.53
- Spread needed to break even
- 0.736%
Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0546%
- Per $10,000 a day
- +$16.38
- Average in range /8h
- —
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, 5 min ago | 5.60 bp | 20.7 bp −$21 | 59.3 bp −$593 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.03 bp | 17.1 bp −$17 | 59.2 bp −$592 | 244.7 bp −$24.5K | 630.1 bp −$315.1K |
PI price on every exchange
against the cheapest. Click to use as the short leg.Injective0.08830cheapest
InjectiveBitget0.08900+0.793%
Gate0.08920+1.019%MEXC0.08920+1.019%
Gate
MEXCBingX0.08922+1.042%
OKX0.08932+1.155%
OKXPI on 6 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PI/USDC PERP | −0.787% | +0.0033% | 1h | $1 | $9K | 5.5x | as long as short |
| Bitget PIUSDTlong | 0.000% | −0.0446% | 4h | $4.8M | $1.6M | 50x | |
| Gate PI_USDT | +0.225% | +0.0100% | 4h | $2.7M | $1.9M | 50x | as long as short |
| MEXC PI_USDT | +0.225% | +0.0100% | 4h | $9.0M | $1.3M | 125x | as long as short |
| BingX PI-USDTshort | +0.247% | +0.0100% | 4h | — | $6.6M | — | |
| OKX PI-USDT-SWAP | +0.360% | +0.0100% | 4h | $2.7M | $5.9M | 20x | as long as short |