Spread before costs (cost unknown: a leg has no order-book sample)−0.451%
7d average—if it closes, per $10,000$45funding while held, a day+$10.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIUSDT | 0.08870 | −0.0150 | get 0.0075% / 4h | 16m 47s | $4.8M | $1.6M | 50x |
| Short | Injective PI/USDC PERP | 0.08830 | 0.0184 | get 0.0023% / 1h | 16m 47s | $1 | $9K | 5.5x |
Bitget PIUSDT
Injective PI/USDC PERPPrice 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
- −$45.1
- Funding while held
- $10.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$47.11
- Spread needed to break even
- 0.120%
Slippage unknown: Bitget: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0334%
- Per $10,000 a day
- +$10.01
- 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, 3 min ago | 5.62 bp | 17.2 bp −$17 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PI price on every exchange
against the cheapest. Click to use as the short leg.Injective0.08830cheapest
Bitget0.08870+0.453%
Gate0.08890+0.680%BingX0.08897+0.759%MEXC0.08901+0.804%OKX0.08902+0.815%
Gate
BingX
MEXC
OKXPI on 6 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PI/USDC PERPshort | −0.451% | +0.0184% | 1h | $1 | $9K | 5.5x | |
| Bitget PIUSDTlong | 0.000% | −0.0150% | 4h | $4.8M | $1.6M | 50x | |
| Gate PI_USDT | +0.225% | +0.0100% | 4h | $2.7M | $1.9M | 50x | as long as short |
| BingX PI-USDT | +0.304% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| MEXC PI_USDT | +0.349% | +0.0100% | 4h | $8.9M | $1.3M | 125x | as long as short |
| OKX PI-USDT-SWAP | +0.361% | +0.0100% | 4h | $2.6M | $6.0M | 20x | as long as short |