Spread before costs (cost unknown: a leg has no order-book sample)−1.230%
7d average—if it closes, per $10,000$123funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PI_USDT | 0.08940 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $2.7M | $1.9M | 50x |
| Short | Injective PI/USDC PERP | 0.08830 | 0.0033 | get 0.0004% / 1h | 37m 14s | $1 | $9K | 5.5x |
Gate PI_USDT
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
- −$123.04
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$140.06
- Spread needed to break even
- 0.150%
Slippage unknown: Gate: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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 Gate live order book, 2 min ago | 5.60 bp | 29.5 bp −$30 | 131.7 bp −$1,317 | 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
Bitget0.08920+1.019%OKX0.08935+1.189%MEXC0.08936+1.200%
Bitget
OKX
MEXCGate0.08940+1.246%
BingX0.08943+1.280%
BingXPI on 6 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PI/USDC PERPshort | −1.230% | +0.0033% | 1h | $1 | $9K | 5.5x | |
| Bitget PIUSDT | −0.224% | −0.0438% | 4h | $4.8M | $1.6M | 50x | as long as short |
| OKX PI-USDT-SWAP | −0.056% | +0.0100% | 4h | $2.7M | $5.9M | 20x | as long as short |
| MEXC PI_USDT | −0.045% | +0.0100% | 4h | $9.0M | $1.3M | 125x | as long as short |
| Gate PI_USDTlong | 0.000% | +0.0100% | 4h | $2.7M | $1.9M | 50x | |
| BingX PI-USDT | +0.034% | +0.0100% | 4h | — | $6.6M | — | as long as short |