Spread before costs (cost unknown: a leg has no order-book sample)+7.457%
7d average—if it closes, per $10,000$746funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PI/USDC PERP | 0.08180 | 0.0033 | pay 0.0004% / 1h | 57m 58s | $1 | $6K | 5.5x |
| Short | Bitget PIUSDT | 0.08790 | 0.0100 | get 0.0050% / 4h | 1h 57m | $4.8M | $1.5M | 50x |
Injective PI/USDC PERP
Bitget PIUSDTPrice 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
- $745.72
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $735.7
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 2 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 5.67 bp | 24.7 bp −$25 | 49.9 bp −$499 | doesn't fit | doesn't fit |
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.Injective0.08180cheapest
Bitget0.08790+7.457%
OKX0.08816+7.775%
OKXMEXC0.08818+7.800%
MEXCBingX0.08818+7.800%
BingXGate0.08820+7.824%
GatePI on 6 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PI/USDC PERPlong | 0.000% | +0.0033% | 1h | $1 | $6K | 5.5x | |
| Bitget PIUSDTshort | +7.457% | +0.0100% | 4h | $4.8M | $1.5M | 50x | |
| OKX PI-USDT-SWAP | +7.775% | +0.0100% | 4h | $2.6M | $5.4M | 20x | as long as short |
| MEXC PI_USDT | +7.800% | +0.0100% | 4h | $8.7M | $1.2M | 125x | as long as short |
| BingX PI-USDT | +7.800% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| Gate PI_USDT | +7.824% | +0.0100% | 4h | $2.6M | $1.7M | 50x | as long as short |