After costs, if the gap returns to its 7d average, $10k−$82
spread now−0.304%7d average−0.127%fees + slippage, in and out−$64spread needed0.643%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PI-USDT-SWAP | 0.08867 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $2.6M | $5.0M | 20x |
| Short | Bitget PIUSDT | 0.08840 | 0.0100 | get 0.0050% / 4h | 2h 39m | $4.8M | $1.5M | 50x |
OKX PI-USDT-SWAP
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
- −$30.45
- Funding while held
- $0
- Slippage, 4 orders
- −$42.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$94.76
- Spread needed to break even
- 0.643%
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 OKX live order book, 5 min ago | 0.56 bp | 12.6 bp −$13 | 69.2 bp −$692 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 5.65 bp | 20.9 bp −$21 | 47.3 bp −$473 | doesn't fit | doesn't fit |
PI price on every exchange
against the cheapest. Click to use as the short leg.Injective0.08180cheapest
InjectiveBitget0.08840+8.068%
OKX0.08867+8.399%
BingX0.08869+8.423%Gate0.08870+8.435%MEXC0.08870+8.435%
BingX
Gate
MEXCPI on 6 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PI/USDC PERP | −7.748% | +0.0033% | 1h | $1 | $6K | 5.5x | as long as short |
| Bitget PIUSDTshort | −0.304% | +0.0100% | 4h | $4.8M | $1.5M | 50x | |
| OKX PI-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $2.6M | $5.0M | 20x | |
| BingX PI-USDT | +0.023% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| Gate PI_USDT | +0.034% | +0.0100% | 4h | $2.7M | $1.6M | 50x | as long as short |
| MEXC PI_USDT | +0.034% | +0.0100% | 4h | $8.7M | $1.2M | 125x | as long as short |