Funding you earn now, next payment 04:00 UTC−0.0347%/8h= −38.0% APRnext payment −$1.74 per $10,000 · paid last 24h −0.109%
Price spread now: Bitget against Binance+0.043%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1051.052% of the position
Funding, last 7 days−0.445%−$44 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now +0.043%, 7d avg +0.003%
=The price spread pays, funding is against you. Bitget is 0.039% dearer against Binance than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of +0.003%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIEVERSEUSDT | 1.8182 | 0.0447 | pay 0.0224% / 4h | 46m 14s | $21.6M | $27.0M | 20x |
| Short | Bitget PIEVERSEUSDT | 1.8190 | 0.0100 | get 0.0050% / 4h | 46m 14s | $3.9M | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$72.88
- Price spread: +0.043% → +0.003%
- $3.94
- Slippage, 4 orders
- −$83.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$174.11
- Costs to cover
- 1.052%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 2 min ago.
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 Binance live order book, 10 min ago | 0.82 bp | 23.2 bp −$23 | 155.9 bp −$1,559 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.64 bp | 24.4 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
PIEVERSE on 14 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0100% | 4h | 1.8181 | −0.005% | $10.8M | $10.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8170 | −0.066% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDTshort | +0.0100% | 4h | 1.8190 | +0.043% | $3.9M | $2.2M | 10x | |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8210 | +0.156% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8176 | −0.033% | $1K | $676K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0413% | 4h | 1.8187 | +0.027% | $7.2M | $17.7M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0421% | 4h | 1.8216 | +0.187% | $1.1M | $2.3M | 40x | as long as short |
| BingX PIEVERSE-USDT | +0.0432% | 4h | 1.8182 | 0.000% | — | $7.1M | — | as long as short |
| Binance PIEVERSEUSDTlong | +0.0447% | 4h | 1.8182 | long leg | $21.6M | $27.0M | 20x | |
| Extended PIEVERSE-USD | +0.0448% | 1h | 1.8185 | +0.015% | $41K | $248K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PIEVERSE_USDT | +0.0448% | 4h | 1.8192 | +0.055% | $2.5M | $845K | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0468% | 4h | 1.8190 | +0.044% | $37K | $434K | 10x | as long as short |
| Aster PIEVERSEUSDT | +0.0692% | 4h | 1.8192 | +0.055% | $166K | $248K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0854% | 4h | 1.8170 | −0.067% | $13.8M | $2.4M | 20x | as long as short |
Binance PIEVERSEUSDT
Bitget PIEVERSEUSDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
BingX PIEVERSE-USDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
edgeX PIEVERSEUSDC
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM