Funding you earn now, next payment 00:00 UTC−0.0170%/8h= −18.7% APRnext payment −$0.85 per $10,000 · paid last 24h +0.073%
Price spread now: BloFin against BingX+0.212%51s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$930.931% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)−1.067%−$107 · spread now +0.212%, 7d avg +0.028%
=The price spread pays, funding is against you. BloFin is 0.184% dearer against BingX than usual: you sell high and buy low (spread +0.212% now, against its 7-day average of +0.028%): +$18 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.210%, so the current rate has only just turned against you. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PIEVERSE-USDT | 1.8409 | 0.0694 | pay 0.0347% / 4h | 2h 06m | — | $7.2M | — |
| Short | BloFin PIEVERSE-USDT | 1.8448 | 0.0524 | get 0.0262% / 4h | 2h 06m | $1.1M | $2.5M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$35.78
- Price spread: +0.212% → +0.028%
- $18.35
- Slippage, 4 orders
- −$71.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$110.49
- Costs to cover
- 0.931%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; BloFin: 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 BingX live order book, 2 min ago | 2.44 bp | 23.9 bp −$24 | 92.9 bp −$929 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.54 bp | 19.0 bp −$19 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PIEVERSE-USDT-SWAP | +0.0100% | 4h | 1.8413 | +0.022% | $7.3M | $21.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8400 | −0.049% | $8.3M | $3.9M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8415 | +0.033% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8392 | −0.092% | $2K | $662K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0238% | 4h | 1.8415 | +0.034% | $4.0M | $2.9M | 10x | as long as short |
| BloFin PIEVERSE-USDTshort | +0.0524% | 4h | 1.8448 | +0.212% | $1.1M | $2.5M | 40x | |
| KuCoin PIEVERSEUSDTM | +0.0552% | 4h | 1.8423 | +0.076% | $13.8M | $2.9M | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0556% | 4h | 1.8436 | +0.148% | $38K | $437K | 10x | as long as short |
| Extended PIEVERSE-USD | +0.0576% | 1h | 1.8411 | +0.009% | $41K | $160K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0578% | 4h | 1.8413 | +0.022% | $2.5M | $885K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDT | +0.0578% | 4h | 1.8413 | +0.023% | $21.9M | $31.2M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0591% | 4h | 1.8424 | +0.082% | $172K | $291K | 5x | as long as short |
| BingX PIEVERSE-USDTlong | +0.0694% | 4h | 1.8409 | long leg | — | $7.2M | — | |
| Bybit PIEVERSEUSDT | +0.0705% | 4h | 1.8399 | −0.054% | $11.2M | $12.1M | 20x | as long as short |
BingX PIEVERSE-USDT
BloFin PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Aster PIEVERSEUSDT
Bybit PIEVERSEUSDT