Funding you earn now, next payment 12:00 UTC+0.0373%/8h= +40.8% APRnext payment +$1.86 per $10,000 · paid last 24h +0.122%
Price spread now: BloFin against Bitget−0.170%105s7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as 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−$890.894% of the position
Funding, last 7 days+0.456%+$46 on $10k
+Price spread, last 4 days (all we have)−0.743%−$74 · spread now −0.170%, 7d avg +0.076%
=Funding pays, the price is against you. BloFin is 0.245% cheaper against Bitget than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of +0.076%). If the spread goes back, that is −$25 on $10k: about 2.2 days of funding at the current rate (+$11 a day). The two prices were read 105 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 | Bitget PIEVERSEUSDT | 1.8221 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $4.0M | $1.9M | 10x |
| Short | BloFin PIEVERSE-USDT | 1.8190 | 0.0473 | get 0.0236% / 4h | 2h 19m | $1.1M | $2.2M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $78.3
- Price spread: −0.170% → +0.076%
- −$24.52
- Slippage, 4 orders
- −$65.44
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$35.65
- Costs to cover
- 0.894%
- Break-even
- 10.2 days
Slippage from Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 4.31 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.37 bp | 24.2 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
PIEVERSE on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8212 | −0.049% | $8.4M | $3.1M | 25x | as long as short |
| Bitget PIEVERSEUSDTlong | +0.0100% | 4h | 1.8221 | long leg | $4.0M | $1.9M | 10x | |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8148 | −0.401% | $47K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8197 | −0.131% | $2K | $711K | 20x | as long as short |
| Bybit PIEVERSEUSDT | +0.0132% | 4h | 1.8219 | −0.013% | $10.9M | $9.5M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0418% | 4h | 1.8227 | +0.033% | — | $7.0M | — | as long as short |
| edgeX PIEVERSEUSDC | +0.0424% | 4h | 1.8183 | −0.210% | $37K | $435K | 10x | as long as short |
| Extended PIEVERSE-USD | +0.0432% | 1h | 1.8222 | +0.008% | $42K | $252K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0432% | 4h | 1.8236 | +0.083% | $2.6M | $776K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0440% | 4h | 1.8229 | +0.044% | $21.6M | $24.9M | 20x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PIEVERSE-USDT-SWAP | +0.0448% | 4h | 1.8220 | −0.005% | $7.2M | $15.4M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0467% | 4h | 1.8222 | +0.006% | $173K | $200K | 5x | as long as short |
| BloFin PIEVERSE-USDTshort | +0.0473% | 4h | 1.8190 | −0.170% | $1.1M | $2.2M | 40x | |
| KuCoin PIEVERSEUSDTM | +0.0802% | 4h | 1.8227 | +0.033% | $13.9M | $2.0M | 20x | as long as short |
Bitget PIEVERSEUSDT
BloFin PIEVERSE-USDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM