Funding you earn now, next payment 12:00 UTC+0.0614%/8h= +67.2% APRnext payment +$3.07 per $10,000 · paid last 24h +0.164%
Price spread now: KuCoin against Bitget−0.086%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
Funding, last 7 days+0.712%+$71 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.086%, 7d avg −0.061%
=Funding pays, the price is against you. KuCoin is 0.025% cheaper against Bitget than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.061%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$18 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIEVERSEUSDT | 1.8236 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $4.0M | $2.0M | 10x |
| Short | KuCoin PIEVERSEUSDTM | 1.8220 | 0.0714 | get 0.0357% / 4h | 3h 30m | $13.9M | $2.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $128.94
- Price spread: −0.086% → −0.061%
- −$2.5
- Slippage, 4 orders
- −$81.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $21.08
- Costs to cover
- 1.054%
- Break-even
- 5.9 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 8 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, 3 min ago | 5.08 bp | 33.9 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 8.66 bp | 24.7 bp −$25 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8207 | −0.160% | $8.4M | $3.2M | 25x | as long as short |
| Bitget PIEVERSEUSDTlong | +0.0100% | 4h | 1.8236 | long leg | $4.0M | $2.0M | 10x | |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8208 | −0.152% | $47K | $12K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8205 | −0.171% | $1K | $713K | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0410% | 4h | 1.8220 | −0.089% | $1.1M | $2.3M | 40x | as long as short |
| Bybit PIEVERSEUSDT | +0.0414% | 4h | 1.8213 | −0.128% | $10.9M | $9.9M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0440% | 1h | 1.8220 | −0.087% | $44K | $261K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0442% | 4h | 1.8238 | +0.010% | $2.6M | $800K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0443% | 4h | 1.8236 | −0.001% | $21.6M | $26.0M | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0455% | 4h | 1.8226 | −0.056% | $37K | $436K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PIEVERSE-USDT-SWAP | +0.0514% | 4h | 1.8225 | −0.061% | $7.2M | $16.3M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0529% | 4h | 1.8221 | −0.083% | $171K | $211K | 5x | as long as short |
| BingX PIEVERSE-USDT | +0.0706% | 4h | 1.8225 | −0.061% | — | $7.1M | — | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0714% | 4h | 1.8220 | −0.086% | $13.9M | $2.3M | 20x |
Bitget PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
BloFin PIEVERSE-USDT
Bybit PIEVERSEUSDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
edgeX PIEVERSEUSDC
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
BingX PIEVERSE-USDT