Funding you earn now, next payment 08:00 UTC+0.0328%/8h= +35.9% APRnext payment +$1.64 per $10,000 · paid last 24h +0.122%
Price spread now: MEXC against Bitget−0.133%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$990.988% of the position
Funding, last 7 days+0.460%+$46 on $10k
+Price spread, last 7 days+0.227%+$23 · spread now −0.133%, 7d avg −0.001%
=Funding pays, the price is against you. MEXC is 0.132% cheaper against Bitget than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.001%). If the spread goes back, that is −$13 on $10k: about 32 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PIEVERSEUSDT | 1.8190 | 0.0152 | pay 0.0076% / 4h | 2h 34m | $3.9M | $2.1M | 10x |
| Short | MEXC PIEVERSE_USDT | 1.8166 | 0.0480 | get 0.0240% / 4h | 2h 34m | $2.5M | $816K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $68.88
- Price spread: −0.133% → −0.001%
- −$13.2
- Slippage, 4 orders
- −$82.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$43.07
- Costs to cover
- 0.988%
- Break-even
- 11.4 days
Slippage from Bitget: live order book, 3 min ago; MEXC: 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, 3 min ago | 4.16 bp | 28.9 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.83 bp | 9.8 bp −$10 | 66.5 bp −$665 | 437.3 bp −$43.7K | 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 | 1.8160 | −0.166% | $10.9M | $10.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8168 | −0.122% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8149 | −0.225% | $48K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8151 | −0.216% | $2K | $696K | 20x | as long as short |
| Bitget PIEVERSEUSDTlong | +0.0152% | 4h | 1.8190 | long leg | $3.9M | $2.1M | 10x | |
| BloFin PIEVERSE-USDT | +0.0471% | 4h | 1.8198 | +0.043% | $1.1M | $2.3M | 40x | as long as short |
| Extended PIEVERSE-USD | +0.0480% | 1h | 1.8191 | +0.005% | $39K | $209K | 5x | as long as short |
| MEXC PIEVERSE_USDTshort | +0.0480% | 4h | 1.8166 | −0.133% | $2.5M | $816K | 20x | |
| Binance PIEVERSEUSDT | +0.0480% | 4h | 1.8163 | −0.150% | $21.5M | $27.1M | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0501% | 4h | 1.8152 | −0.209% | $37K | $431K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIEVERSE-USDT | +0.0534% | 4h | 1.8190 | −0.001% | — | $7.1M | — | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0580% | 4h | 1.8168 | −0.122% | $7.2M | $17.6M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0708% | 4h | 1.8164 | −0.144% | $168K | $240K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0850% | 4h | 1.8190 | −0.001% | $13.9M | $2.4M | 20x | as long as short |
Bitget PIEVERSEUSDT
MEXC PIEVERSE_USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
BloFin PIEVERSE-USDT
Extended PIEVERSE-USD
Binance PIEVERSEUSDT
edgeX PIEVERSEUSDC
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM