Funding you earn now, next payment 04:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.079%
Price spread now: BingX against BloFin−0.149%261s7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as 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−$940.936% of the position
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 3 days (all we have)+0.255%+$25 · spread now −0.149%, 7d avg −0.036%
=Funding pays, the price is against you. BingX is 0.113% cheaper against BloFin than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of −0.036%). If the spread goes back, that is −$11 on $10k: about 15 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour. The two prices were read 261 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 | BloFin PIEVERSE-USDT | 1.8126 | 0.0445 | pay 0.0222% / 4h | 2h 44m | $1.1M | $2.4M | 40x |
| Short | BingX PIEVERSE-USDT | 1.8099 | 0.0470 | get 0.0235% / 4h | 2h 44m | — | $7.1M | — |
BloFin PIEVERSE-USDT
BingX PIEVERSE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $5.35
- Price spread: −0.149% → −0.036%
- −$11.34
- Slippage, 4 orders
- −$71.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$99.56
- Costs to cover
- 0.936%
- Break-even
- 137.2 days
Slippage from BloFin: live order book, 8 min ago; BingX: 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 BloFin live order book, 8 min ago | 0.55 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 3.31 bp | 20.9 bp −$21 | 92.2 bp −$922 | 826.2 bp −$82.6K | 1133.8 bp −$566.9K |
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 | 1.8119 | −0.038% | $10.8M | $11.2M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8115 | −0.061% | $8.2M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8130 | +0.022% | $3.9M | $2.3M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8096 | −0.167% | $48K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8200 | +0.408% | $2K | $667K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0311% | 4h | 1.8160 | +0.188% | $7.2M | $18.5M | 20x | as long as short |
| BloFin PIEVERSE-USDTlong | +0.0445% | 4h | 1.8126 | long leg | $1.1M | $2.4M | 40x | |
| BingX PIEVERSE-USDTshort | +0.0470% | 4h | 1.8099 | −0.149% | — | $7.1M | — | |
| edgeX PIEVERSEUSDC | +0.0492% | 4h | 1.8107 | −0.103% | $37K | $433K | 10x | as long as short |
| MEXC PIEVERSE_USDT | +0.0494% | 4h | 1.8141 | +0.083% | $2.4M | $836K | 20x | as long as short |
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
edgeX PIEVERSEUSDC
MEXC PIEVERSE_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PIEVERSE-USD | +0.0496% | 1h | 1.8102 | −0.134% | $41K | $241K | 5x | as long as short |
| Binance PIEVERSEUSDT | +0.0502% | 4h | 1.8125 | −0.006% | $21.5M | $27.7M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0549% | 4h | 1.8135 | +0.051% | $167K | $263K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0752% | 4h | 1.8142 | +0.089% | $13.8M | $2.6M | 20x | as long as short |
Extended PIEVERSE-USD
Binance PIEVERSEUSDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM