Funding you earn now, next payment 04:00 UTC−0.0418%/8h= −45.7% APRnext payment −$2.09 per $10,000 · paid last 24h −0.109%
Price spread now: Bitget against BloFin+0.120%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days−0.434%−$43 on $10k
+Price spread, last 4 days (all we have)+1.721%+$172 · spread now +0.120%, 7d avg −0.085%
=The price spread pays, funding is against you. Bitget is 0.204% dearer against BloFin than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of −0.085%): +$20 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.434% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PIEVERSE-USDT | 1.8230 | 0.0518 | pay 0.0259% / 4h | 1h 10m | $1.1M | $2.3M | 40x |
| Short | Bitget PIEVERSEUSDT | 1.8252 | 0.0100 | get 0.0050% / 4h | 1h 10m | $4.0M | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$87.68
- Price spread: +0.120% → −0.085%
- $20.42
- Slippage, 4 orders
- −$80.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$171.69
- Costs to cover
- 1.044%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Bitget: 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 BloFin live order book, 2 min ago | 4.40 bp | 21.5 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 5.19 bp | 36.7 bp −$37 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0100% | 4h | 1.8219 | −0.060% | $10.8M | $10.7M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8212 | −0.099% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDTshort | +0.0100% | 4h | 1.8252 | +0.120% | $4.0M | $2.2M | 10x | |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8198 | −0.173% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8172 | −0.318% | $2K | $675K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0426% | 4h | 1.8244 | +0.077% | $7.2M | $17.8M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0464% | 4h | 1.8246 | +0.088% | — | $7.1M | — | as long as short |
| MEXC PIEVERSE_USDT | +0.0486% | 4h | 1.8238 | +0.044% | $2.6M | $854K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0487% | 4h | 1.8227 | −0.016% | $21.6M | $27.0M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0488% | 1h | 1.8240 | +0.057% | $41K | $251K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX PIEVERSEUSDC | +0.0492% | 4h | 1.8219 | −0.060% | $37K | $431K | 10x | as long as short |
| BloFin PIEVERSE-USDTlong | +0.0518% | 4h | 1.8230 | long leg | $1.1M | $2.3M | 40x | |
| Aster PIEVERSEUSDT | +0.0689% | 4h | 1.8236 | +0.034% | $166K | $253K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0866% | 4h | 1.8240 | +0.057% | $13.9M | $2.4M | 20x | as long as short |
BloFin PIEVERSE-USDT
Bitget PIEVERSEUSDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
BingX PIEVERSE-USDT
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
edgeX PIEVERSEUSDC
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM