Funding you earn now, next payment 08:00 UTC+0.0290%/8h= +31.8% APRnext payment +$1.45 per $10,000 · paid last 24h +0.034%
Price spread now: KuCoin against BloFin+0.252%7-day average −0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$810.812% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.252%, 7d avg −0.133%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.385% dearer against BloFin than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −0.133%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PIEVERSE-USDT | 1.8165 | 0.0532 | pay 0.0266% / 4h | 2h 46m | $1.1M | $2.3M | 40x |
| Short | KuCoin PIEVERSEUSDTM | 1.8211 | 0.0822 | get 0.0411% / 4h | 2h 46m | $13.9M | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $60.9
- Price spread: +0.252% → −0.133%
- $38.52
- Slippage, 4 orders
- −$57.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $18.17
- Costs to cover
- 0.812%
- Break-even
- 4.9 days
Slippage from BloFin: live order book, 2 min ago; KuCoin: live order book, 7 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 | 0.28 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 7.82 bp | 24.1 bp −$24 | 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 | 1.8196 | +0.171% | $10.9M | $10.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8183 | +0.099% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8166 | +0.005% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8136 | −0.160% | $2K | $695K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0122% | 4h | 1.8216 | +0.279% | $3.9M | $2.1M | 10x | as long as short |
| edgeX PIEVERSEUSDC | +0.0468% | 4h | 1.8180 | +0.084% | $37K | $436K | 10x | as long as short |
| Binance PIEVERSEUSDT | +0.0469% | 4h | 1.8210 | +0.248% | $21.5M | $27.1M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0472% | 1h | 1.8201 | +0.196% | $42K | $212K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0472% | 4h | 1.8211 | +0.253% | $2.5M | $810K | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0518% | 4h | 1.8206 | +0.226% | — | $7.1M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PIEVERSE-USDTlong | +0.0532% | 4h | 1.8165 | long leg | $1.1M | $2.3M | 40x | |
| OKX PIEVERSE-USDT-SWAP | +0.0546% | 4h | 1.8212 | +0.259% | $7.2M | $17.7M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0702% | 4h | 1.8173 | +0.047% | $167K | $240K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0822% | 4h | 1.8211 | +0.252% | $13.9M | $2.4M | 20x |
BloFin PIEVERSE-USDT
KuCoin PIEVERSEUSDTM
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
edgeX PIEVERSEUSDC
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT