Funding you earn now, next payment 08:00 UTC+0.0164%/8h= +17.9% APRnext payment +$0.82 per $10,000 · paid last 24h −0.065%
Price spread now: OKX against BloFin−0.276%63s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as 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−$930.930% of the position
Funding, last 7 days−0.499%−$50 on $10k
+Price spread, last 4 days (all we have)+0.432%+$43 · spread now −0.276%, 7d avg −0.046%
=Funding pays, the price is against you. OKX is 0.231% cheaper against BloFin than usual: you would sell low and buy high (spread −0.276% now, against its 7-day average of −0.046%). If the spread goes back, that is −$23 on $10k: about 4.7 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.499%, so the current rate has only just turned in your favour. The two prices were read 63 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 | 1.8087 | 0.0428 | pay 0.0214% / 4h | 2h 02m | $1.1M | $2.3M | 40x |
| Short | OKX PIEVERSE-USDT-SWAP | 1.8037 | 0.0592 | get 0.0296% / 4h | 2h 02m | $7.1M | $17.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $34.39
- Price spread: −0.276% → −0.046%
- −$23.09
- Slippage, 4 orders
- −$71.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$81.74
- Costs to cover
- 0.930%
- Break-even
- 23.6 days
Slippage from BloFin: live order book, 6 min ago; OKX: live order book, 1 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, 6 min ago | 0.55 bp | 32.7 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.38 bp | 18.4 bp −$18 | 104.2 bp −$1,042 | 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 | 1.8019 | −0.374% | $10.8M | $10.7M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8062 | −0.138% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8152 | +0.361% | $48K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8078 | −0.050% | $1K | $699K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0170% | 4h | 1.8079 | −0.044% | $3.9M | $2.1M | 10x | as long as short |
| BloFin PIEVERSE-USDTlong | +0.0428% | 4h | 1.8087 | long leg | $1.1M | $2.3M | 40x | |
| MEXC PIEVERSE_USDT | +0.0480% | 4h | 1.8085 | −0.011% | $2.5M | $826K | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0482% | 4h | 1.8088 | +0.007% | $37K | $432K | 10x | as long as short |
| Binance PIEVERSEUSDT | +0.0484% | 4h | 1.8071 | −0.088% | $21.4M | $27.2M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0488% | 1h | 1.8056 | −0.170% | $41K | $207K | 5x | 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 | +0.0586% | 4h | 1.8052 | −0.194% | — | $7.1M | — | as long as short |
| OKX PIEVERSE-USDT-SWAPshort | +0.0592% | 4h | 1.8037 | −0.276% | $7.1M | $17.5M | 20x | |
| Aster PIEVERSEUSDT | +0.0682% | 4h | 1.8080 | −0.038% | $168K | $241K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0836% | 4h | 1.8090 | +0.018% | $13.8M | $2.4M | 20x | as long as short |
BloFin PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
MEXC PIEVERSE_USDT
edgeX PIEVERSEUSDC
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
BingX PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM