Funding you earn now, next payment 04:00 UTC−0.0370%/8h= −40.5% APRnext payment −$1.85 per $10,000 · paid last 24h −0.111%
Price spread now: Bitget against MEXC−0.058%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$940.938% of the position
Funding, last 7 days−0.445%−$45 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.058%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.061% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PIEVERSE_USDT | 1.8501 | 0.0470 | pay 0.0235% / 4h | 22m 50s | $2.6M | $849K | 20x |
| Short | Bitget PIEVERSEUSDT | 1.8490 | 0.0100 | get 0.0050% / 4h | 22m 50s | $4.0M | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$77.7
- Price spread: −0.058% → +0.003%
- −$6.11
- Slippage, 4 orders
- −$77.77
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$177.58
- Costs to cover
- 0.938%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 5 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 MEXC live order book, 4 min ago | 0.82 bp | 16.5 bp −$16 | 74.8 bp −$748 | 556.4 bp −$55.6K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.61 bp | 31.2 bp −$31 | 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 | 1.8465 | −0.197% | $11.0M | $10.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8453 | −0.259% | $8.4M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDTshort | +0.0100% | 4h | 1.8490 | −0.058% | $4.0M | $2.2M | 10x | |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8316 | −1.002% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8499 | −0.011% | $2K | $679K | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0456% | 4h | 1.8481 | −0.108% | — | $7.1M | — | as long as short |
| MEXC PIEVERSE_USDTlong | +0.0470% | 4h | 1.8501 | long leg | $2.6M | $849K | 20x | |
| Binance PIEVERSEUSDT | +0.0470% | 4h | 1.8483 | −0.097% | $21.9M | $27.0M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0472% | 1h | 1.8484 | −0.093% | $42K | $252K | 5x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0479% | 4h | 1.8490 | −0.059% | $7.3M | $18.0M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin PIEVERSE-USDT | +0.0491% | 4h | 1.8512 | +0.059% | $1.1M | $2.4M | 40x | as long as short |
| edgeX PIEVERSEUSDC | +0.0493% | 4h | 1.8337 | −0.886% | $37K | $432K | 10x | as long as short |
| Aster PIEVERSEUSDT | +0.0748% | 4h | 1.8503 | +0.010% | $169K | $244K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0864% | 4h | 1.8506 | +0.029% | $14.1M | $2.4M | 20x | as long as short |
MEXC PIEVERSE_USDT
Bitget PIEVERSEUSDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
BingX PIEVERSE-USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
edgeX PIEVERSEUSDC
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM