Funding you earn now, next payment 00:00 UTC+0.0457%/8h= +50.1% APRnext payment +$2.29 per $10,000 · paid last 24h +0.071%
Price spread now: BloFin against OKX−0.379%93s7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as 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−$870.866% of the position
Funding, last 7 days+0.482%+$48 on $10k
+Price spread, last 3 days (all we have)−0.030%−$3 · spread now −0.379%, 7d avg +0.047%
=Funding pays, the price is against you. BloFin is 0.426% cheaper against OKX than usual: you would sell low and buy high (spread −0.379% now, against its 7-day average of +0.047%). If the spread goes back, that is −$43 on $10k: about 3.1 days of funding at the current rate (+$14 a day). The two prices were read 93 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 | OKX PIEVERSE-USDT-SWAP | 1.8484 | 0.0191 | pay 0.0096% / 4h | 1h 05m | $7.3M | $21.6M | 20x |
| Short | BloFin PIEVERSE-USDT | 1.8414 | 0.0649 | get 0.0324% / 4h | 1h 05m | $1.1M | $2.5M | 40x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $96.05
- Price spread: −0.379% → +0.047%
- −$42.62
- Slippage, 4 orders
- −$64.55
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$33.12
- Costs to cover
- 0.866%
- Break-even
- 9.4 days
Slippage from OKX: live order book, 3 min ago; BloFin: 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 OKX live order book, 3 min ago | 1.09 bp | 25.3 bp −$25 | 160.3 bp −$1,603 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 0.55 bp | 18.4 bp −$18 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8449 | −0.189% | $8.4M | $3.9M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8393 | −0.495% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8407 | −0.417% | $2K | $673K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAPlong | +0.0191% | 4h | 1.8484 | long leg | $7.3M | $21.6M | 20x | |
| Bitget PIEVERSEUSDT | +0.0294% | 4h | 1.8482 | −0.010% | $4.0M | $2.9M | 10x | as long as short |
| Bybit PIEVERSEUSDT | +0.0514% | 4h | 1.8469 | −0.081% | $11.1M | $12.2M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0556% | 4h | 1.8483 | −0.005% | — | $7.2M | — | as long as short |
| MEXC PIEVERSE_USDT | +0.0590% | 4h | 1.8483 | −0.005% | $2.5M | $883K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0592% | 4h | 1.8484 | 0.000% | $22.0M | $31.1M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0592% | 1h | 1.8482 | −0.012% | $41K | $160K | 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 | +0.0601% | 4h | 1.8416 | −0.367% | $38K | $441K | 10x | as long as short |
| Aster PIEVERSEUSDT | +0.0626% | 4h | 1.8437 | −0.255% | $171K | $292K | 5x | as long as short |
| BloFin PIEVERSE-USDTshort | +0.0649% | 4h | 1.8414 | −0.379% | $1.1M | $2.5M | 40x | |
| KuCoin PIEVERSEUSDTM | +0.0656% | 4h | 1.8467 | −0.090% | $14.0M | $2.9M | 20x | as long as short |
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
edgeX PIEVERSEUSDC
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM