PI funding rates and arbitrage
Updated 2026-10-29 16:11 UTC
Best PI arbitrage after every cost
No PI pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
PI funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Bitunix | PIUSDT | 0.0050% | 4 h | +10.9% | +3.1% | — | 2026-10-29 20:00 |
| MEXC | PI_USDT | 0.0050% | 4 h | +10.9% | +3.2% | $5.6M | 2026-10-29 20:00 |
| OKX | PI-USDT-SWAP | 0.0050% | 4 h | +10.9% | +3.4% | $2.1M | 2026-10-29 20:00 |
| Bitget | PIUSDT | 0.0050% | 4 h | +10.9% | +7.6% | $4.1M | 2026-10-29 20:00 |
| LBank | PIUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-29 20:00 |
| BingX | PI-USDT | 0.0050% | 4 h | +10.9% | +10.9% | $979.7K | 2026-10-29 20:00 |
| Gate | PI_USDT | 0.0050% | 4 h | +10.9% | +10.9% | $1.2M | 2026-10-29 20:00 |
Borrow PI to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 1.25% | $30K |
| Bitget | 1.34% | — |
| OKX | 3.96% | — |
Cost to enter $10,000 of PI
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| OKX | PI-USDT-SWAP | 7.5 bp | top of book only |
| BingX | PI-USDT | 8.1 bp | top of book only |
| MEXC | PI_USDT | 8.4 bp | top of book only |
| Bitget | PIUSDT | 8.5 bp | top of book only |
| Gate | PI_USDT | 13.8 bp | top of book only |
| Bitget | PIUSDT (spot) | 14.4 bp | top of book only |
| OKX | PI-USDT (spot) | 14.4 bp | top of book only |
| Gate | PI_USDT (spot) | 23.1 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on PI
Questions
Is PI funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no PI pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest PI funding rate?
Bitunix at +10.9% a year (0.0050% every 4 h); the lowest is Gate at +10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.