Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.080%
Price spread now: BingX against Binance−0.033%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$910.906% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now −0.033%, 7d avg −0.014%
=The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIEVERSEUSDT | 1.8440 | 0.0475 | pay 0.0237% / 4h | 30m 19s | $21.9M | $27.0M | 20x |
| Short | BingX PIEVERSE-USDT | 1.8434 | 0.0446 | get 0.0223% / 4h | 30m 19s | — | $7.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$5.99
- Price spread: −0.033% → −0.014%
- −$1.86
- Slippage, 4 orders
- −$70.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$98.4
- Costs to cover
- 0.906%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; BingX: 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 Binance live order book, 11 min ago | 0.82 bp | 20.0 bp −$20 | 210.8 bp −$2,108 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 2.73 bp | 24.1 bp −$24 | 88.2 bp −$882 | 971.3 bp −$97.1K | 1360.5 bp −$680.2K |
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 | 1.8422 | −0.098% | $11.0M | $10.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8420 | −0.108% | $8.4M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8447 | +0.039% | $4.0M | $2.2M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8428 | −0.064% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8425 | −0.081% | $2K | $677K | 20x | as long as short |
| BingX PIEVERSE-USDTshort | +0.0446% | 4h | 1.8434 | −0.033% | — | $7.1M | — | |
| edgeX PIEVERSEUSDC | +0.0450% | 4h | 1.8394 | −0.250% | $38K | $434K | 10x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0469% | 4h | 1.8435 | −0.027% | $7.3M | $17.9M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0472% | 1h | 1.8423 | −0.093% | $42K | $252K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0474% | 4h | 1.8444 | +0.022% | $2.6M | $847K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDTlong | +0.0475% | 4h | 1.8440 | long leg | $21.9M | $27.0M | 20x | |
| BloFin PIEVERSE-USDT | +0.0504% | 4h | 1.8449 | +0.049% | $1.1M | $2.4M | 40x | as long as short |
| Aster PIEVERSEUSDT | +0.0754% | 4h | 1.8452 | +0.065% | $168K | $246K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0892% | 4h | 1.8451 | +0.062% | $14.0M | $2.4M | 20x | as long as short |
Binance PIEVERSEUSDT
BingX PIEVERSE-USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
edgeX PIEVERSEUSDC
OKX PIEVERSE-USDT-SWAP
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
BloFin PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM