Funding you earn now, next payment 00:00 UTC−0.0007%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.047%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.047%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.046% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIEVERSEUSDT | 1.8347 | 0.0601 | pay 0.0300% / 4h | 1h 21m | $21.8M | $31.1M | 20x |
| Short | MEXC PIEVERSE_USDT | 1.8356 | 0.0594 | get 0.0297% / 4h | 1h 21m | $2.5M | $879K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$1.37
- Price spread: +0.047% → +0.001%
- $4.65
- Slippage, 4 orders
- −$45.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$56.02
- Costs to cover
- 0.593%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; MEXC: 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 Binance live order book, 5 min ago | 0.27 bp | 18.6 bp −$19 | 165.4 bp −$1,654 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.27 bp | 8.1 bp −$8 | 64.8 bp −$648 | 465.2 bp −$46.5K | 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 | 1.8330 | −0.095% | $8.3M | $3.9M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8225 | −0.666% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8334 | −0.073% | $2K | $670K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0135% | 4h | 1.8351 | +0.020% | $7.3M | $21.4M | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0282% | 4h | 1.8357 | +0.052% | $4.0M | $2.9M | 10x | as long as short |
| Bybit PIEVERSEUSDT | +0.0431% | 4h | 1.8339 | −0.043% | $11.0M | $12.2M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0566% | 4h | 1.8349 | +0.009% | — | $7.2M | — | as long as short |
| edgeX PIEVERSEUSDC | +0.0580% | 4h | 1.8266 | −0.443% | $38K | $439K | 10x | as long as short |
| MEXC PIEVERSE_USDTshort | +0.0594% | 4h | 1.8356 | +0.047% | $2.5M | $879K | 20x | |
| Extended PIEVERSE-USD | +0.0600% | 1h | 1.8343 | −0.024% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDTlong | +0.0601% | 4h | 1.8347 | long leg | $21.8M | $31.1M | 20x | |
| BloFin PIEVERSE-USDT | +0.0605% | 4h | 1.8387 | +0.216% | $1.1M | $2.5M | 40x | as long as short |
| Aster PIEVERSEUSDT | +0.0607% | 4h | 1.8364 | +0.092% | $171K | $292K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0618% | 4h | 1.8364 | +0.090% | $13.9M | $2.9M | 20x | as long as short |
Binance PIEVERSEUSDT
MEXC PIEVERSE_USDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bitget PIEVERSEUSDT
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
BloFin PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM