PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0462%/8h= −50.5% APRnext payment −$2.31 per $10,000 · paid last 24h −0.072%

Price spread now: OKX against Binance−0.017%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$890.892% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.495%−$50 on $10k

Price spread, last 7 days−0.102%−$10 · spread now −0.017%, 7d avg −0.067%

Together, before fees−0.598%−$60 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.049% dearer against Binance than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.067%): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PIEVERSEUSDT	1.8351	0.0601	pay 0.0300% / 4h	1h 21m	$21.8M	$31.1M	20x
Short	OKX PIEVERSE-USDT-SWAP	1.8348	0.0139	get 0.0070% / 4h	1h 21m	$7.3M	$21.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$96.92
Price spread: −0.017% → −0.067%: $4.92
Slippage, 4 orders: −$69.18
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$181.18
Costs to cover: 0.892%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; OKX: live order book, 2 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 OKX live order book, 2 min ago	1.63 bp	21.2 bp −$21	139.6 bp −$1,396	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	1.8348	−0.017%	$8.3M	$3.9M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8225	−0.687%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8400	+0.266%	$1K	$670K	20x	as long as short
OKX PIEVERSE-USDT-SWAPshort	+0.0139%	4h	1.8348	−0.017%	$7.3M	$21.4M	20x
Bitget PIEVERSEUSDT	+0.0282%	4h	1.8360	+0.048%	$4.0M	$2.9M	10x	as long as short
Bybit PIEVERSEUSDT	+0.0431%	4h	1.8343	−0.045%	$11.0M	$12.2M	20x	as long as short
BingX PIEVERSE-USDT	+0.0566%	4h	1.8352	+0.004%	—	$7.2M	—	as long as short
edgeX PIEVERSEUSDC	+0.0580%	4h	1.8266	−0.464%	$38K	$439K	10x	as long as short
Extended PIEVERSE-USD	+0.0592%	1h	1.8351	−0.002%	$41K	$160K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0594%	4h	1.8357	+0.032%	$2.5M	$879K	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	+0.0601%	4h	1.8351	long leg	$21.8M	$31.1M	20x
BloFin PIEVERSE-USDT	+0.0605%	4h	1.8387	+0.195%	$1.1M	$2.5M	40x	as long as short
Aster PIEVERSEUSDT	+0.0607%	4h	1.8364	+0.069%	$171K	$292K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0618%	4h	1.8380	+0.157%	$13.9M	$2.9M	20x	as long as short