Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.081%
Price spread now: Binance against BingX+0.039%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$910.909% of the position
Funding, last 7 days+0.225%+$22 on $10k
+Price spread, last 7 days+0.059%+$6 · spread now +0.039%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.023% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PIEVERSE-USDT | 1.8224 | 0.0468 | pay 0.0234% / 4h | 2h 55m | — | $7.1M | — |
| Short | Binance PIEVERSEUSDT | 1.8231 | 0.0500 | get 0.0250% / 4h | 2h 55m | $21.7M | $27.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $6.64
- Price spread: +0.039% → +0.016%
- $2.33
- Slippage, 4 orders
- −$70.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.89
- Costs to cover
- 0.909%
- Break-even
- 93.3 days
Slippage from BingX: live order book, 12 min ago; Binance: 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 BingX live order book, 12 min ago | 2.45 bp | 24.9 bp −$25 | 64.0 bp −$640 | 975.5 bp −$97.6K | 1397.6 bp −$698.8K |
| Sell Binance live order book, 1 min ago | 0.82 bp | 24.0 bp −$24 | 127.8 bp −$1,278 | 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 | 1.8212 | −0.066% | $8.3M | $3.3M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8221 | −0.015% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8236 | +0.066% | $2K | $664K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0112% | 4h | 1.8229 | +0.028% | $3.9M | $2.4M | 10x | as long as short |
| Bybit PIEVERSEUSDT | +0.0177% | 4h | 1.8226 | +0.010% | $11.0M | $11.1M | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0316% | 4h | 1.8222 | −0.011% | $7.3M | $18.5M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0440% | 4h | 1.8233 | +0.049% | $1.1M | $2.4M | 40x | as long as short |
| BingX PIEVERSE-USDTlong | +0.0468% | 4h | 1.8224 | long leg | — | $7.1M | — | |
| Extended PIEVERSE-USD | +0.0496% | 1h | 1.8233 | +0.051% | $41K | $241K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0498% | 4h | 1.8227 | +0.016% | $2.4M | $832K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDTshort | +0.0500% | 4h | 1.8231 | +0.039% | $21.7M | $27.8M | 20x | |
| edgeX PIEVERSEUSDC | +0.0517% | 4h | 1.8253 | +0.161% | $37K | $430K | 10x | as long as short |
| Aster PIEVERSEUSDT | +0.0556% | 4h | 1.8240 | +0.089% | $168K | $264K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0754% | 4h | 1.8234 | +0.055% | $13.9M | $2.6M | 20x | as long as short |
BingX PIEVERSE-USDT
Binance PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
Bybit PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
edgeX PIEVERSEUSDC
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM