Funding you earn now, next payment 08:00 UTC−0.0344%/8h= −37.7% APRnext payment −$1.72 per $10,000 · paid last 24h +0.062%
Price spread now: edgeX against BingX+0.081%85s7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)+0.538%+$54 · spread now +0.081%, 7d avg +0.036%
=Together, before fees+0.766%+ Points / potential airdropedgeX: Active · farm board+$77 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.044% dearer against BingX than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of +0.036%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.227%, so the current rate has only just turned against you. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.227% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PIEVERSE-USDT | 1.8224 | 0.0770 | pay 0.0385% / 4h | 3h 32m | — | $7.1M | — |
| Short | edgeX PIEVERSEUSDC | 1.8239 | 0.0426 | get 0.0213% / 4h | 3h 32m | $37K | $435K | 10x |
BingX PIEVERSE-USDT
edgeX PIEVERSEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$72.26
- Price spread: +0.081% → +0.036%
- $4.41
- Slippage, 4 orders
- −$57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$143.85
- Costs to cover
- 0.760%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; edgeX: live order book, 21 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, 6 min ago | 3.57 bp | 26.6 bp −$27 | 97.2 bp −$972 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 21 min ago | 4.79 bp | 13.0 bp −$13 | doesn't fit | 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 | 1.8210 | −0.077% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8229 | +0.030% | $3.9M | $2.1M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8189 | −0.190% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8199 | −0.137% | $2K | $690K | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0372% | 4h | 1.8228 | +0.022% | $1.1M | $2.4M | 40x | as long as short |
| Extended PIEVERSE-USD | +0.0416% | 1h | 1.8229 | +0.025% | $40K | $257K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0418% | 4h | 1.8229 | +0.027% | $2.6M | $847K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0420% | 4h | 1.8227 | +0.016% | $21.6M | $27.1M | 20x | as long as short |
| edgeX PIEVERSEUSDCshort | +0.0426% | 4h | 1.8239 | +0.081% | $37K | $435K | 10x | |
| OKX PIEVERSE-USDT-SWAP | +0.0451% | 4h | 1.8234 | +0.055% | $7.2M | $17.8M | 20x | as long as short |
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
BloFin PIEVERSE-USDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAPShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0651% | 4h | 1.8221 | −0.016% | $10.9M | $10.6M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0714% | 4h | 1.8200 | −0.130% | $166K | $240K | 5x | as long as short |
| BingX PIEVERSE-USDTlong | +0.0770% | 4h | 1.8224 | long leg | — | $7.1M | — | |
| KuCoin PIEVERSEUSDTM | +0.0782% | 4h | 1.8211 | −0.074% | $13.8M | $2.4M | 20x | as long as short |
Bybit PIEVERSEUSDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM