Funding you earn now, next payment 04:00 UTC+0.0394%/8h= +43.1% APRnext payment +$1.97 per $10,000 · paid last 24h +0.098%
Price spread now: KuCoin against BingX+0.022%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1001.003% of the position
Funding, last 7 days+0.425%+$43 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.022%, 7d avg −0.045%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and KuCoin is 0.068% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PIEVERSE-USDT | 1.8262 | 0.0466 | pay 0.0233% / 4h | 1h 13m | — | $7.1M | — |
| Short | KuCoin PIEVERSEUSDTM | 1.8266 | 0.0860 | get 0.0430% / 4h | 1h 13m | $13.9M | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $82.74
- Price spread: +0.022% → −0.045%
- $6.77
- Slippage, 4 orders
- −$78.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$10.78
- Costs to cover
- 1.003%
- Break-even
- 7.9 days
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 5 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, 4 min ago | 3.31 bp | 21.3 bp −$21 | 89.5 bp −$895 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 10.53 bp | 24.7 bp −$25 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0100% | 4h | 1.8234 | −0.153% | $10.8M | $10.7M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8234 | −0.153% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8280 | +0.096% | $4.0M | $2.2M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8219 | −0.233% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8228 | −0.186% | $2K | $674K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0423% | 4h | 1.8246 | −0.088% | $7.2M | $17.8M | 20x | as long as short |
| BingX PIEVERSE-USDTlong | +0.0466% | 4h | 1.8262 | long leg | — | $7.1M | — | |
| Extended PIEVERSE-USD | +0.0488% | 1h | 1.8257 | −0.027% | $39K | $249K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0488% | 4h | 1.8243 | −0.104% | $2.6M | $852K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0496% | 4h | 1.8273 | +0.058% | $21.7M | $27.0M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX PIEVERSEUSDC | +0.0500% | 4h | 1.8149 | −0.621% | $37K | $434K | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0529% | 4h | 1.8249 | −0.071% | $1.1M | $2.3M | 40x | as long as short |
| Aster PIEVERSEUSDT | +0.0695% | 4h | 1.8264 | +0.011% | $166K | $254K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0860% | 4h | 1.8266 | +0.022% | $13.9M | $2.4M | 20x |
BingX PIEVERSE-USDT
KuCoin PIEVERSEUSDTM
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDT
Aster PIEVERSEUSDT