Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against BingX+0.016%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$880.875% of the position
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.016%, 7d avg −0.048%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.064% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.048%. Mind the row above: over the last 7 days funding on this pair cost −0.284%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PIEVERSE-USDT | 1.8397 | 0.0446 | pay 0.0223% / 4h | 28m 11s | — | $7.1M | — |
| Short | OKX PIEVERSE-USDT-SWAP | 1.8400 | 0.0468 | get 0.0234% / 4h | 28m 11s | $7.3M | $17.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $4.64
- Price spread: +0.016% → −0.048%
- $6.42
- Slippage, 4 orders
- −$67.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$76.46
- Costs to cover
- 0.875%
- Break-even
- 122.3 days
Slippage from BingX: live order book, 9 min ago; OKX: 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, 9 min ago | 2.73 bp | 22.4 bp −$22 | 95.6 bp −$956 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.54 bp | 17.0 bp −$17 | 151.8 bp −$1,518 | 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 | 1.8392 | −0.027% | $10.9M | $10.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8389 | −0.043% | $8.4M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8410 | +0.069% | $4.0M | $2.2M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8428 | +0.170% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8416 | +0.103% | $1K | $678K | 20x | as long as short |
| BingX PIEVERSE-USDTlong | +0.0446% | 4h | 1.8397 | long leg | — | $7.1M | — | |
| OKX PIEVERSE-USDT-SWAPshort | +0.0468% | 4h | 1.8400 | +0.016% | $7.3M | $17.9M | 20x | |
| edgeX PIEVERSEUSDC | +0.0473% | 4h | 1.8427 | +0.163% | $38K | $435K | 10x | as long as short |
| MEXC PIEVERSE_USDT | +0.0478% | 4h | 1.8402 | +0.027% | $2.6M | $848K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0480% | 4h | 1.8396 | −0.005% | $21.8M | $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 | |
|---|---|---|---|---|---|---|---|---|
| Extended PIEVERSE-USD | +0.0480% | 1h | 1.8396 | −0.004% | $42K | $252K | 5x | as long as short |
| BloFin PIEVERSE-USDT | +0.0500% | 4h | 1.8425 | +0.152% | $1.1M | $2.4M | 40x | as long as short |
| Aster PIEVERSEUSDT | +0.0764% | 4h | 1.8432 | +0.189% | $168K | $246K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0888% | 4h | 1.8398 | +0.004% | $14.0M | $2.4M | 20x | as long as short |
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
edgeX PIEVERSEUSDC
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
BloFin PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM