Funding you earn now, next payment 08:00 UTC+0.0345%/8h= +37.8% APRnext payment +$1.72 per $10,000 · paid last 24h +0.035%
Price spread now: KuCoin against edgeX+0.072%7-day average −0.133% · 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−$55as in the Price arb table
costs, in and out, $10k−$750.751% of the position
Funding, last 7 days+0.219%+$22 on $10k
+Price spread, last 4 days (all we have)−0.550%−$55 · spread now +0.072%, 7d avg −0.133%
=Together, before fees−0.331%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.205% dearer against edgeX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.133%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.219% in total (about 11.4% 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 | edgeX PIEVERSEUSDC | 1.8152 | 0.0501 | pay 0.0251% / 4h | 2h 35m | $37K | $431K | 10x |
| Short | KuCoin PIEVERSEUSDTM | 1.8165 | 0.0846 | get 0.0423% / 4h | 2h 35m | $13.8M | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- $72.43
- Price spread: +0.072% → −0.133%
- $20.46
- Slippage, 4 orders
- −$54.13
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $17.75
- Costs to cover
- 0.751%
- Break-even
- 5.3 days
Slippage from edgeX: live order book, 13 min ago; KuCoin: live order book, 8 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 edgeX live order book, 13 min ago | 4.68 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 11.32 bp | 25.4 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 | 1.8167 | +0.082% | $10.9M | $10.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8143 | −0.051% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8149 | −0.017% | $48K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8126 | −0.144% | $2K | $696K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0152% | 4h | 1.8189 | +0.202% | $3.9M | $2.1M | 10x | as long as short |
| MEXC PIEVERSE_USDT | +0.0478% | 4h | 1.8176 | +0.131% | $2.5M | $816K | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0480% | 1h | 1.8177 | +0.135% | $39K | $209K | 5x | as long as short |
| Binance PIEVERSEUSDT | +0.0480% | 4h | 1.8180 | +0.153% | $21.5M | $27.1M | 20x | as long as short |
| edgeX PIEVERSEUSDClong | +0.0501% | 4h | 1.8152 | long leg | $37K | $431K | 10x | |
| BloFin PIEVERSE-USDT | +0.0531% | 4h | 1.8161 | +0.049% | $1.1M | $2.3M | 40x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIEVERSE-USDT | +0.0534% | 4h | 1.8174 | +0.120% | — | $7.1M | — | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0566% | 4h | 1.8173 | +0.115% | $7.2M | $17.6M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0706% | 4h | 1.8164 | +0.065% | $168K | $240K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0846% | 4h | 1.8165 | +0.072% | $13.8M | $2.4M | 20x |
edgeX PIEVERSEUSDC
KuCoin PIEVERSEUSDTM
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
MEXC PIEVERSE_USDT
Extended PIEVERSE-USD
Binance PIEVERSEUSDT
BloFin PIEVERSE-USDT
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT