Funding you earn now, next payment 04:00 UTC−0.0077%/8h= −8.4% APRnext payment −$0.38 per $10,000 · paid last 24h −0.081%
Price spread now: OKX against edgeX+0.669%61s7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as 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−$720.723% of the position
Funding, last 7 days−0.510%−$51 on $10k
+Price spread, last 4 days (all we have)−2.285%−$228 · spread now +0.669%, 7d avg −0.053%
=Together, before fees−2.795%+ Points / potential airdropedgeX: Active · farm board−$279 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.722% dearer against edgeX than usual: you sell high and buy low (spread +0.669% now, against its 7-day average of −0.053%): +$72 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 days. At the pace of the last 7 days (−0.510% in total) that is about 9.9 days. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PIEVERSEUSDC | 1.8149 | 0.0500 | pay 0.0250% / 4h | 1h 14m | $37K | $434K | 10x |
| Short | OKX PIEVERSE-USDT-SWAP | 1.8270 | 0.0423 | get 0.0212% / 4h | 1h 14m | $7.2M | $17.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$16.08
- Price spread: +0.669% → −0.053%
- $72.16
- Slippage, 4 orders
- −$53.27
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$16.19
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 49 min ago; OKX: live order book, 4 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, 49 min ago | 4.74 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.83 bp | 18.7 bp −$19 | 131.5 bp −$1,315 | 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 | 1.8252 | +0.568% | $10.9M | $10.7M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8224 | +0.415% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8284 | +0.745% | $4.0M | $2.2M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8219 | +0.390% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8275 | +0.696% | $2K | $674K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAPshort | +0.0423% | 4h | 1.8270 | +0.669% | $7.2M | $17.9M | 20x | |
| BingX PIEVERSE-USDT | +0.0466% | 4h | 1.8247 | +0.542% | — | $7.1M | — | as long as short |
| Extended PIEVERSE-USD | +0.0488% | 1h | 1.8255 | +0.584% | $39K | $249K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0488% | 4h | 1.8266 | +0.646% | $2.6M | $852K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0489% | 4h | 1.8252 | +0.569% | $21.6M | $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 PIEVERSEUSDClong | +0.0500% | 4h | 1.8149 | long leg | $37K | $434K | 10x | |
| BloFin PIEVERSE-USDT | +0.0529% | 4h | 1.8249 | +0.553% | $1.1M | $2.3M | 40x | as long as short |
| Aster PIEVERSEUSDT | +0.0687% | 4h | 1.8276 | +0.703% | $166K | $254K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0860% | 4h | 1.8252 | +0.570% | $13.9M | $2.4M | 20x | as long as short |
edgeX PIEVERSEUSDC
OKX PIEVERSE-USDT-SWAP
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
BingX PIEVERSE-USDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
BloFin PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM