PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0358%/8h= −39.2% APRnext payment −$1.79 per $10,000 · paid last 24h −0.038%

Price spread now: Binance against KuCoin+0.039%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1051.052% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.222%−$22 on $10k

Price spread, last 7 days+0.052%+$5 · spread now +0.039%, 7d avg +0.060%

Together, before fees−0.171%−$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Binance is 0.021% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.060%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.222% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.79 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	KuCoin PIEVERSEUSDTM	1.8229	0.0778	pay 0.0389% / 4h	3h 30m	$13.8M	$2.4M	20x
Short	Binance PIEVERSEUSDT	1.8236	0.0420	get 0.0210% / 4h	3h 30m	$21.6M	$27.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.039%Rate

Funding earned: −$75.13
Price spread: +0.039% → +0.060%: −$2.09
Slippage, 4 orders: −$83.2
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$182.42
Costs to cover: 1.052%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 11 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 KuCoin live order book, 3 min ago	5.04 bp	19.6 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.27 bp	28.2 bp −$28	136.4 bp −$1,364	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	1.8211	−0.098%	$8.3M	$3.4M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8231	+0.011%	$3.9M	$2.1M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8233	+0.021%	$49K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8221	−0.043%	$2K	$690K	20x	as long as short
MEXC PIEVERSE_USDT	+0.0418%	4h	1.8237	+0.044%	$2.6M	$847K	20x	as long as short
Binance PIEVERSEUSDTshort	+0.0420%	4h	1.8236	+0.039%	$21.6M	$27.1M	20x
Extended PIEVERSE-USD	+0.0424%	1h	1.8244	+0.081%	$40K	$257K	5x	as long as short
edgeX PIEVERSEUSDC	+0.0428%	4h	1.8230	+0.008%	$37K	$435K	10x	as long as short
BloFin PIEVERSE-USDT	+0.0457%	4h	1.8234	+0.028%	$1.1M	$2.4M	40x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0459%	4h	1.8235	+0.033%	$7.2M	$17.8M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit PIEVERSEUSDT	+0.0560%	4h	1.8225	−0.021%	$10.9M	$10.6M	20x	as long as short
BingX PIEVERSE-USDT	+0.0610%	4h	1.8243	+0.077%	—	$7.1M	—	as long as short
Aster PIEVERSEUSDT	+0.0712%	4h	1.8194	−0.191%	$166K	$240K	5x	as long as short
KuCoin PIEVERSEUSDTMlong	+0.0778%	4h	1.8229	long leg	$13.8M	$2.4M	20x