Funding you earn now, next payment 04:00 UTC−0.0185%/8h= −20.3% APRnext payment −$0.93 per $10,000 · paid last 24h −0.017%
Price spread now: edgeX against KuCoin−0.051%7-day average +0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$890.887% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 3 days (all we have)+0.473%+$47 · spread now −0.051%, 7d avg +0.133%
=Together, before fees+0.272%+ Points / potential airdropedgeX: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.184% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.133%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PIEVERSEUSDTM | 1.8400 | 0.0744 | pay 0.0372% / 4h | 3h 37m | $14.0M | $2.9M | 20x |
| Short | edgeX PIEVERSEUSDC | 1.8390 | 0.0559 | get 0.0279% / 4h | 3h 37m | $38K | $443K | 10x |
KuCoin PIEVERSEUSDTM
edgeX PIEVERSEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- −$38.88
- Price spread: −0.051% → +0.133%
- −$18.38
- Slippage, 4 orders
- −$67.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$145.92
- Costs to cover
- 0.887%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; edgeX: live order book, 36 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, 1 min ago | 11.00 bp | 32.5 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 min ago | 4.60 bp | 12.8 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8352 | −0.259% | $8.3M | $3.5M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8435 | +0.193% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8389 | −0.058% | $1K | $688K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0210% | 4h | 1.8387 | −0.070% | $4.0M | $2.9M | 10x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0320% | 4h | 1.8405 | +0.029% | $7.3M | $21.2M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0558% | 4h | 1.8399 | −0.004% | $1.1M | $2.4M | 40x | as long as short |
| edgeX PIEVERSEUSDCshort | +0.0559% | 4h | 1.8390 | −0.051% | $38K | $443K | 10x | |
| Extended PIEVERSE-USD | +0.0560% | 1h | 1.8390 | −0.055% | $46K | $215K | 5x | as long as short |
| Binance PIEVERSEUSDT | +0.0562% | 4h | 1.8402 | +0.013% | $21.9M | $31.0M | 20x | as long as short |
| MEXC PIEVERSE_USDT | +0.0570% | 4h | 1.8406 | +0.034% | $2.5M | $877K | 20x | as long as short |
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
Extended PIEVERSE-USD
Binance PIEVERSEUSDT
MEXC PIEVERSE_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0590% | 4h | 1.8379 | −0.113% | $11.1M | $12.1M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0607% | 4h | 1.8389 | −0.059% | $170K | $290K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMlong | +0.0744% | 4h | 1.8400 | long leg | $14.0M | $2.9M | 20x | |
| BingX PIEVERSE-USDT | +0.0794% | 4h | 1.8398 | −0.009% | — | $7.2M | — | as long as short |
Bybit PIEVERSEUSDT
Aster PIEVERSEUSDT
BingX PIEVERSE-USDT