Funding you earn now, next payment 04:00 UTC+0.0298%/8h= +32.6% APRnext payment +$1.49 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against MEXC+0.019%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$860.860% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 7 days−0.096%−$10 · spread now +0.019%, 7d avg −0.061%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.080% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.061%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.203% in total (about 10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.49 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 | MEXC PIEVERSE_USDT | 1.7910 | 0.0472 | pay 0.0236% / 4h | 2h 00m | $2.4M | $846K | 20x |
| Short | KuCoin PIEVERSEUSDTM | 1.7913 | 0.0770 | get 0.0385% / 4h | 2h 00m | $13.6M | $2.4M | 20x |
MEXC PIEVERSE_USDT
KuCoin PIEVERSEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- $62.58
- Price spread: +0.019% → −0.061%
- $8.03
- Slippage, 4 orders
- −$69.98
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$15.37
- Costs to cover
- 0.860%
- Break-even
- 8.7 days
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 3 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 MEXC live order book, 1 min ago | 0.28 bp | 10.5 bp −$11 | 69.2 bp −$692 | 391.6 bp −$39.2K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 8.49 bp | 30.9 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
PIEVERSE on 13 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 | 1.7884 | −0.145% | $10.6M | $10.8M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.7882 | −0.156% | $8.2M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.7896 | −0.075% | $3.9M | $2.2M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.7907 | −0.017% | $48K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.7883 | −0.151% | $2K | $669K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0384% | 4h | 1.7902 | −0.045% | $7.1M | $17.8M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0454% | 4h | 1.7892 | −0.101% | — | $7.1M | — | as long as short |
| edgeX PIEVERSEUSDC | +0.0462% | 4h | 1.7943 | +0.185% | $37K | $433K | 10x | as long as short |
| Extended PIEVERSE-USD | +0.0472% | 1h | 1.7913 | +0.016% | $39K | $242K | 5x | as long as short |
| MEXC PIEVERSE_USDTlong | +0.0472% | 4h | 1.7910 | long leg | $2.4M | $846K | 20x |
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
BingX PIEVERSE-USDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USDShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDT | +0.0473% | 4h | 1.7896 | −0.078% | $21.2M | $27.1M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0593% | 4h | 1.7892 | −0.101% | $164K | $256K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0770% | 4h | 1.7913 | +0.019% | $13.6M | $2.4M | 20x |
Binance PIEVERSEUSDT
Aster PIEVERSEUSDT