Funding you earn now, next payment 12:00 UTC+0.0083%/8h= +9.0% APRnext payment +$0.41 per $10,000 · paid last 24h −0.043%
Price spread now: OKX against MEXC−0.082%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days−0.492%−$49 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.082%, 7d avg −0.059%
=Funding pays, the price is against you. OKX is 0.023% cheaper against MEXC than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of −0.059%). If the spread goes back, that is −$2 on $10k: about 22 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.492%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PIEVERSE_USDT | 1.8231 | 0.0432 | pay 0.0216% / 4h | 3h 52m | $2.6M | $796K | 20x |
| Short | OKX PIEVERSE-USDT-SWAP | 1.8216 | 0.0515 | get 0.0257% / 4h | 3h 52m | $7.2M | $16.5M | 20x |
MEXC PIEVERSE_USDT
OKX PIEVERSE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $17.33
- Price spread: −0.082% → −0.059%
- −$2.3
- Slippage, 4 orders
- −$60.11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$59.08
- Costs to cover
- 0.741%
- Break-even
- 30.9 days
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 1 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, 4 min ago | 2.19 bp | 13.4 bp −$13 | 76.7 bp −$767 | 334.6 bp −$33.5K | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.47 bp | 19.2 bp −$19 | 125.0 bp −$1,250 | 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 | 1.8213 | −0.100% | $10.9M | $10.0M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8205 | −0.143% | $8.4M | $3.2M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8238 | +0.041% | $4.0M | $2.0M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8204 | −0.145% | $47K | $12K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8196 | −0.192% | $2K | $715K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0429% | 4h | 1.8232 | +0.005% | $21.6M | $26.3M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0432% | 1h | 1.8215 | −0.088% | $44K | $261K | 5x | as long as short |
| MEXC PIEVERSE_USDTlong | +0.0432% | 4h | 1.8231 | long leg | $2.6M | $796K | 20x | |
| edgeX PIEVERSEUSDC | +0.0435% | 4h | 1.8204 | −0.150% | $37K | $434K | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0487% | 4h | 1.8231 | 0.000% | $1.1M | $2.3M | 40x | as long as short |
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PIEVERSE-USDT-SWAPshort | +0.0515% | 4h | 1.8216 | −0.082% | $7.2M | $16.5M | 20x | |
| Aster PIEVERSEUSDT | +0.0557% | 4h | 1.8213 | −0.099% | $170K | $213K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0716% | 4h | 1.8236 | +0.027% | $13.9M | $2.3M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.1748% | 4h | 1.8220 | −0.060% | — | $7.1M | — | as long as short |
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
BingX PIEVERSE-USDT