PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h +0.001%

Price spread now: BingX against OKX−0.016%7-day average +0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$880.875% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.284%+$28 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.016%, 7d avg +0.048%

Together, before fees+0.308%+$31 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.064% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.048%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.284%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PIEVERSE-USDT-SWAP	1.8400	0.0468	pay 0.0234% / 4h	28m 14s	$7.3M	$17.9M	20x
Short	BingX PIEVERSE-USDT	1.8397	0.0446	get 0.0223% / 4h	28m 14s	—	$7.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$4.64
Price spread: −0.016% → +0.048%: −$6.42
Slippage, 4 orders: −$67.52
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$98.57
Costs to cover: 0.875%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; BingX: live order book, 9 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 OKX live order book, 5 min ago	0.54 bp	24.1 bp −$24	151.9 bp −$1,519	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	2.73 bp	24.1 bp −$24	88.2 bp −$882	971.3 bp −$97.1K	1360.5 bp −$680.2K

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	1.8392	−0.043%	$10.9M	$10.6M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8389	−0.060%	$8.4M	$3.4M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8410	+0.053%	$4.0M	$2.2M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8428	+0.154%	$49K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8416	+0.087%	$1K	$678K	20x	as long as short
BingX PIEVERSE-USDTshort	+0.0446%	4h	1.8397	−0.016%	—	$7.1M	—
OKX PIEVERSE-USDT-SWAPlong	+0.0468%	4h	1.8400	long leg	$7.3M	$17.9M	20x
edgeX PIEVERSEUSDC	+0.0473%	4h	1.8427	+0.147%	$38K	$435K	10x	as long as short
MEXC PIEVERSE_USDT	+0.0478%	4h	1.8402	+0.011%	$2.6M	$848K	20x	as long as short
Binance PIEVERSEUSDT	+0.0480%	4h	1.8396	−0.022%	$21.8M	$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
Extended PIEVERSE-USD	+0.0480%	1h	1.8396	−0.020%	$42K	$252K	5x	as long as short
BloFin PIEVERSE-USDT	+0.0500%	4h	1.8425	+0.136%	$1.1M	$2.4M	40x	as long as short
Aster PIEVERSEUSDT	+0.0764%	4h	1.8432	+0.173%	$168K	$246K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0888%	4h	1.8398	−0.012%	$14.0M	$2.4M	20x	as long as short