Funding you earn now, next payment 08:00 UTC+0.0321%/8h= +35.1% APRnext payment +$1.60 per $10,000 · paid last 24h +0.099%
Price spread now: KuCoin against OKX−0.110%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1011.013% of the position
Funding, last 7 days+0.728%+$73 on $10k
+Price spread, last 7 days+0.118%+$12 · spread now −0.110%, 7d avg +0.002%
=Funding pays, the price is against you. KuCoin is 0.112% cheaper against OKX than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.002%). If the spread goes back, that is −$11 on $10k: about 28 hours of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PIEVERSE-USDT-SWAP | 1.8157 | 0.0465 | pay 0.0233% / 4h | 3h 29m | $7.2M | $17.7M | 20x |
| Short | KuCoin PIEVERSEUSDTM | 1.8137 | 0.0786 | get 0.0393% / 4h | 3h 29m | $13.8M | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $67.37
- Price spread: −0.110% → +0.002%
- −$11.21
- Slippage, 4 orders
- −$79.26
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$45.09
- Costs to cover
- 1.013%
- Break-even
- 11.7 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 4 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, 3 min ago | 2.46 bp | 25.5 bp −$26 | 189.5 bp −$1,895 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.04 bp | 33.5 bp −$33 | 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 | 1.8143 | −0.077% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8165 | +0.043% | $3.9M | $2.1M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8233 | +0.418% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8236 | +0.435% | $2K | $690K | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0416% | 1h | 1.8143 | −0.079% | $40K | $257K | 5x | as long as short |
| Binance PIEVERSEUSDT | +0.0418% | 4h | 1.8139 | −0.098% | $21.5M | $27.1M | 20x | as long as short |
| MEXC PIEVERSE_USDT | +0.0420% | 4h | 1.8149 | −0.044% | $2.5M | $848K | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0428% | 4h | 1.8230 | +0.404% | $37K | $435K | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0457% | 4h | 1.8234 | +0.424% | $1.1M | $2.4M | 40x | as long as short |
| OKX PIEVERSE-USDT-SWAPlong | +0.0465% | 4h | 1.8157 | long leg | $7.2M | $17.7M | 20x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0541% | 4h | 1.8127 | −0.165% | $10.8M | $10.6M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0610% | 4h | 1.8135 | −0.121% | — | $7.1M | — | as long as short |
| Aster PIEVERSEUSDT | +0.0712% | 4h | 1.8166 | +0.050% | $166K | $240K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0786% | 4h | 1.8137 | −0.110% | $13.8M | $2.4M | 20x |
OKX PIEVERSE-USDT-SWAP
KuCoin PIEVERSEUSDTM
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Extended PIEVERSE-USD
Binance PIEVERSEUSDT
MEXC PIEVERSE_USDT
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDT
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
Aster PIEVERSEUSDT