Funding you earn now, next payment 12:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.043%
Price spread now: MEXC against OKX−0.011%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$810.811% of the position
Funding, last 7 days+0.492%+$49 on $10k
+Price spread, last 7 days+0.153%+$15 · spread now −0.011%, 7d avg +0.056%
=Funding pays, the price is against you. MEXC is 0.067% cheaper against OKX than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.056%). If the spread goes back, that is −$7 on $10k: about 3.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.492% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PIEVERSE-USDT-SWAP | 1.8644 | 0.0398 | pay 0.0199% / 4h | 11m 22s | $7.4M | $13.2M | 20x |
| Short | MEXC PIEVERSE_USDT | 1.8642 | 0.0470 | get 0.0235% / 4h | 11m 22s | $2.6M | $721K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $15.14
- Price spread: −0.011% → +0.056%
- −$6.72
- Slippage, 4 orders
- −$67.11
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$72.68
- Costs to cover
- 0.811%
- Break-even
- 40.6 days
Slippage from OKX: live order book, 5 min ago; MEXC: 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, 5 min ago | 0.81 bp | 23.3 bp −$23 | 149.2 bp −$1,492 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.54 bp | 24.4 bp −$24 | 70.2 bp −$702 | 430.9 bp −$43.1K | doesn't fit |
PIEVERSE on 14 exchanges
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 | 1.8604 | −0.215% | $8.6M | $2.8M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8613 | −0.165% | $4.0M | $1.6M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8624 | −0.109% | $50K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8616 | −0.150% | $905 | $706K | 20x | as long as short |
| Bybit PIEVERSEUSDT | +0.0367% | 4h | 1.8630 | −0.073% | $11.2M | $8.8M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0393% | 4h | 1.8623 | −0.113% | $179K | $127K | 5x | as long as short |
| OKX PIEVERSE-USDT-SWAPlong | +0.0398% | 4h | 1.8644 | long leg | $7.4M | $13.2M | 20x | |
| BingX PIEVERSE-USDT | +0.0446% | 4h | 1.8641 | −0.016% | — | $7.0M | — | as long as short |
| MEXC PIEVERSE_USDTshort | +0.0470% | 4h | 1.8642 | −0.011% | $2.6M | $721K | 20x | |
| Binance PIEVERSEUSDT | +0.0470% | 4h | 1.8646 | +0.009% | $22.2M | $22.2M | 20x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PIEVERSE-USD | +0.0472% | 1h | 1.8640 | −0.022% | $43K | $293K | 5x | as long as short |
| BloFin PIEVERSE-USDT | +0.0485% | 4h | 1.8628 | −0.086% | $1.1M | $2.1M | 40x | as long as short |
| edgeX PIEVERSEUSDC | +0.0488% | 4h | 1.8618 | −0.137% | $38K | $433K | 10x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0778% | 4h | 1.8634 | −0.053% | $14.3M | $1.8M | 20x | as long as short |
OKX PIEVERSE-USDT-SWAP
MEXC PIEVERSE_USDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bybit PIEVERSEUSDT
Aster PIEVERSEUSDT
BingX PIEVERSE-USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
BloFin PIEVERSE-USDT
edgeX PIEVERSEUSDC
KuCoin PIEVERSEUSDTM