Funding you earn now, next payment 08:00 UTC−0.0359%/8h= −39.3% APRnext payment −$1.79 per $10,000 · paid last 24h −0.100%
Price spread now: SunX against OKX−0.077%7-day average −0.147% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.077%, 7d avg −0.147%
=The price spread pays, funding is against you. SunX is 0.070% dearer against OKX than usual: you sell high and buy low (spread −0.077% now, against its 7-day average of −0.147%): +$7 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.134% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.134% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.79 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 | OKX PIEVERSE-USDT-SWAP | 1.8235 | 0.0459 | pay 0.0229% / 4h | 3h 30m | $7.2M | $17.8M | 20x |
| Short | SunX PIEVERSE-USDT | 1.8221 | 0.0100 | get 0.0050% / 4h | 3h 30m | $2K | $690K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$75.32
- Price spread: −0.077% → −0.147%
- $7.02
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$86.29
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 min ago; SunX: live order book, 51 min ago. Net counts fees only.
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 SunX live order book, 51 min ago | 500.12 bp | doesn't fit | 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 | 1.8211 | −0.132% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8231 | −0.022% | $3.9M | $2.1M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8233 | −0.012% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDTshort | +0.0100% | 4h | 1.8221 | −0.077% | $2K | $690K | 20x | |
| MEXC PIEVERSE_USDT | +0.0418% | 4h | 1.8237 | +0.011% | $2.6M | $847K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0420% | 4h | 1.8236 | +0.005% | $21.6M | $27.1M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0424% | 1h | 1.8244 | +0.048% | $40K | $257K | 5x | as long as short |
| edgeX PIEVERSEUSDC | +0.0428% | 4h | 1.8230 | −0.026% | $37K | $435K | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0457% | 4h | 1.8234 | −0.005% | $1.1M | $2.4M | 40x | as long as short |
| OKX PIEVERSE-USDT-SWAPlong | +0.0459% | 4h | 1.8235 | long leg | $7.2M | $17.8M | 20x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0560% | 4h | 1.8225 | −0.055% | $10.9M | $10.6M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0610% | 4h | 1.8243 | +0.044% | — | $7.1M | — | as long as short |
| Aster PIEVERSEUSDT | +0.0712% | 4h | 1.8194 | −0.225% | $166K | $240K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0778% | 4h | 1.8229 | −0.033% | $13.8M | $2.4M | 20x | as long as short |
OKX PIEVERSE-USDT-SWAP
SunX PIEVERSE-USDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDT
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM