Funding you earn now, next payment 12:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.031%
Price spread now: BingX against Binance−0.033%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$990.994% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now −0.033%, 7d avg −0.013%
=Funding pays, the price is against you. BingX is 0.020% cheaper against Binance than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of −0.013%). If the spread goes back, that is −$2 on $10k: about 2.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.223%, 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 | Binance PIEVERSEUSDT | 1.8093 | 0.0345 | pay 0.0173% / 4h | 1h 27m | $21.4M | $23.7M | 20x |
| Short | BingX PIEVERSE-USDT | 1.8087 | 0.0370 | get 0.0185% / 4h | 1h 27m | — | $7.0M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $5.18
- Price spread: −0.033% → −0.013%
- −$2.01
- Slippage, 4 orders
- −$79.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$96.27
- Costs to cover
- 0.994%
- Break-even
- 137.0 days
Slippage from Binance: live order book, 6 min ago; BingX: live order book, 3 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 Binance live order book, 6 min ago | 0.28 bp | 25.2 bp −$25 | 236.5 bp −$2,365 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 2.77 bp | 25.1 bp −$25 | 101.1 bp −$1,011 | 1051.1 bp −$105.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0100% | 4h | 1.8066 | −0.151% | $10.8M | $9.1M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8065 | −0.155% | $8.3M | $3.0M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8093 | −0.002% | $3.9M | $1.8M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8055 | −0.211% | $47K | $9K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8059 | −0.188% | $2K | $709K | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0300% | 4h | 1.8065 | −0.155% | $172K | $186K | 5x | as long as short |
| Extended PIEVERSE-USD | +0.0344% | 1h | 1.8086 | −0.041% | $46K | $262K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0344% | 4h | 1.8088 | −0.028% | $2.5M | $762K | 20x | as long as short |
| Binance PIEVERSEUSDTlong | +0.0345% | 4h | 1.8093 | long leg | $21.4M | $23.7M | 20x | |
| OKX PIEVERSE-USDT-SWAP | +0.0346% | 4h | 1.8102 | +0.050% | $7.2M | $14.0M | 20x | as long as short |
Show all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX PIEVERSEUSDC | +0.0365% | 4h | 1.8071 | −0.121% | $37K | $436K | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0368% | 4h | 1.8099 | +0.033% | $1.1M | $2.1M | 40x | as long as short |
| BingX PIEVERSE-USDTshort | +0.0370% | 4h | 1.8087 | −0.033% | — | $7.0M | — | |
| KuCoin PIEVERSEUSDTM | +0.0732% | 4h | 1.8089 | −0.024% | $13.9M | $1.9M | 20x | as long as short |
Binance PIEVERSEUSDT
BingX PIEVERSE-USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Aster PIEVERSEUSDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
OKX PIEVERSE-USDT-SWAP
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDT
KuCoin PIEVERSEUSDTM