Funding you earn now, next payment 00:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against Binance+0.105%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$740.739% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.548%+$55 · spread now +0.105%, 7d avg +0.080%
=Together, before fees+0.549%+ Points / potential airdropedgeX: Active · farm board+$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.024% dearer against Binance than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of +0.080%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIEVERSEUSDT | 1.8375 | 0.0583 | pay 0.0291% / 4h | 1h 59m | $21.9M | $31.2M | 20x |
| Short | edgeX PIEVERSEUSDC | 1.8395 | 0.0564 | get 0.0282% / 4h | 1h 59m | $38K | $440K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$3.99
- Price spread: +0.105% → +0.080%
- $2.44
- Slippage, 4 orders
- −$54.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$75.43
- Costs to cover
- 0.739%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; edgeX: live order book, 24 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, 12 min ago | 0.54 bp | 25.5 bp −$25 | 186.0 bp −$1,860 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 24 min ago | 4.61 bp | 13.1 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PIEVERSE-USDT-SWAP | +0.0100% | 4h | 1.8380 | +0.025% | $7.3M | $21.5M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8348 | −0.150% | $8.3M | $3.8M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8368 | −0.042% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8353 | −0.122% | $1K | $663K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0248% | 4h | 1.8373 | −0.012% | $4.0M | $2.9M | 10x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0542% | 4h | 1.8353 | −0.122% | $13.8M | $2.9M | 20x | as long as short |
| edgeX PIEVERSEUSDCshort | +0.0564% | 4h | 1.8395 | +0.105% | $38K | $440K | 10x | |
| BloFin PIEVERSE-USDT | +0.0573% | 4h | 1.8394 | +0.101% | $1.1M | $2.5M | 40x | as long as short |
| Bybit PIEVERSEUSDT | +0.0579% | 4h | 1.8364 | −0.061% | $11.1M | $12.1M | 20x | as long as short |
| MEXC PIEVERSE_USDT | +0.0582% | 4h | 1.8377 | +0.008% | $2.5M | $872K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PIEVERSEUSDT | +0.0582% | 4h | 1.8379 | +0.019% | $172K | $292K | 5x | as long as short |
| Binance PIEVERSEUSDTlong | +0.0583% | 4h | 1.8375 | long leg | $21.9M | $31.2M | 20x | |
| Extended PIEVERSE-USD | +0.0584% | 1h | 1.8373 | −0.014% | $41K | $160K | 5x | as long as short |
| BingX PIEVERSE-USDT | +0.0632% | 4h | 1.8376 | +0.003% | — | $7.2M | — | as long as short |
Binance PIEVERSEUSDT
edgeX PIEVERSEUSDC
OKX PIEVERSE-USDT-SWAP
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
BloFin PIEVERSE-USDT
Bybit PIEVERSEUSDT
MEXC PIEVERSE_USDT
Aster PIEVERSEUSDT
Extended PIEVERSE-USD
BingX PIEVERSE-USDT