Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance−0.001%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$720.717% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.001%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIEVERSEUSDT | 1.8125 | 0.0511 | pay 0.0256% / 4h | 1h 46m | $21.4M | $27.4M | 20x |
| Short | MEXC PIEVERSE_USDT | 1.8125 | 0.0510 | get 0.0255% / 4h | 1h 46m | $2.6M | $818K | 20x |
Binance PIEVERSEUSDT
MEXC PIEVERSE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$0.24
- Price spread: −0.001% → 0.000%
- −$0.08
- Slippage, 4 orders
- −$57.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$72.04
- Costs to cover
- 0.717%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; MEXC: live order book, just now.
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, 10 min ago | 0.28 bp | 23.3 bp −$23 | 235.9 bp −$2,359 | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 0.28 bp | 20.9 bp −$21 | 64.2 bp −$642 | 276.5 bp −$27.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0100% | 4h | 1.8117 | −0.045% | $10.9M | $10.7M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8085 | −0.222% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8152 | +0.148% | $48K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8115 | −0.056% | $1K | $706K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0170% | 4h | 1.8133 | +0.040% | $3.9M | $2.1M | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0471% | 4h | 1.8146 | +0.115% | $1.1M | $2.3M | 40x | as long as short |
| edgeX PIEVERSEUSDC | +0.0497% | 4h | 1.8027 | −0.540% | $37K | $433K | 10x | as long as short |
| MEXC PIEVERSE_USDTshort | +0.0510% | 4h | 1.8125 | −0.001% | $2.6M | $818K | 20x | |
| Binance PIEVERSEUSDTlong | +0.0511% | 4h | 1.8125 | long leg | $21.4M | $27.4M | 20x | |
| Extended PIEVERSE-USD | +0.0512% | 1h | 1.8121 | −0.025% | $41K | $207K | 5x | as long as short |
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
BloFin PIEVERSE-USDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIEVERSE-USDT | +0.0564% | 4h | 1.8122 | −0.018% | — | $7.1M | — | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0595% | 4h | 1.8135 | +0.054% | $7.1M | $17.6M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0694% | 4h | 1.8115 | −0.055% | $168K | $240K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0834% | 4h | 1.8107 | −0.103% | $13.8M | $2.4M | 20x | as long as short |
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM