PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0395%/8h= −43.2% APRnext payment −$1.97 per $10,000 · paid last 24h −0.072%

Price spread now: OKX against Binance−0.038%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$910.912% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.495%−$50 on $10k

Price spread, last 7 days−0.082%−$8 · spread now −0.038%, 7d avg −0.067%

Together, before fees−0.577%−$58 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.028% dearer against Binance than usual: you sell high and buy low (spread −0.038% now, against its 7-day average of −0.067%): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PIEVERSEUSDT	1.8492	0.0592	pay 0.0296% / 4h	1h 05m	$22.0M	$31.1M	20x
Short	OKX PIEVERSE-USDT-SWAP	1.8485	0.0197	get 0.0098% / 4h	1h 05m	$7.3M	$21.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$82.93
Price spread: −0.038% → −0.067%: $2.84
Slippage, 4 orders: −$71.25
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$171.34
Costs to cover: 0.912%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; OKX: 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	0.81 bp	26.7 bp −$27	167.8 bp −$1,678	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.09 bp	19.1 bp −$19	134.4 bp −$1,344	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	1.8463	−0.157%	$8.4M	$3.9M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8426	−0.357%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8468	−0.130%	$2K	$673K	20x	as long as short
OKX PIEVERSE-USDT-SWAPshort	+0.0197%	4h	1.8485	−0.038%	$7.3M	$21.6M	20x
Bitget PIEVERSEUSDT	+0.0294%	4h	1.8482	−0.054%	$4.0M	$2.9M	10x	as long as short
Bybit PIEVERSEUSDT	+0.0514%	4h	1.8476	−0.087%	$11.2M	$12.2M	20x	as long as short
BingX PIEVERSE-USDT	+0.0556%	4h	1.8487	−0.027%	—	$7.2M	—	as long as short
MEXC PIEVERSE_USDT	+0.0590%	4h	1.8487	−0.027%	$2.5M	$883K	20x	as long as short
Binance PIEVERSEUSDTlong	+0.0592%	4h	1.8492	long leg	$22.0M	$31.1M	20x
Extended PIEVERSE-USD	+0.0592%	1h	1.8486	−0.031%	$41K	$160K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX PIEVERSEUSDC	+0.0601%	4h	1.8416	−0.411%	$38K	$441K	10x	as long as short
BloFin PIEVERSE-USDT	+0.0624%	4h	1.8489	−0.017%	$1.1M	$2.5M	40x	as long as short
Aster PIEVERSEUSDT	+0.0626%	4h	1.8449	−0.230%	$171K	$292K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0656%	4h	1.8492	0.000%	$14.0M	$2.9M	20x	as long as short