Funding you earn now, next payment 04:00 UTC+0.0210%/8h= +23.0% APRnext payment +$1.05 per $10,000 · paid last 24h +0.100%
Price spread now: KuCoin against BingX−0.072%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$940.939% of the position
Funding, last 7 days+0.427%+$43 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now −0.072%, 7d avg −0.046%
=Funding pays, the price is against you. KuCoin is 0.027% cheaper against BingX than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.046%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PIEVERSE-USDT | 1.8416 | 0.0542 | pay 0.0271% / 4h | 3h 50m | — | $7.2M | — |
| Short | KuCoin PIEVERSEUSDTM | 1.8403 | 0.0752 | get 0.0376% / 4h | 3h 50m | $14.0M | $3.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $44.1
- Price spread: −0.072% → −0.046%
- −$2.65
- Slippage, 4 orders
- −$71.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$52.46
- Costs to cover
- 0.939%
- Break-even
- 15.3 days
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 8 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 BingX live order book, 7 min ago | 2.98 bp | 20.7 bp −$21 | 80.6 bp −$806 | 949.5 bp −$95.0K | 1347.0 bp −$673.5K |
| Sell KuCoin live order book, 8 min ago | 4.78 bp | 20.3 bp −$20 | 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 | 1.8391 | −0.136% | $8.4M | $3.5M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8385 | −0.170% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8372 | −0.239% | $2K | $685K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0252% | 4h | 1.8426 | +0.055% | $4.0M | $2.9M | 10x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0321% | 4h | 1.8420 | +0.022% | $7.3M | $21.4M | 20x | as long as short |
| BingX PIEVERSE-USDTlong | +0.0542% | 4h | 1.8416 | long leg | — | $7.2M | — | |
| BloFin PIEVERSE-USDT | +0.0545% | 4h | 1.8409 | −0.038% | $1.1M | $2.5M | 40x | as long as short |
| edgeX PIEVERSEUSDC | +0.0558% | 4h | 1.8419 | +0.014% | $38K | $443K | 10x | as long as short |
| MEXC PIEVERSE_USDT | +0.0572% | 4h | 1.8410 | −0.033% | $2.5M | $874K | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0576% | 1h | 1.8407 | −0.051% | $40K | $168K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDT | +0.0579% | 4h | 1.8416 | +0.003% | $21.9M | $31.2M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0617% | 4h | 1.8398 | −0.098% | $170K | $291K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0752% | 4h | 1.8403 | −0.072% | $14.0M | $3.0M | 20x | |
| Bybit PIEVERSEUSDT | +0.1079% | 4h | 1.8408 | −0.043% | $11.1M | $12.3M | 20x | as long as short |
BingX PIEVERSE-USDT
KuCoin PIEVERSEUSDTM
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
edgeX PIEVERSEUSDC
MEXC PIEVERSE_USDT
Extended PIEVERSE-USD
Binance PIEVERSEUSDT
Aster PIEVERSEUSDT
Bybit PIEVERSEUSDT