PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.074%

Price spread now: MEXC against BingX−0.098%7-day average +0.018% · 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−$85as in the Price arb table

costs, in and out, $10k−$730.733% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 7 days+0.183%+$18 · spread now −0.098%, 7d avg +0.018%

Together, before fees+0.406%+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.115% cheaper against BingX than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of +0.018%). If the spread goes back, that is −$12 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.223% in total) that is about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PIEVERSE-USDT	1.8449	0.0556	pay 0.0278% / 4h	1h 06m	—	$7.2M	—
Short	MEXC PIEVERSE_USDT	1.8431	0.0584	get 0.0292% / 4h	1h 06m	$2.5M	$882K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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 BingXbpFee MEXCbpOrdersPrice spread, now −0.098%Rate

Funding earned: $5.88
Price spread: −0.098% → +0.018%: −$11.51
Slippage, 4 orders: −$59.34
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$78.97
Costs to cover: 0.733%
Break-even: 101.0 days

Slippage from BingX: live order book, 11 min ago; MEXC: live order book, 5 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, 11 min ago	2.18 bp	22.6 bp −$23	90.6 bp −$906	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.09 bp	11.1 bp −$11	84.0 bp −$840	405.6 bp −$40.6K	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	1.8381	−0.369%	$8.3M	$3.9M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8393	−0.306%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8389	−0.325%	$2K	$673K	20x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0186%	4h	1.8444	−0.027%	$7.3M	$21.5M	20x	as long as short
Bitget PIEVERSEUSDT	+0.0288%	4h	1.8439	−0.054%	$4.0M	$2.9M	10x	as long as short
Bybit PIEVERSEUSDT	+0.0542%	4h	1.8436	−0.072%	$11.1M	$12.2M	20x	as long as short
BingX PIEVERSE-USDTlong	+0.0556%	4h	1.8449	long leg	—	$7.2M	—
MEXC PIEVERSE_USDTshort	+0.0584%	4h	1.8431	−0.098%	$2.5M	$882K	20x
Binance PIEVERSEUSDT	+0.0591%	4h	1.8439	−0.054%	$21.9M	$31.1M	20x	as long as short
Extended PIEVERSE-USD	+0.0592%	1h	1.8413	−0.197%	$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	+0.0607%	4h	1.8401	−0.260%	$38K	$440K	10x	as long as short
Aster PIEVERSEUSDT	+0.0612%	4h	1.8408	−0.222%	$171K	$292K	5x	as long as short
BloFin PIEVERSE-USDT	+0.0649%	4h	1.8414	−0.190%	$1.1M	$2.5M	40x	as long as short
KuCoin PIEVERSEUSDTM	+0.0654%	4h	1.8416	−0.178%	$14.0M	$2.9M	20x	as long as short