Funding you earn now, next payment 00:00 UTC+0.0178%/8h= +19.5% APRnext payment +$0.89 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against edgeX+0.208%98s7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$850.853% of the position
Funding, last 7 days+0.192%+$19 on $10k
+Price spread, last 3 days (all we have)−0.687%−$69 · spread now +0.208%, 7d avg −0.132%
=Together, before fees−0.494%+ Points / potential airdropedgeX: Active · farm board−$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.340% dearer against edgeX than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.132%. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PIEVERSEUSDC | 1.8364 | 0.0544 | pay 0.0272% / 4h | 37m 59s | $38K | $441K | 10x |
| Short | KuCoin PIEVERSEUSDTM | 1.8402 | 0.0722 | get 0.0361% / 4h | 37m 59s | $14.0M | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- $37.43
- Price spread: +0.208% → −0.132%
- $34.04
- Slippage, 4 orders
- −$64.34
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$13.87
- Costs to cover
- 0.853%
- Break-even
- 9.6 days
Slippage from edgeX: live order book, 41 min ago; KuCoin: live order book, 6 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 edgeX live order book, 41 min ago | 4.63 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 10.32 bp | 31.9 bp −$32 | 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 | 1.8371 | +0.039% | $8.3M | $3.8M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8340 | −0.128% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8374 | +0.056% | $2K | $676K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0254% | 4h | 1.8395 | +0.170% | $7.3M | $21.4M | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0302% | 4h | 1.8404 | +0.218% | $4.0M | $2.9M | 10x | as long as short |
| Bybit PIEVERSEUSDT | +0.0442% | 4h | 1.8378 | +0.077% | $11.1M | $12.3M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0540% | 4h | 1.8388 | +0.132% | — | $7.2M | — | as long as short |
| edgeX PIEVERSEUSDClong | +0.0544% | 4h | 1.8364 | long leg | $38K | $441K | 10x | |
| MEXC PIEVERSE_USDT | +0.0568% | 4h | 1.8394 | +0.165% | $2.5M | $877K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0572% | 4h | 1.8394 | +0.165% | $21.8M | $31.1M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PIEVERSE-USD | +0.0576% | 1h | 1.8388 | +0.131% | $41K | $160K | 5x | as long as short |
| Aster PIEVERSEUSDT | +0.0605% | 4h | 1.8399 | +0.192% | $170K | $291K | 5x | as long as short |
| BloFin PIEVERSE-USDT | +0.0615% | 4h | 1.8404 | +0.219% | $1.1M | $2.5M | 40x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0722% | 4h | 1.8402 | +0.208% | $14.0M | $2.9M | 20x |
edgeX PIEVERSEUSDC
KuCoin PIEVERSEUSDTM
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bitget PIEVERSEUSDT
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
Aster PIEVERSEUSDT
BloFin PIEVERSE-USDT