PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0494%/8h= −54.1% APRnext payment −$2.47 per $10,000 · paid last 24h −0.073%

Price spread now: OKX against edgeX+0.235%101s7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$124as 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−$740.743% of the position

Long on edgeX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.497%−$50 on $10k

Price spread, last 3 days (all we have)−0.928%−$93 · spread now +0.235%, 7d avg −0.046%

Together, before fees−1.424%+ Points / potential airdropedgeX: Active · farm board−$142 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.280% dearer against edgeX than usual: you sell high and buy low (spread +0.235% now, against its 7-day average of −0.046%): +$28 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 45 hours. At the pace of the last 7 days (−0.497% in total) that is about 4.0 days. The two prices were read 101 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	1.8417	0.0614	pay 0.0307% / 4h	1h 47m	$38K	$439K	10x
Short	OKX PIEVERSE-USDT-SWAP	1.8460	0.0120	get 0.0060% / 4h	1h 47m	$7.4M	$21.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against edgeX. 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 edgeXbpFee OKXbpOrdersPrice spread, now +0.235%Rate

Funding earned: −$103.75
Price spread: +0.235% → −0.046%: $28.04
Slippage, 4 orders: −$55.27
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$149.97
Costs to cover: 0.743%
Break-even: never at this rate

Slippage from edgeX: live order book, 36 min ago; OKX: live order book, 1 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, 36 min ago	4.61 bp	12.5 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.54 bp	25.2 bp −$25	150.4 bp −$1,504	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	1.8424	+0.039%	$8.4M	$3.8M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8411	−0.029%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8420	+0.018%	$1K	$666K	20x	as long as short
OKX PIEVERSE-USDT-SWAPshort	+0.0120%	4h	1.8460	+0.235%	$7.4M	$21.5M	20x
Bitget PIEVERSEUSDT	+0.0268%	4h	1.8463	+0.254%	$4.0M	$2.9M	10x	as long as short
KuCoin PIEVERSEUSDTM	+0.0586%	4h	1.8439	+0.119%	$14.0M	$2.9M	20x	as long as short
Bybit PIEVERSEUSDT	+0.0586%	4h	1.8436	+0.104%	$11.1M	$12.1M	20x	as long as short
MEXC PIEVERSE_USDT	+0.0590%	4h	1.8447	+0.164%	$2.5M	$874K	20x	as long as short
Extended PIEVERSE-USD	+0.0592%	1h	1.8448	+0.168%	$41K	$160K	5x	as long as short
Binance PIEVERSEUSDT	+0.0595%	4h	1.8446	+0.157%	$22.0M	$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
BloFin PIEVERSE-USDT	+0.0601%	4h	1.8422	+0.028%	$1.1M	$2.5M	40x	as long as short
BingX PIEVERSE-USDT	+0.0602%	4h	1.8447	+0.164%	—	$7.2M	—	as long as short
Aster PIEVERSEUSDT	+0.0607%	4h	1.8419	+0.012%	$172K	$290K	5x	as long as short
edgeX PIEVERSEUSDClong	+0.0614%	4h	1.8417	long leg	$38K	$439K	10x