Funding you earn now, next payment 08:00 UTC−0.0354%/8h= −38.7% APRnext payment −$1.77 per $10,000 · paid last 24h −0.035%
Price spread now: edgeX against KuCoin−0.078%7-day average +0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$780.778% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 4 days (all we have)+0.759%+$76 · spread now −0.078%, 7d avg +0.136%
=Together, before fees+0.540%+ Points / potential airdropedgeX: Active · farm board+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and edgeX is 0.214% cheaper against KuCoin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.136%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.219% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PIEVERSEUSDTM | 1.8107 | 0.0812 | pay 0.0406% / 4h | 3h 07m | $13.8M | $2.4M | 20x |
| Short | edgeX PIEVERSEUSDC | 1.8093 | 0.0458 | get 0.0229% / 4h | 3h 07m | $37K | $434K | 10x |
KuCoin PIEVERSEUSDTM
edgeX PIEVERSEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- −$74.24
- Price spread: −0.078% → +0.136%
- −$21.4
- Slippage, 4 orders
- −$56.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$173.43
- Costs to cover
- 0.778%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; edgeX: live order book, 46 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 KuCoin live order book, 6 min ago | 8.27 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 46 min ago | 4.79 bp | 13.0 bp −$13 | 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 | 1.8075 | −0.178% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8124 | +0.092% | $3.9M | $2.1M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8091 | −0.089% | $48K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8085 | −0.123% | $1K | $691K | 20x | as long as short |
| Bybit PIEVERSEUSDT | +0.0274% | 4h | 1.8093 | −0.081% | $10.8M | $10.6M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0440% | 1h | 1.8112 | +0.025% | $42K | $212K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0442% | 4h | 1.8110 | +0.015% | $2.5M | $852K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0448% | 4h | 1.8111 | +0.023% | $21.4M | $27.1M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0454% | 4h | 1.8084 | −0.128% | $1.1M | $2.3M | 40x | as long as short |
| edgeX PIEVERSEUSDCshort | +0.0458% | 4h | 1.8093 | −0.078% | $37K | $434K | 10x |
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bybit PIEVERSEUSDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
BloFin PIEVERSE-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIEVERSE-USDT | +0.0472% | 4h | 1.8110 | +0.015% | — | $7.1M | — | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0481% | 4h | 1.8112 | +0.027% | $7.1M | $17.6M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0706% | 4h | 1.8101 | −0.035% | $166K | $239K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMlong | +0.0812% | 4h | 1.8107 | long leg | $13.8M | $2.4M | 20x |
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT