Funding you earn now, next payment 12:00 UTC−0.0304%/8h= −33.3% APRnext payment −$1.52 per $10,000 · paid last 24h −0.042%
Price spread now: MEXC against KuCoin−0.001%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$810.810% of the position
Funding, last 7 days−0.246%−$25 on $10k
+Price spread, last 7 days+0.090%+$9 · spread now −0.001%, 7d avg +0.058%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and MEXC is 0.058% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PIEVERSEUSDTM | 1.8104 | 0.0744 | pay 0.0372% / 4h | 2h 57m | $13.8M | $2.0M | 20x |
| Short | MEXC PIEVERSE_USDT | 1.8104 | 0.0440 | get 0.0220% / 4h | 2h 57m | $2.5M | $770K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$63.84
- Price spread: −0.001% → +0.058%
- −$5.84
- Slippage, 4 orders
- −$65.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$150.71
- Costs to cover
- 0.810%
- Break-even
- never at this rate
Slippage from KuCoin: 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 KuCoin live order book, 11 min ago | 10.60 bp | 25.1 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.38 bp | 17.8 bp −$18 | 70.7 bp −$707 | 389.6 bp −$39.0K | 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 | 1.8062 | −0.233% | $8.3M | $3.1M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8124 | +0.108% | $3.9M | $2.0M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8065 | −0.218% | $47K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8086 | −0.100% | $2K | $710K | 20x | as long as short |
| Bybit PIEVERSEUSDT | +0.0275% | 4h | 1.8085 | −0.104% | $10.9M | $9.6M | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0427% | 4h | 1.8099 | −0.028% | $37K | $433K | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0429% | 4h | 1.8110 | +0.033% | $1.1M | $2.2M | 40x | as long as short |
| Binance PIEVERSEUSDT | +0.0440% | 4h | 1.8108 | +0.021% | $21.5M | $25.3M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0440% | 1h | 1.8107 | +0.014% | $42K | $257K | 5x | as long as short |
| MEXC PIEVERSE_USDTshort | +0.0440% | 4h | 1.8104 | −0.001% | $2.5M | $770K | 20x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PIEVERSEUSDT | +0.0496% | 4h | 1.8085 | −0.106% | $170K | $204K | 5x | as long as short |
| BingX PIEVERSE-USDT | +0.0532% | 4h | 1.8108 | +0.022% | — | $7.0M | — | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0543% | 4h | 1.8110 | +0.033% | $7.2M | $15.7M | 20x | as long as short |
| KuCoin PIEVERSEUSDTMlong | +0.0744% | 4h | 1.8104 | long leg | $13.8M | $2.0M | 20x |
KuCoin PIEVERSEUSDTM
MEXC PIEVERSE_USDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bybit PIEVERSEUSDT
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
Aster PIEVERSEUSDT
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP