Funding you earn now, next payment 04:00 UTC−0.0410%/8h= −44.8% APRnext payment −$2.05 per $10,000 · paid last 24h −0.099%
Price spread now: OKX against KuCoin+0.006%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1011.008% of the position
Funding, last 7 days−0.709%−$71 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.006%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PIEVERSEUSDTM | 1.7923 | 0.0784 | pay 0.0392% / 4h | 1h 51m | $13.6M | $2.4M | 20x |
| Short | OKX PIEVERSE-USDT-SWAP | 1.7924 | 0.0374 | get 0.0187% / 4h | 1h 51m | $7.1M | $17.8M | 20x |
KuCoin PIEVERSEUSDTM
OKX PIEVERSE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$86.01
- Price spread: +0.006% → −0.004%
- $0.99
- Slippage, 4 orders
- −$78.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$185.82
- Costs to cover
- 1.008%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 10.62 bp | 28.9 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.67 bp | 20.4 bp −$20 | 121.8 bp −$1,218 | doesn't fit | doesn't fit |
PIEVERSE on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0100% | 4h | 1.7915 | −0.046% | $10.6M | $10.8M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.7901 | −0.122% | $8.2M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.7935 | +0.068% | $3.9M | $2.2M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.7979 | +0.313% | $48K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.7908 | −0.083% | $1K | $669K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAPshort | +0.0374% | 4h | 1.7924 | +0.006% | $7.1M | $17.8M | 20x | |
| BingX PIEVERSE-USDT | +0.0448% | 4h | 1.7918 | −0.027% | — | $7.1M | — | as long as short |
| Extended PIEVERSE-USD | +0.0472% | 1h | 1.7920 | −0.018% | $42K | $245K | 5x | as long as short |
| Binance PIEVERSEUSDT | +0.0475% | 4h | 1.7923 | +0.002% | $21.3M | $27.1M | 20x | as long as short |
| MEXC PIEVERSE_USDT | +0.0476% | 4h | 1.7921 | −0.011% | $2.4M | $819K | 20x | as long as short |
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
BingX PIEVERSE-USDT
Extended PIEVERSE-USD
Binance PIEVERSEUSDT
MEXC PIEVERSE_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX PIEVERSEUSDC | +0.0483% | 4h | 1.7968 | +0.253% | $37K | $431K | 10x | as long as short |
| Aster PIEVERSEUSDT | +0.0605% | 4h | 1.7934 | +0.062% | $165K | $255K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMlong | +0.0784% | 4h | 1.7923 | long leg | $13.6M | $2.4M | 20x |
edgeX PIEVERSEUSDC
Aster PIEVERSEUSDT