Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h −0.060%
Price spread now: BingX against MEXC−0.055%7-day average −0.013% · 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−$81as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days−0.225%−$22 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now −0.055%, 7d avg −0.013%
=Funding pays, the price is against you. BingX is 0.042% cheaper against MEXC than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.013%). If the spread goes back, that is −$4 on $10k: about 46 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.225%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PIEVERSE_USDT | 1.8145 | 0.0492 | pay 0.0246% / 4h | 1h 47m | $2.6M | $818K | 20x |
| Short | BingX PIEVERSE-USDT | 1.8135 | 0.0564 | get 0.0282% / 4h | 1h 47m | — | $7.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $15.12
- Price spread: −0.055% → −0.013%
- −$4.16
- Slippage, 4 orders
- −$63.11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$66.15
- Costs to cover
- 0.771%
- Break-even
- 37.6 days
Slippage from MEXC: live order book, 4 min ago; BingX: 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 MEXC live order book, 4 min ago | 0.55 bp | 19.2 bp −$19 | 73.3 bp −$733 | 388.3 bp −$38.8K | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.76 bp | 26.1 bp −$26 | 104.0 bp −$1,040 | 944.7 bp −$94.5K | 1277.1 bp −$638.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PIEVERSEUSDT | +0.0100% | 4h | 1.8133 | −0.064% | $10.9M | $10.7M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8116 | −0.160% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8152 | +0.039% | $48K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8130 | −0.083% | $2K | $703K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0170% | 4h | 1.8151 | +0.034% | $3.9M | $2.1M | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0458% | 4h | 1.7968 | −0.975% | $1.1M | $2.3M | 40x | as long as short |
| MEXC PIEVERSE_USDTlong | +0.0492% | 4h | 1.8145 | long leg | $2.6M | $818K | 20x | |
| Extended PIEVERSE-USD | +0.0496% | 1h | 1.8103 | −0.234% | $41K | $207K | 5x | as long as short |
| edgeX PIEVERSEUSDC | +0.0497% | 4h | 1.8027 | −0.649% | $37K | $433K | 10x | as long as short |
| Binance PIEVERSEUSDT | +0.0511% | 4h | 1.8142 | −0.017% | $21.4M | $27.4M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIEVERSE-USDTshort | +0.0564% | 4h | 1.8135 | −0.055% | — | $7.1M | — | |
| OKX PIEVERSE-USDT-SWAP | +0.0595% | 4h | 1.8135 | −0.055% | $7.2M | $17.6M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0686% | 4h | 1.8116 | −0.160% | $168K | $240K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0836% | 4h | 1.8112 | −0.181% | $13.8M | $2.4M | 20x | as long as short |
MEXC PIEVERSE_USDT
BingX PIEVERSE-USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
BloFin PIEVERSE-USDT
Extended PIEVERSE-USD
edgeX PIEVERSEUSDC
Binance PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM