Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.127%
Price spread now: MEXC against Aster+0.319%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$970.968% of the position
Funding, last 5 days (all we have)−0.698%−$70 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now +0.319%, 7d avg +0.098%
=Together, before fees−0.568%+ Points / potential airdropAster: Stage 5 · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.221% dearer against Aster than usual: you sell high and buy low (spread +0.319% now, against its 7-day average of +0.098%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. At the pace of the last 5 days (−0.698% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster PIEVERSEUSDT | 1.8385 | 0.0604 | pay 0.0302% / 4h | 3h 36m | $170K | $290K | 5x |
| Short | MEXC PIEVERSE_USDT | 1.8444 | 0.0562 | get 0.0281% / 4h | 3h 36m | $2.5M | $877K | 20x |
Aster PIEVERSEUSDT
MEXC PIEVERSE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Aster. 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
- −$8.9
- Price spread: +0.319% → +0.098%
- $22.08
- Slippage, 4 orders
- −$84.76
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$83.59
- Costs to cover
- 0.968%
- Break-even
- never at this rate
Slippage from Aster: live order book, 35 min ago; MEXC: 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 Aster live order book, 35 min ago | 4.55 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.27 bp | 33.6 bp −$34 | 67.4 bp −$674 | 552.6 bp −$55.3K | 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 | 1.8396 | +0.058% | $8.4M | $3.5M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8435 | +0.271% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8389 | +0.020% | $1K | $688K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0210% | 4h | 1.8439 | +0.293% | $4.0M | $2.9M | 10x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0334% | 4h | 1.8465 | +0.433% | $7.4M | $21.2M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0558% | 4h | 1.8399 | +0.074% | $1.1M | $2.4M | 40x | as long as short |
| edgeX PIEVERSEUSDC | +0.0559% | 4h | 1.8390 | +0.027% | $38K | $443K | 10x | as long as short |
| Extended PIEVERSE-USD | +0.0560% | 1h | 1.8448 | +0.339% | $44K | $217K | 5x | as long as short |
| MEXC PIEVERSE_USDTshort | +0.0562% | 4h | 1.8444 | +0.319% | $2.5M | $877K | 20x | |
| Binance PIEVERSEUSDT | +0.0562% | 4h | 1.8450 | +0.350% | $21.9M | $31.0M | 20x | as long as short |
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
Binance PIEVERSEUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PIEVERSEUSDTlong | +0.0604% | 4h | 1.8385 | long leg | $170K | $290K | 5x | |
| Bybit PIEVERSEUSDT | +0.0713% | 4h | 1.8428 | +0.230% | $11.2M | $12.1M | 20x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0754% | 4h | 1.8433 | +0.261% | $14.0M | $2.9M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0794% | 4h | 1.8459 | +0.401% | — | $7.2M | — | as long as short |
Bybit PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
BingX PIEVERSE-USDT