Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.059%
Price spread now: BingX against Binance−0.006%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$980.976% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 7 days−0.085%−$9 · spread now −0.006%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.224%, 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 | Binance PIEVERSEUSDT | 1.8161 | 0.0471 | pay 0.0236% / 4h | 2h 52m | $21.5M | $27.1M | 20x |
| Short | BingX PIEVERSE-USDT | 1.8160 | 0.0492 | get 0.0246% / 4h | 2h 52m | — | $7.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $4.38
- Price spread: −0.006% → −0.015%
- $0.92
- Slippage, 4 orders
- −$77.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$92.34
- Costs to cover
- 0.976%
- Break-even
- 154.7 days
Slippage from Binance: live order book, 3 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 Binance live order book, 3 min ago | 0.28 bp | 23.1 bp −$23 | 190.5 bp −$1,905 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.20 bp | 23.2 bp −$23 | 91.5 bp −$915 | 916.5 bp −$91.7K | 1251.0 bp −$625.5K |
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 | 1.8154 | −0.039% | $10.9M | $10.7M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8133 | −0.154% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8162 | +0.007% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8141 | −0.110% | $2K | $694K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0102% | 4h | 1.8166 | +0.030% | $3.9M | $2.1M | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0448% | 4h | 1.8169 | +0.044% | $1.1M | $2.3M | 40x | as long as short |
| Binance PIEVERSEUSDTlong | +0.0471% | 4h | 1.8161 | long leg | $21.5M | $27.1M | 20x | |
| Extended PIEVERSE-USD | +0.0472% | 1h | 1.8161 | −0.002% | $42K | $212K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0472% | 4h | 1.8165 | +0.022% | $2.5M | $809K | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0485% | 4h | 1.8156 | −0.025% | $37K | $434K | 10x | 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 | +0.0492% | 4h | 1.8160 | −0.006% | — | $7.1M | — | |
| OKX PIEVERSE-USDT-SWAP | +0.0530% | 4h | 1.8166 | +0.028% | $7.2M | $17.6M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0708% | 4h | 1.8151 | −0.055% | $167K | $239K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0832% | 4h | 1.8151 | −0.056% | $13.8M | $2.4M | 20x | as long as short |
Binance PIEVERSEUSDT
BingX PIEVERSE-USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
BloFin PIEVERSE-USDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
edgeX PIEVERSEUSDC
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM