Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.002%
Price spread now: edgeX against Binance+0.109%50s7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$720.722% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.299%+$30 · spread now +0.109%, 7d avg +0.081%
=Together, before fees+0.301%+ Points / potential airdropedgeX: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.028% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.081%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIEVERSEUSDT | 1.8407 | 0.0567 | pay 0.0283% / 4h | 3h 32m | $21.9M | $29.7M | 20x |
| Short | edgeX PIEVERSEUSDC | 1.8427 | 0.0576 | get 0.0288% / 4h | 3h 32m | $38K | $445K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $1.99
- Price spread: +0.109% → +0.081%
- $2.84
- Slippage, 4 orders
- −$53.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$67.4
- Costs to cover
- 0.722%
- Break-even
- 243.5 days
Slippage from Binance: live order book, 9 min ago; edgeX: live order book, 41 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, 9 min ago | 0.54 bp | 25.1 bp −$25 | 204.7 bp −$2,047 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 41 min ago | 4.60 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | 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 | 1.8391 | −0.089% | $8.4M | $3.5M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8435 | +0.148% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8387 | −0.110% | $1K | $681K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0206% | 4h | 1.8421 | +0.076% | $4.0M | $2.6M | 10x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0333% | 4h | 1.8428 | +0.112% | $7.4M | $20.2M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0511% | 4h | 1.8396 | −0.062% | $1.1M | $2.4M | 40x | as long as short |
| MEXC PIEVERSE_USDT | +0.0566% | 4h | 1.8407 | −0.002% | $2.5M | $877K | 20x | as long as short |
| Binance PIEVERSEUSDTlong | +0.0567% | 4h | 1.8407 | long leg | $21.9M | $29.7M | 20x | |
| Extended PIEVERSE-USD | +0.0568% | 1h | 1.8416 | +0.046% | $42K | $238K | 5x | as long as short |
| edgeX PIEVERSEUSDCshort | +0.0576% | 4h | 1.8427 | +0.109% | $38K | $445K | 10x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PIEVERSEUSDT | +0.0613% | 4h | 1.8415 | +0.040% | $170K | $289K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0764% | 4h | 1.8419 | +0.063% | $14.0M | $2.8M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0794% | 4h | 1.8411 | +0.020% | — | $7.2M | — | as long as short |
| Bybit PIEVERSEUSDT | +0.0961% | 4h | 1.8407 | −0.003% | $11.1M | $11.7M | 20x | as long as short |
Binance PIEVERSEUSDT
edgeX PIEVERSEUSDC
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
MEXC PIEVERSE_USDT
Extended PIEVERSE-USD
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
BingX PIEVERSE-USDT
Bybit PIEVERSEUSDT