PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0287%/8h= +31.4% APRnext payment +$1.44 per $10,000 · paid last 24h +0.038%

Price spread now: KuCoin against Binance−0.084%7-day average −0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1041.036% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.222%+$22 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.084%, 7d avg −0.059%

Together, before fees+0.241%+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.025% cheaper against Binance than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of −0.059%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.222% in total) that is about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PIEVERSEUSDT	1.8164	0.0507	pay 0.0253% / 4h	36m 12s	$21.5M	$26.8M	20x
Short	KuCoin PIEVERSEUSDTM	1.8149	0.0794	get 0.0397% / 4h	36m 12s	$13.9M	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.084%Rate

Funding earned: $60.31
Price spread: −0.084% → −0.059%: −$2.51
Slippage, 4 orders: −$81.58
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$45.78
Costs to cover: 1.036%
Break-even: 12.3 days

Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 2 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, 5 min ago	0.28 bp	22.0 bp −$22	242.1 bp −$2,421	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	11.10 bp	31.1 bp −$31	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
Bybit PIEVERSEUSDT	+0.0100%	4h	1.8154	−0.055%	$10.9M	$10.3M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8147	−0.094%	$8.3M	$3.3M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8160	−0.022%	$47K	$12K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8140	−0.132%	$1K	$712K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0122%	4h	1.8172	+0.046%	$3.9M	$2.1M	10x	as long as short
BloFin PIEVERSE-USDT	+0.0480%	4h	1.8187	+0.127%	$1.1M	$2.3M	40x	as long as short
Extended PIEVERSE-USD	+0.0504%	1h	1.8162	−0.014%	$40K	$264K	5x	as long as short
Binance PIEVERSEUSDTlong	+0.0507%	4h	1.8164	long leg	$21.5M	$26.8M	20x
MEXC PIEVERSE_USDT	+0.0510%	4h	1.8161	−0.017%	$2.6M	$814K	20x	as long as short
edgeX PIEVERSEUSDC	+0.0515%	4h	1.8188	+0.130%	$37K	$433K	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-USDT	+0.0574%	4h	1.8163	−0.006%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0602%	4h	1.8164	0.000%	$7.2M	$17.0M	20x	as long as short
Aster PIEVERSEUSDT	+0.0643%	4h	1.8172	+0.044%	$169K	$231K	5x	as long as short
KuCoin PIEVERSEUSDTMshort	+0.0794%	4h	1.8149	−0.084%	$13.9M	$2.3M	20x