Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h −0.061%
Price spread now: OKX against Binance+0.044%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$930.935% of the position
Funding, last 7 days−0.506%−$51 on $10k
+Price spread, last 7 days−0.142%−$14 · spread now +0.044%, 7d avg −0.062%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.105% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.062%. Mind the row above: over the last 7 days funding on this pair cost −0.506%, 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 | 1.8102 | 0.0430 | pay 0.0215% / 4h | 3h 23m | $21.4M | $27.1M | 20x |
| Short | OKX PIEVERSE-USDT-SWAP | 1.8110 | 0.0502 | get 0.0251% / 4h | 3h 23m | $7.1M | $17.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $15.22
- Price spread: +0.044% → −0.062%
- $10.54
- Slippage, 4 orders
- −$73.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.74
- Costs to cover
- 0.935%
- Break-even
- 38.1 days
Slippage from Binance: live order book, 3 min ago; OKX: 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 | 0.82 bp | 21.4 bp −$21 | 205.2 bp −$2,052 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.55 bp | 24.7 bp −$25 | 133.1 bp −$1,331 | 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 | 1.8090 | −0.067% | $8.3M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8112 | +0.055% | $3.9M | $2.1M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8146 | +0.241% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8125 | +0.126% | $1K | $692K | 20x | as long as short |
| MEXC PIEVERSE_USDT | +0.0426% | 4h | 1.8111 | +0.049% | $2.5M | $849K | 20x | as long as short |
| Binance PIEVERSEUSDTlong | +0.0430% | 4h | 1.8102 | long leg | $21.4M | $27.1M | 20x | |
| Extended PIEVERSE-USD | +0.0432% | 1h | 1.8104 | +0.012% | $40K | $257K | 5x | as long as short |
| edgeX PIEVERSEUSDC | +0.0437% | 4h | 1.8186 | +0.464% | $37K | $433K | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0440% | 4h | 1.8110 | +0.044% | $1.1M | $2.3M | 40x | as long as short |
| Bybit PIEVERSEUSDT | +0.0477% | 4h | 1.8097 | −0.028% | $10.8M | $10.6M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PIEVERSE-USDT-SWAPshort | +0.0502% | 4h | 1.8110 | +0.044% | $7.1M | $17.7M | 20x | |
| BingX PIEVERSE-USDT | +0.0610% | 4h | 1.8102 | −0.001% | — | $7.1M | — | as long as short |
| Aster PIEVERSEUSDT | +0.0718% | 4h | 1.8103 | +0.008% | $166K | $239K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0796% | 4h | 1.8115 | +0.073% | $13.8M | $2.4M | 20x | as long as short |
Binance PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
MEXC PIEVERSE_USDT
Extended PIEVERSE-USD
edgeX PIEVERSEUSDC
BloFin PIEVERSE-USDT
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM