PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.17 per $10,000 · paid last 24h −0.001%

Price spread now: OKX against BingX+0.082%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$960.959% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.284%−$28 on $10k

Price spread, last 7 days−0.089%−$9 · spread now +0.082%, 7d avg −0.048%

Together, before fees−0.373%−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.130% dearer against BingX than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.048%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.284% in total) that is about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PIEVERSE-USDT	1.8290	0.0464	pay 0.0232% / 4h	1h 08m	—	$7.1M	—
Short	OKX PIEVERSE-USDT-SWAP	1.8305	0.0431	get 0.0215% / 4h	1h 08m	$7.2M	$17.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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 BingXbpFee OKXbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$6.97
Price spread: +0.082% → −0.048%: $13.02
Slippage, 4 orders: −$75.93
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$89.88
Costs to cover: 0.959%
Break-even: never at this rate

Slippage from BingX: live order book, 9 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 BingX live order book, 9 min ago	3.31 bp	21.3 bp −$21	89.5 bp −$895	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.75 bp	23.8 bp −$24	155.6 bp −$1,556	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	1.8293	+0.017%	$10.9M	$10.7M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8228	−0.339%	$8.3M	$3.4M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8286	−0.022%	$4.0M	$2.2M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8198	−0.501%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8213	−0.421%	$1K	$675K	20x	as long as short
OKX PIEVERSE-USDT-SWAPshort	+0.0431%	4h	1.8305	+0.082%	$7.2M	$17.9M	20x
BloFin PIEVERSE-USDT	+0.0445%	4h	1.8249	−0.224%	$1.1M	$2.3M	40x	as long as short
BingX PIEVERSE-USDTlong	+0.0464%	4h	1.8290	long leg	—	$7.1M	—
MEXC PIEVERSE_USDT	+0.0486%	4h	1.8288	−0.011%	$2.6M	$854K	20x	as long as short
Binance PIEVERSEUSDT	+0.0486%	4h	1.8300	+0.055%	$21.7M	$27.0M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended PIEVERSE-USD	+0.0488%	1h	1.8286	−0.024%	$41K	$251K	5x	as long as short
edgeX PIEVERSEUSDC	+0.0502%	4h	1.8220	−0.382%	$37K	$432K	10x	as long as short
Aster PIEVERSEUSDT	+0.0685%	4h	1.8251	−0.212%	$166K	$253K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0868%	4h	1.8273	−0.096%	$13.9M	$2.4M	20x	as long as short