PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.075%

Price spread now: BingX against edgeX−0.131%55s7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as 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−$730.735% of the position

Long on edgeX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.225%−$23 on $10k

Price spread, last 3 days (all we have)−0.388%−$39 · spread now −0.131%, 7d avg −0.025%

Together, before fees−0.613%+ Points / potential airdropedgeX: Active · farm board−$61 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.106% cheaper against edgeX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 55 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	edgeX PIEVERSEUSDC	1.8474	0.0564	pay 0.0282% / 4h	26m 42s	$38K	$441K	10x
Short	BingX PIEVERSE-USDT	1.8450	0.0540	get 0.0270% / 4h	26m 42s	—	$7.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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 edgeXbpFee BingXbpOrdersPrice spread, now −0.131%Rate

Funding earned: −$5
Price spread: −0.131% → −0.025%: −$10.57
Slippage, 4 orders: −$54.49
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$89.06
Costs to cover: 0.735%
Break-even: never at this rate

Slippage from edgeX: live order book, 52 min ago; BingX: live order book, 11 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 edgeX live order book, 52 min ago	4.63 bp	13.2 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	2.17 bp	20.7 bp −$21	87.1 bp −$871	1021.0 bp −$102.1K	1346.9 bp −$673.5K

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
Gate PIEVERSE_USDT	+0.0100%	8h	1.8443	−0.169%	$8.4M	$3.8M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8366	−0.584%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8482	+0.042%	$1K	$678K	20x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0271%	4h	1.8442	−0.174%	$7.4M	$21.5M	20x	as long as short
Bitget PIEVERSEUSDT	+0.0308%	4h	1.8464	−0.055%	$4.0M	$2.9M	10x	as long as short
Bybit PIEVERSEUSDT	+0.0457%	4h	1.8444	−0.163%	$11.1M	$12.3M	20x	as long as short
BingX PIEVERSE-USDTshort	+0.0540%	4h	1.8450	−0.131%	—	$7.2M	—
BloFin PIEVERSE-USDT	+0.0543%	4h	1.8514	+0.215%	$1.1M	$2.5M	40x	as long as short
edgeX PIEVERSEUSDClong	+0.0564%	4h	1.8474	long leg	$38K	$441K	10x
MEXC PIEVERSE_USDT	+0.0572%	4h	1.8467	−0.039%	$2.5M	$880K	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	+0.0576%	1h	1.8450	−0.133%	$42K	$160K	5x	as long as short
Binance PIEVERSEUSDT	+0.0578%	4h	1.8453	−0.115%	$21.9M	$31.1M	20x	as long as short
Aster PIEVERSEUSDT	+0.0617%	4h	1.8489	+0.081%	$171K	$290K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0744%	4h	1.8475	+0.004%	$14.0M	$2.9M	20x	as long as short