Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against edgeX+0.025%53s7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as 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−$530.525% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.720%−$72 · spread now +0.025%, 7d avg −0.085%
=Together, before fees−0.721%+ Points / potential airdropedgeX: Active · farm board−$72 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.110% dearer against edgeX than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.085%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days. At the pace of the last 7 days (−0.001% in total) that is about 19 months. The two prices were read 53 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 | 1.8391 | 0.0464 | pay 0.0232% / 4h | 14m 42s | $38K | $435K | 10x |
| Short | MEXC PIEVERSE_USDT | 1.8396 | 0.0446 | get 0.0223% / 4h | 14m 42s | $2.6M | $851K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against edgeX. 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
- −$3.85
- Price spread: +0.025% → −0.085%
- $11
- Slippage, 4 orders
- −$39.55
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$45.4
- Costs to cover
- 0.525%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 44 min ago; MEXC: 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 edgeX live order book, 44 min ago | 4.61 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.27 bp | 14.1 bp −$14 | 73.9 bp −$739 | 485.9 bp −$48.6K | 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 | 1.8367 | −0.130% | $10.9M | $10.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8363 | −0.154% | $8.4M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8404 | +0.067% | $4.0M | $2.2M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8339 | −0.283% | $49K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8356 | −0.192% | $1K | $680K | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0420% | 4h | 1.8383 | −0.046% | $1.1M | $2.3M | 40x | as long as short |
| BingX PIEVERSE-USDT | +0.0438% | 4h | 1.8394 | +0.014% | — | $7.1M | — | as long as short |
| Binance PIEVERSEUSDT | +0.0439% | 4h | 1.8392 | +0.002% | $21.8M | $27.0M | 20x | as long as short |
| MEXC PIEVERSE_USDTshort | +0.0446% | 4h | 1.8396 | +0.025% | $2.6M | $851K | 20x | |
| Extended PIEVERSE-USD | +0.0448% | 1h | 1.8396 | +0.027% | $43K | $253K | 5x | 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-SWAP | +0.0455% | 4h | 1.8399 | +0.041% | $7.3M | $17.9M | 20x | as long as short |
| edgeX PIEVERSEUSDClong | +0.0464% | 4h | 1.8391 | long leg | $38K | $435K | 10x | |
| Aster PIEVERSEUSDT | +0.0739% | 4h | 1.8355 | −0.197% | $168K | $244K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0838% | 4h | 1.8390 | −0.009% | $14.0M | $2.4M | 20x | as long as short |
edgeX PIEVERSEUSDC
MEXC PIEVERSE_USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
BloFin PIEVERSE-USDT
BingX PIEVERSE-USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM