PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0351%/8h= −38.4% APRnext payment −$1.75 per $10,000 · paid last 24h −0.038%

Price spread now: Binance against KuCoin−0.002%7-day average +0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$960.964% of the position

Long on KuCoin Short on Binance

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+0.091%+$9 · spread now −0.002%, 7d avg +0.060%

Together, before fees−0.131%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Binance is 0.062% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.060%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.222% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.75 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PIEVERSEUSDTM	1.8179	0.0822	pay 0.0411% / 4h	2h 49m	$13.9M	$2.4M	20x
Short	Binance PIEVERSEUSDT	1.8179	0.0471	get 0.0236% / 4h	2h 49m	$21.5M	$27.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.002%Rate

Funding earned: −$73.63
Price spread: −0.002% → +0.060%: −$6.16
Slippage, 4 orders: −$74.39
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$176.18
Costs to cover: 0.964%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 7 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 KuCoin live order book, 4 min ago	7.82 bp	23.3 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.28 bp	25.9 bp −$26	136.7 bp −$1,367	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	1.8167	−0.068%	$10.9M	$10.7M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8151	−0.156%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8166	−0.074%	$49K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8171	−0.046%	$2K	$694K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0114%	4h	1.8186	+0.037%	$3.9M	$2.1M	10x	as long as short
MEXC PIEVERSE_USDT	+0.0464%	4h	1.8181	+0.009%	$2.5M	$810K	20x	as long as short
Binance PIEVERSEUSDTshort	+0.0471%	4h	1.8179	−0.002%	$21.5M	$27.1M	20x
Extended PIEVERSE-USD	+0.0472%	1h	1.8176	−0.021%	$42K	$212K	5x	as long as short
edgeX PIEVERSEUSDC	+0.0484%	4h	1.8162	−0.093%	$37K	$435K	10x	as long as short
BloFin PIEVERSE-USDT	+0.0495%	4h	1.8185	+0.031%	$1.1M	$2.3M	40x	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	+0.0504%	4h	1.8173	−0.035%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0546%	4h	1.8185	+0.031%	$7.2M	$17.6M	20x	as long as short
Aster PIEVERSEUSDT	+0.0705%	4h	1.8167	−0.068%	$167K	$239K	5x	as long as short
KuCoin PIEVERSEUSDTMlong	+0.0822%	4h	1.8179	long leg	$13.9M	$2.4M	20x