Funding you earn now, next payment 04:00 UTC−0.0230%/8h= −25.2% APRnext payment −$1.15 per $10,000 · paid last 24h −0.019%
Price spread now: MEXC against KuCoin−0.002%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$910.913% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.002%, 7d avg +0.061%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.063% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PIEVERSEUSDTM | 1.8032 | 0.0714 | pay 0.0357% / 4h | 2h 38m | $13.7M | $2.5M | 20x |
| Short | MEXC PIEVERSE_USDT | 1.8032 | 0.0484 | get 0.0242% / 4h | 2h 38m | $2.4M | $837K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- −$48.3
- Price spread: −0.002% → +0.061%
- −$6.3
- Slippage, 4 orders
- −$75.26
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$145.86
- Costs to cover
- 0.913%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 4 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, 6 min ago | 11.91 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.83 bp | 12.5 bp −$13 | 78.8 bp −$788 | 471.2 bp −$47.1K | 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 | 1.8021 | −0.063% | $10.7M | $11.1M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8005 | −0.151% | $8.2M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8039 | +0.037% | $3.9M | $2.3M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8057 | +0.135% | $48K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8018 | −0.079% | $2K | $667K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0310% | 4h | 1.8042 | +0.054% | $7.1M | $18.2M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0445% | 4h | 1.8126 | +0.520% | $1.1M | $2.4M | 40x | as long as short |
| BingX PIEVERSE-USDT | +0.0470% | 4h | 1.8033 | +0.004% | — | $7.1M | — | as long as short |
| Binance PIEVERSEUSDT | +0.0478% | 4h | 1.8040 | +0.040% | $21.4M | $27.6M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0480% | 1h | 1.8028 | −0.022% | $41K | $241K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC PIEVERSE_USDTshort | +0.0484% | 4h | 1.8032 | −0.002% | $2.4M | $837K | 20x | |
| edgeX PIEVERSEUSDC | +0.0517% | 4h | 1.8169 | +0.758% | $37K | $430K | 10x | as long as short |
| Aster PIEVERSEUSDT | +0.0526% | 4h | 1.8013 | −0.108% | $166K | $262K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMlong | +0.0714% | 4h | 1.8032 | long leg | $13.7M | $2.5M | 20x |
KuCoin PIEVERSEUSDTM
MEXC PIEVERSE_USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
BingX PIEVERSE-USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
edgeX PIEVERSEUSDC
Aster PIEVERSEUSDT