PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0198%/8h= −21.6% APRnext payment −$0.99 per $10,000 · paid last 24h −0.099%

Price spread now: OKX against KuCoin+0.210%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$1101.100% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.728%−$73 on $10k

Price spread, last 7 days−0.207%−$21 · spread now +0.210%, 7d avg −0.001%

Together, before fees−0.935%−$93 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.211% dearer against KuCoin than usual: you sell high and buy low (spread +0.210% now, against its 7-day average of −0.001%): +$21 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PIEVERSEUSDTM	1.8142	0.0810	pay 0.0405% / 4h	1h 42m	$13.8M	$2.4M	20x
Short	OKX PIEVERSE-USDT-SWAP	1.8180	0.0612	get 0.0306% / 4h	1h 42m	$7.2M	$17.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.210%Rate

Funding earned: −$41.49
Price spread: +0.210% → −0.001%: $21.07
Slippage, 4 orders: −$88.04
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$130.47
Costs to cover: 1.100%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; OKX: live order book, 1 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	12.02 bp	33.1 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.92 bp	23.9 bp −$24	148.0 bp −$1,480	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	1.8165	+0.127%	$10.9M	$10.7M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8130	−0.066%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8117	−0.138%	$48K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8128	−0.077%	$2K	$708K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0174%	4h	1.8157	+0.083%	$3.9M	$2.1M	10x	as long as short
MEXC PIEVERSE_USDT	+0.0518%	4h	1.8158	+0.089%	$2.6M	$819K	20x	as long as short
Extended PIEVERSE-USD	+0.0520%	1h	1.8153	+0.059%	$41K	$207K	5x	as long as short
Binance PIEVERSEUSDT	+0.0526%	4h	1.8159	+0.096%	$21.5M	$27.4M	20x	as long as short
edgeX PIEVERSEUSDC	+0.0530%	4h	1.8161	+0.106%	$37K	$434K	10x	as long as short
BloFin PIEVERSE-USDT	+0.0560%	4h	1.8200	+0.320%	$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	+0.0562%	4h	1.8161	+0.105%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAPshort	+0.0612%	4h	1.8180	+0.210%	$7.2M	$17.7M	20x
Aster PIEVERSEUSDT	+0.0709%	4h	1.8168	+0.143%	$169K	$240K	5x	as long as short
KuCoin PIEVERSEUSDTMlong	+0.0810%	4h	1.8142	long leg	$13.8M	$2.4M	20x