Funding you earn now, next payment 08:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.37 per $10,000 · paid last 24h −0.060%
Price spread now: BingX against MEXC+0.022%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$800.797% of the position
Funding, last 7 days−0.225%−$22 on $10k
+Price spread, last 7 days−0.110%−$11 · spread now +0.022%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.036% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.225%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PIEVERSE_USDT | 1.8123 | 0.0472 | pay 0.0236% / 4h | 2h 27m | $2.5M | $818K | 20x |
| Short | BingX PIEVERSE-USDT | 1.8127 | 0.0546 | get 0.0273% / 4h | 2h 27m | — | $7.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $15.54
- Price spread: +0.022% → −0.014%
- $3.61
- Slippage, 4 orders
- −$65.67
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$60.52
- Costs to cover
- 0.797%
- Break-even
- 34.3 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 10 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 MEXC live order book, 5 min ago | 1.65 bp | 20.7 bp −$21 | 78.4 bp −$784 | 543.9 bp −$54.4K | doesn't fit |
| Sell BingX live order book, 10 min ago | 2.48 bp | 22.6 bp −$23 | 91.5 bp −$915 | 934.8 bp −$93.5K | 1255.3 bp −$627.6K |
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 | 1.8112 | −0.062% | $10.9M | $10.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8111 | −0.066% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8141 | +0.100% | $48K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8102 | −0.116% | $1K | $696K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0156% | 4h | 1.8137 | +0.079% | $3.9M | $2.1M | 10x | as long as short |
| edgeX PIEVERSEUSDC | +0.0455% | 4h | 1.8169 | +0.254% | $37K | $430K | 10x | as long as short |
| Extended PIEVERSE-USD | +0.0472% | 1h | 1.8123 | 0.000% | $39K | $209K | 5x | as long as short |
| MEXC PIEVERSE_USDTlong | +0.0472% | 4h | 1.8123 | long leg | $2.5M | $818K | 20x | |
| Binance PIEVERSEUSDT | +0.0474% | 4h | 1.8125 | +0.013% | $21.4M | $27.1M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0521% | 4h | 1.8134 | +0.061% | $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-USDTshort | +0.0546% | 4h | 1.8127 | +0.022% | — | $7.1M | — | |
| OKX PIEVERSE-USDT-SWAP | +0.0578% | 4h | 1.8126 | +0.017% | $7.2M | $17.5M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0694% | 4h | 1.8121 | −0.010% | $168K | $241K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0830% | 4h | 1.8152 | +0.162% | $13.8M | $2.4M | 20x | as long as short |
MEXC PIEVERSE_USDT
BingX PIEVERSE-USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
Binance PIEVERSEUSDT
BloFin PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM