Funding you earn now, next payment 08:00 UTC+0.0380%/8h= +41.6% APRnext payment +$1.90 per $10,000 · paid last 24h +0.037%
Price spread now: KuCoin against MEXC+0.002%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$940.937% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.002%, 7d avg −0.060%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and KuCoin is 0.062% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.060%.
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 +$1.90 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 | MEXC PIEVERSE_USDT | 1.8228 | 0.0488 | pay 0.0244% / 4h | 2h 11m | $2.6M | $824K | 20x |
| Short | KuCoin PIEVERSEUSDTM | 1.8228 | 0.0868 | get 0.0434% / 4h | 2h 11m | $13.9M | $2.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $79.8
- Price spread: +0.002% → −0.060%
- $6.21
- Slippage, 4 orders
- −$77.68
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$7.68
- Costs to cover
- 0.937%
- Break-even
- 7.7 days
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago | 1.92 bp | 13.4 bp −$13 | 76.6 bp −$766 | 344.9 bp −$34.5K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 9.55 bp | 23.3 bp −$23 | doesn't fit | 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 | 1.8210 | −0.098% | $10.9M | $10.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8193 | −0.192% | $8.3M | $3.4M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8221 | −0.038% | $48K | $11K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8200 | −0.154% | $1K | $698K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0172% | 4h | 1.8225 | −0.016% | $3.9M | $2.1M | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0442% | 4h | 1.8231 | +0.016% | $1.1M | $2.3M | 40x | as long as short |
| edgeX PIEVERSEUSDC | +0.0481% | 4h | 1.8203 | −0.137% | $37K | $430K | 10x | as long as short |
| Binance PIEVERSEUSDT | +0.0484% | 4h | 1.8229 | +0.005% | $21.5M | $27.1M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0488% | 1h | 1.8226 | −0.009% | $39K | $209K | 5x | as long as short |
| MEXC PIEVERSE_USDTlong | +0.0488% | 4h | 1.8228 | long leg | $2.6M | $824K | 20x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIEVERSE-USDT | +0.0592% | 4h | 1.8228 | 0.000% | — | $7.1M | — | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0623% | 4h | 1.8224 | −0.022% | $7.2M | $17.7M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0700% | 4h | 1.8212 | −0.088% | $169K | $240K | 5x | as long as short |
| KuCoin PIEVERSEUSDTMshort | +0.0868% | 4h | 1.8228 | +0.002% | $13.9M | $2.4M | 20x |
MEXC PIEVERSE_USDT
KuCoin PIEVERSEUSDTM
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
BloFin PIEVERSE-USDT
edgeX PIEVERSEUSDC
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
BingX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Aster PIEVERSEUSDT