Funding you earn now, next payment 04:00 UTC−0.0257%/8h= −28.1% APRnext payment −$1.28 per $10,000 · paid last 24h −0.081%
Price spread now: OKX against MEXC−0.016%7-day average −0.066% · 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−$56as in the Price arb table
costs, in and out, $10k−$610.607% of the position
Funding, last 7 days−0.508%−$51 on $10k
+Price spread, last 7 days−0.088%−$9 · spread now −0.016%, 7d avg −0.066%
=The price spread pays, funding is against you. OKX is 0.050% dearer against MEXC than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.066%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC PIEVERSE_USDT | 1.8419 | 0.0578 | pay 0.0289% / 4h | 3h 50m | $2.5M | $874K | 20x |
| Short | OKX PIEVERSE-USDT-SWAP | 1.8416 | 0.0321 | get 0.0161% / 4h | 3h 50m | $7.3M | $21.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$53.95
- Price spread: −0.016% → −0.066%
- $4.99
- Slippage, 4 orders
- −$46.73
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$109.69
- Costs to cover
- 0.607%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; OKX: 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, 6 min ago | 0.27 bp | 10.1 bp −$10 | 68.9 bp −$689 | 450.7 bp −$45.1K | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.81 bp | 18.1 bp −$18 | 99.1 bp −$991 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8391 | −0.152% | $8.4M | $3.5M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8385 | −0.186% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8372 | −0.255% | $2K | $685K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0250% | 4h | 1.8429 | +0.055% | $4.0M | $2.9M | 10x | as long as short |
| OKX PIEVERSE-USDT-SWAPshort | +0.0321% | 4h | 1.8416 | −0.016% | $7.3M | $21.3M | 20x | |
| BingX PIEVERSE-USDT | +0.0542% | 4h | 1.8419 | 0.000% | — | $7.2M | — | as long as short |
| BloFin PIEVERSE-USDT | +0.0545% | 4h | 1.8409 | −0.054% | $1.1M | $2.5M | 40x | as long as short |
| edgeX PIEVERSEUSDC | +0.0558% | 4h | 1.8419 | −0.003% | $38K | $443K | 10x | as long as short |
| Extended PIEVERSE-USD | +0.0576% | 1h | 1.8418 | −0.005% | $40K | $168K | 5x | as long as short |
| MEXC PIEVERSE_USDTlong | +0.0578% | 4h | 1.8419 | long leg | $2.5M | $874K | 20x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDT | +0.0579% | 4h | 1.8421 | +0.009% | $21.9M | $31.2M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0616% | 4h | 1.8400 | −0.103% | $170K | $291K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0754% | 4h | 1.8412 | −0.037% | $14.0M | $3.0M | 20x | as long as short |
| Bybit PIEVERSEUSDT | +0.0904% | 4h | 1.8417 | −0.014% | $11.1M | $12.3M | 20x | as long as short |
MEXC PIEVERSE_USDT
OKX PIEVERSE-USDT-SWAP
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
BingX PIEVERSE-USDT
BloFin PIEVERSE-USDT
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
Binance PIEVERSEUSDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
Bybit PIEVERSEUSDT