Funding you earn now, next payment 04:00 UTC+0.0227%/8h= +24.9% APRnext payment +$1.14 per $10,000 · paid last 24h +0.081%
Price spread now: Binance against OKX+0.051%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$930.933% of the position
Funding, last 7 days+0.509%+$51 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now +0.051%, 7d avg +0.064%
=The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PIEVERSE-USDT-SWAP | 1.8470 | 0.0340 | pay 0.0170% / 4h | 3h 32m | $7.4M | $20.2M | 20x |
| Short | Binance PIEVERSEUSDT | 1.8479 | 0.0567 | get 0.0283% / 4h | 3h 32m | $22.0M | $29.5M | 20x |
OKX PIEVERSE-USDT-SWAP
Binance PIEVERSEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $47.7
- Price spread: +0.051% → +0.064%
- −$1.33
- Slippage, 4 orders
- −$73.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.92
- Costs to cover
- 0.933%
- Break-even
- 13.9 days
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 9 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 OKX live order book, 1 min ago | 0.81 bp | 27.2 bp −$27 | 151.3 bp −$1,513 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.54 bp | 21.2 bp −$21 | 134.8 bp −$1,348 | 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 | 1.8423 | −0.254% | $8.4M | $3.5M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8435 | −0.191% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8393 | −0.417% | $2K | $679K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0206% | 4h | 1.8477 | +0.038% | $4.0M | $2.6M | 10x | as long as short |
| OKX PIEVERSE-USDT-SWAPlong | +0.0340% | 4h | 1.8470 | long leg | $7.4M | $20.2M | 20x | |
| BloFin PIEVERSE-USDT | +0.0511% | 4h | 1.8396 | −0.401% | $1.1M | $2.4M | 40x | as long as short |
| MEXC PIEVERSE_USDT | +0.0566% | 4h | 1.8454 | −0.087% | $2.5M | $877K | 20x | as long as short |
| Binance PIEVERSEUSDTshort | +0.0567% | 4h | 1.8479 | +0.051% | $22.0M | $29.5M | 20x | |
| Extended PIEVERSE-USD | +0.0568% | 1h | 1.8450 | −0.107% | $42K | $238K | 5x | as long as short |
| edgeX PIEVERSEUSDC | +0.0576% | 4h | 1.8427 | −0.231% | $38K | $445K | 10x | as long as short |
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
BloFin PIEVERSE-USDT
MEXC PIEVERSE_USDT
Extended PIEVERSE-USD
edgeX PIEVERSEUSDCShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PIEVERSEUSDT | +0.0613% | 4h | 1.8438 | −0.172% | $170K | $289K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0764% | 4h | 1.8474 | +0.024% | $14.0M | $2.8M | 20x | as long as short |
| Bybit PIEVERSEUSDT | +0.0961% | 4h | 1.8461 | −0.049% | $11.2M | $11.7M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0972% | 4h | 1.8474 | +0.022% | — | $7.2M | — | as long as short |
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
Bybit PIEVERSEUSDT
BingX PIEVERSE-USDT