PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.001%

Price spread now: BingX against OKX−0.016%7-day average +0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$960.959% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.284%+$28 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.016%, 7d avg +0.048%

Together, before fees+0.308%+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.065% cheaper against OKX than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.048%). If the spread goes back, that is −$6 on $10k: about 5.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.284% in total) that is about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PIEVERSE-USDT-SWAP	1.8269	0.0428	pay 0.0214% / 4h	1h 09m	$7.2M	$17.8M	20x
Short	BingX PIEVERSE-USDT	1.8266	0.0464	get 0.0232% / 4h	1h 09m	—	$7.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now −0.016%Rate

Funding earned: $7.62
Price spread: −0.016% → +0.048%: −$6.46
Slippage, 4 orders: −$75.93
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$94.77
Costs to cover: 0.959%
Break-even: 94.0 days

Slippage from OKX: live order book, 4 min ago; BingX: live order book, 8 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, 4 min ago	2.75 bp	24.5 bp −$25	144.4 bp −$1,444	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	3.31 bp	26.3 bp −$26	89.9 bp −$899	1090.7 bp −$109.1K	1416.2 bp −$708.1K

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	1.8260	−0.050%	$10.9M	$10.7M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8215	−0.296%	$8.3M	$3.4M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8246	−0.124%	$4.0M	$2.2M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8198	−0.386%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8213	−0.307%	$1K	$675K	20x	as long as short
OKX PIEVERSE-USDT-SWAPlong	+0.0428%	4h	1.8269	long leg	$7.2M	$17.8M	20x
BloFin PIEVERSE-USDT	+0.0445%	4h	1.8249	−0.109%	$1.1M	$2.3M	40x	as long as short
BingX PIEVERSE-USDTshort	+0.0464%	4h	1.8266	−0.016%	—	$7.1M	—
Binance PIEVERSEUSDT	+0.0486%	4h	1.8262	−0.038%	$21.6M	$27.0M	20x	as long as short
MEXC PIEVERSE_USDT	+0.0486%	4h	1.8256	−0.071%	$2.6M	$854K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended PIEVERSE-USD	+0.0488%	1h	1.8257	−0.067%	$41K	$251K	5x	as long as short
edgeX PIEVERSEUSDC	+0.0502%	4h	1.8220	−0.267%	$37K	$432K	10x	as long as short
Aster PIEVERSEUSDT	+0.0685%	4h	1.8228	−0.222%	$166K	$253K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0868%	4h	1.8232	−0.203%	$13.9M	$2.4M	20x	as long as short