Funding you earn now, next payment 08:00 UTC−0.0520%/8h= −57.0% APRnext payment −$2.60 per $10,000 · paid last 24h −0.100%
Price spread now: SunX against OKX−0.291%7-day average −0.150% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.291%, 7d avg −0.150%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and SunX is 0.141% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.150%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.134% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.60 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 | OKX PIEVERSE-USDT-SWAP | 1.8216 | 0.0620 | pay 0.0310% / 4h | 51m 00s | $7.2M | $17.2M | 20x |
| Short | SunX PIEVERSE-USDT | 1.8163 | 0.0100 | get 0.0050% / 4h | 51m 00s | $1K | $712K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$109.28
- Price spread: −0.291% → −0.150%
- −$14.07
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$141.35
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 min ago; SunX: live order book, 71 min ago. Net counts fees only.
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, 2 min ago | 1.92 bp | 14.9 bp −$15 | 155.3 bp −$1,553 | doesn't fit | doesn't fit |
| Sell SunX live order book, 71 min ago | 500.18 bp | doesn't fit | 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 | 1.8185 | −0.170% | $10.9M | $10.4M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8161 | −0.302% | $8.3M | $3.3M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8082 | −0.735% | $47K | $12K | — | as long as short |
| SunX PIEVERSE-USDTshort | +0.0100% | 4h | 1.8163 | −0.291% | $1K | $712K | 20x | |
| Bitget PIEVERSEUSDT | +0.0158% | 4h | 1.8201 | −0.084% | $4.0M | $2.1M | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0496% | 4h | 1.8203 | −0.071% | $1.1M | $2.3M | 40x | as long as short |
| edgeX PIEVERSEUSDC | +0.0509% | 4h | 1.8238 | +0.122% | $37K | $433K | 10x | as long as short |
| MEXC PIEVERSE_USDT | +0.0530% | 4h | 1.8188 | −0.154% | $2.6M | $811K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0532% | 4h | 1.8197 | −0.104% | $21.5M | $27.1M | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0536% | 1h | 1.8186 | −0.167% | $42K | $231K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PIEVERSE-USDT | +0.0590% | 4h | 1.8195 | −0.115% | — | $7.1M | — | as long as short |
| OKX PIEVERSE-USDT-SWAPlong | +0.0620% | 4h | 1.8216 | long leg | $7.2M | $17.2M | 20x | |
| Aster PIEVERSEUSDT | +0.0689% | 4h | 1.8180 | −0.198% | $169K | $234K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0828% | 4h | 1.8200 | −0.088% | $13.9M | $2.4M | 20x | as long as short |
OKX PIEVERSE-USDT-SWAP
SunX PIEVERSE-USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
Bitget PIEVERSEUSDT
BloFin PIEVERSE-USDT
edgeX PIEVERSEUSDC
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
BingX PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM