PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.47 per $10,000 · paid last 24h −0.072%

Price spread now: Bybit against Binance−0.032%7-day average −0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1151.146% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.247%−$25 on $10k

Price spread, last 7 days−0.155%−$15 · spread now −0.032%, 7d avg −0.094%

Together, before fees−0.402%−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.061% dearer against Binance than usual: you sell high and buy low (spread −0.032% now, against its 7-day average of −0.094%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PIEVERSEUSDT	1.8491	0.0591	pay 0.0295% / 4h	58m 22s	$22.0M	$31.1M	20x
Short	Bybit PIEVERSEUSDT	1.8485	0.0497	get 0.0249% / 4h	58m 22s	$11.2M	$12.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$19.68
Price spread: −0.032% → −0.094%: $6.11
Slippage, 4 orders: −$93.56
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$128.13
Costs to cover: 1.146%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Bybit: live order book, 5 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 Binance live order book, 13 min ago	0.81 bp	26.7 bp −$27	167.8 bp −$1,678	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.63 bp	26.4 bp −$26	254.6 bp −$2,546	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	1.8458	−0.178%	$8.4M	$3.8M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8462	−0.157%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8468	−0.124%	$1K	$673K	20x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0210%	4h	1.8500	+0.049%	$7.4M	$21.6M	20x	as long as short
Bitget PIEVERSEUSDT	+0.0294%	4h	1.8510	+0.101%	$4.0M	$2.9M	10x	as long as short
Bybit PIEVERSEUSDTshort	+0.0497%	4h	1.8485	−0.032%	$11.2M	$12.2M	20x
BingX PIEVERSE-USDT	+0.0568%	4h	1.8495	+0.022%	—	$7.2M	—	as long as short
edgeX PIEVERSEUSDC	+0.0585%	4h	1.8451	−0.216%	$38K	$442K	10x	as long as short
MEXC PIEVERSE_USDT	+0.0590%	4h	1.8498	+0.038%	$2.5M	$872K	20x	as long as short
Binance PIEVERSEUSDTlong	+0.0591%	4h	1.8491	long leg	$22.0M	$31.1M	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended PIEVERSE-USD	+0.0592%	1h	1.8489	−0.012%	$42K	$160K	5x	as long as short
Aster PIEVERSEUSDT	+0.0620%	4h	1.8448	−0.233%	$171K	$292K	5x	as long as short
BloFin PIEVERSE-USDT	+0.0626%	4h	1.8487	−0.022%	$1.1M	$2.5M	40x	as long as short
KuCoin PIEVERSEUSDTM	+0.0664%	4h	1.8493	+0.009%	$14.0M	$2.9M	20x	as long as short