PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0412%/8h= +45.2% APRnext payment +$2.06 per $10,000 · paid last 24h +0.060%

Price spread now: OKX against Bitget+0.027%7-day average −0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$930.928% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.046%−$5 on $10k

Price spread, last 7 days−0.045%−$5 · spread now +0.027%, 7d avg −0.062%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and OKX is 0.089% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.062%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.046% in total (about -2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.06 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	Bitget PIEVERSEUSDT	1.8206	0.0152	pay 0.0076% / 4h	2h 39m	$3.9M	$2.1M	10x
Short	OKX PIEVERSE-USDT-SWAP	1.8211	0.0564	get 0.0282% / 4h	2h 39m	$7.2M	$17.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now +0.027%Rate

Funding earned: $86.61
Price spread: +0.027% → −0.062%: $8.95
Slippage, 4 orders: −$70.76
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: $2.8
Costs to cover: 0.928%
Break-even: 6.8 days

Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago	4.28 bp	24.7 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.82 bp	22.8 bp −$23	132.6 bp −$1,326	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	1.8196	−0.055%	$10.9M	$10.6M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8185	−0.115%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8216	+0.053%	$49K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8181	−0.137%	$2K	$694K	20x	as long as short
Bitget PIEVERSEUSDTlong	+0.0152%	4h	1.8206	long leg	$3.9M	$2.1M	10x
edgeX PIEVERSEUSDC	+0.0459%	4h	1.8185	−0.113%	$37K	$430K	10x	as long as short
MEXC PIEVERSE_USDT	+0.0472%	4h	1.8209	+0.016%	$2.6M	$814K	20x	as long as short
Extended PIEVERSE-USD	+0.0480%	1h	1.8194	−0.067%	$42K	$207K	5x	as long as short
Binance PIEVERSEUSDT	+0.0482%	4h	1.8201	−0.027%	$21.5M	$27.1M	20x	as long as short
BingX PIEVERSE-USDT	+0.0514%	4h	1.8202	−0.022%	—	$7.1M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin PIEVERSE-USDT	+0.0530%	4h	1.8221	+0.082%	$1.1M	$2.3M	40x	as long as short
OKX PIEVERSE-USDT-SWAPshort	+0.0564%	4h	1.8211	+0.027%	$7.2M	$17.6M	20x
Aster PIEVERSEUSDT	+0.0714%	4h	1.8180	−0.142%	$168K	$240K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0852%	4h	1.8217	+0.061%	$13.9M	$2.4M	20x	as long as short