Funding you earn now, next payment 04:00 UTC−0.0233%/8h= −25.5% APRnext payment −$1.17 per $10,000 · paid last 24h −0.068%
Price spread now: Bybit against BloFin−0.101%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1181.178% of the position
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 3 days (all we have)+0.167%+$17 · spread now −0.101%, 7d avg −0.116%
=The price spread sits at its 7-day average of −0.116%, 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 | BloFin PIEVERSE-USDT | 1.8482 | 0.0535 | pay 0.0268% / 4h | 3h 17m | $1.1M | $2.4M | 40x |
| Short | Bybit PIEVERSEUSDT | 1.8463 | 0.0302 | get 0.0151% / 4h | 3h 17m | $11.1M | $11.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$48.98
- Price spread: −0.101% → −0.116%
- $1.56
- Slippage, 4 orders
- −$94.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$165.19
- Costs to cover
- 1.178%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 1 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 BloFin live order book, 6 min ago | 0.82 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.08 bp | 39.1 bp −$39 | 280.4 bp −$2,804 | 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 | 1.8434 | −0.260% | $8.4M | $3.5M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8349 | −0.717% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8460 | −0.119% | $2K | $664K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0160% | 4h | 1.8446 | −0.195% | $4.0M | $2.4M | 10x | as long as short |
| Bybit PIEVERSEUSDTshort | +0.0302% | 4h | 1.8463 | −0.101% | $11.1M | $11.3M | 20x | |
| OKX PIEVERSE-USDT-SWAP | +0.0328% | 4h | 1.8463 | −0.103% | $7.4M | $19.1M | 20x | as long as short |
| BingX PIEVERSE-USDT | +0.0502% | 4h | 1.8473 | −0.049% | — | $7.1M | — | as long as short |
| MEXC PIEVERSE_USDT | +0.0528% | 4h | 1.8477 | −0.027% | $2.5M | $883K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0532% | 4h | 1.8476 | −0.030% | $22.0M | $28.2M | 20x | as long as short |
| BloFin PIEVERSE-USDTlong | +0.0535% | 4h | 1.8482 | long leg | $1.1M | $2.4M | 40x |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended PIEVERSE-USD | +0.0536% | 1h | 1.8462 | −0.111% | $42K | $243K | 5x | as long as short |
| edgeX PIEVERSEUSDC | +0.0557% | 4h | 1.8361 | −0.655% | $38K | $445K | 10x | as long as short |
| Aster PIEVERSEUSDT | +0.0582% | 4h | 1.8462 | −0.108% | $171K | $271K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0772% | 4h | 1.8472 | −0.052% | $14.1M | $2.6M | 20x | as long as short |
BloFin PIEVERSE-USDT
Bybit PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
OKX PIEVERSE-USDT-SWAP
BingX PIEVERSE-USDT
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
Extended PIEVERSE-USD
edgeX PIEVERSEUSDC
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM