Funding you earn now, next payment 00:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against Bybit+0.113%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$960.962% of the position
Funding, last 7 days+0.247%+$25 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now +0.113%, 7d avg +0.093%
=The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PIEVERSEUSDT | 1.8467 | 0.0436 | pay 0.0218% / 4h | 30m 03s | $11.1M | $12.3M | 20x |
| Short | Binance PIEVERSEUSDT | 1.8488 | 0.0567 | get 0.0284% / 4h | 30m 03s | $22.0M | $31.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $27.63
- Price spread: +0.113% → +0.093%
- $1.99
- Slippage, 4 orders
- −$75.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$66.59
- Costs to cover
- 0.962%
- Break-even
- 23.9 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 11 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 Bybit live order book, 3 min ago | 2.45 bp | 36.8 bp −$37 | 353.8 bp −$3,538 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.27 bp | 20.4 bp −$20 | 131.8 bp −$1,318 | 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 | 1.8429 | −0.206% | $8.4M | $3.8M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8366 | −0.545% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8425 | −0.227% | $1K | $678K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0270% | 4h | 1.8482 | +0.081% | $7.4M | $21.5M | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0306% | 4h | 1.8450 | −0.092% | $4.0M | $2.9M | 10x | as long as short |
| Bybit PIEVERSEUSDTlong | +0.0436% | 4h | 1.8467 | long leg | $11.1M | $12.3M | 20x | |
| BingX PIEVERSE-USDT | +0.0544% | 4h | 1.8481 | +0.076% | — | $7.2M | — | as long as short |
| edgeX PIEVERSEUSDC | +0.0560% | 4h | 1.8399 | −0.369% | $38K | $443K | 10x | as long as short |
| MEXC PIEVERSE_USDT | +0.0566% | 4h | 1.8463 | −0.022% | $2.5M | $878K | 20x | as long as short |
| Binance PIEVERSEUSDTshort | +0.0567% | 4h | 1.8488 | +0.113% | $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 | +0.0568% | 1h | 1.8447 | −0.107% | $41K | $160K | 5x | as long as short |
| BloFin PIEVERSE-USDT | +0.0571% | 4h | 1.8380 | −0.471% | $1.1M | $2.5M | 40x | as long as short |
| Aster PIEVERSEUSDT | +0.0600% | 4h | 1.8429 | −0.208% | $171K | $292K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0722% | 4h | 1.8465 | −0.009% | $14.0M | $2.9M | 20x | as long as short |
Bybit PIEVERSEUSDT
Binance PIEVERSEUSDT
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bitget PIEVERSEUSDT
BingX PIEVERSE-USDT
edgeX PIEVERSEUSDC
MEXC PIEVERSE_USDT
Extended PIEVERSE-USD
BloFin PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM