PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0694%/8h= −76.0% APRnext payment −$3.47 per $10,000 · paid last 24h −0.041%

Price spread now: Bitget against Bybit+0.085%7-day average +0.094% · you sell dearer than you buy

Net, funding: paid 7d − costs−$163as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1441.438% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.196%−$20 on $10k

Price spread, last 7 days+0.118%+$12 · spread now +0.085%, 7d avg +0.094%

Together, before fees−0.078%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.094%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.196% in total (about -10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.47 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	Bybit PIEVERSEUSDT	1.8446	0.0918	pay 0.0459% / 4h	3h 43m	$11.2M	$12.2M	20x
Short	Bitget PIEVERSEUSDT	1.8462	0.0224	get 0.0112% / 4h	3h 43m	$4.0M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now +0.085%Rate

Funding earned: −$145.78
Price spread: +0.085% → +0.094%: −$0.96
Slippage, 4 orders: −$120.77
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$290.51
Costs to cover: 1.438%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 4 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, 5 min ago	1.90 bp	44.8 bp −$45	388.7 bp −$3,887	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	5.24 bp	29.2 bp −$29	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
Gate PIEVERSE_USDT	+0.0100%	8h	1.8400	−0.250%	$8.4M	$3.5M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8379	−0.366%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8334	−0.608%	$1K	$686K	20x	as long as short
Bitget PIEVERSEUSDTshort	+0.0224%	4h	1.8462	+0.085%	$4.0M	$2.9M	10x
OKX PIEVERSE-USDT-SWAP	+0.0300%	4h	1.8463	+0.091%	$7.4M	$21.3M	20x	as long as short
BloFin PIEVERSE-USDT	+0.0529%	4h	1.8325	−0.657%	$1.1M	$2.4M	40x	as long as short
Extended PIEVERSE-USD	+0.0552%	1h	1.8456	+0.051%	$40K	$183K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0552%	4h	1.8451	+0.026%	$2.5M	$875K	20x	as long as short
Binance PIEVERSEUSDT	+0.0553%	4h	1.8462	+0.085%	$21.9M	$31.1M	20x	as long as short
edgeX PIEVERSEUSDC	+0.0580%	4h	1.8338	−0.588%	$38K	$446K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PIEVERSEUSDT	+0.0588%	4h	1.8425	−0.117%	$170K	$290K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0730%	4h	1.8438	−0.047%	$14.0M	$3.0M	20x	as long as short
BingX PIEVERSE-USDT	+0.0760%	4h	1.8457	+0.059%	—	$7.2M	—	as long as short
Bybit PIEVERSEUSDTlong	+0.0918%	4h	1.8446	long leg	$11.2M	$12.2M	20x