PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0131%/8h= +14.3% APRnext payment +$0.65 per $10,000 · paid last 24h +0.073%

Price spread now: edgeX against Bybit−0.631%91s7-day average +0.112% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1141.139% of the position

Long on Bybit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.249%+$25 on $10k

Price spread, last 3 days (all we have)+1.348%+$135 · spread now −0.631%, 7d avg +0.112%

Together, before fees+1.597%+ Points / potential airdropedgeX: Active · farm board+$160 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.743% cheaper against Bybit than usual: you would sell low and buy high (spread −0.631% now, against its 7-day average of +0.112%). If the spread goes back, that is −$74 on $10k: about 19 days of funding at the current rate (+$4 a day). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PIEVERSEUSDT	1.8382	0.0450	pay 0.0225% / 4h	1h 22m	$11.1M	$12.2M	20x
Short	edgeX PIEVERSEUSDC	1.8266	0.0580	get 0.0290% / 4h	1h 22m	$38K	$439K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.631%Rate

Funding earned: $27.46
Price spread: −0.631% → +0.112%: −$74.28
Slippage, 4 orders: −$93.86
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$160.69
Costs to cover: 1.139%
Break-even: 48.0 days

Slippage from Bybit: live order book, 1 min ago; edgeX: live order book, 61 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, 1 min ago	0.81 bp	47.4 bp −$47	262.9 bp −$2,629	doesn't fit	doesn't fit
Sell edgeX live order book, 61 min ago	4.61 bp	13.1 bp −$13	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	1.8377	−0.027%	$8.3M	$3.9M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8225	−0.853%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8400	+0.098%	$1K	$670K	20x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0139%	4h	1.8375	−0.038%	$7.3M	$21.4M	20x	as long as short
Bitget PIEVERSEUSDT	+0.0280%	4h	1.8392	+0.053%	$4.0M	$2.9M	10x	as long as short
Bybit PIEVERSEUSDTlong	+0.0450%	4h	1.8382	long leg	$11.1M	$12.2M	20x
BingX PIEVERSE-USDT	+0.0566%	4h	1.8383	+0.005%	—	$7.2M	—	as long as short
edgeX PIEVERSEUSDCshort	+0.0580%	4h	1.8266	−0.631%	$38K	$439K	10x
Extended PIEVERSE-USD	+0.0592%	1h	1.8387	+0.029%	$41K	$160K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0594%	4h	1.8396	+0.076%	$2.5M	$879K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PIEVERSEUSDT	+0.0594%	4h	1.8386	+0.022%	$21.9M	$31.1M	20x	as long as short
BloFin PIEVERSE-USDT	+0.0605%	4h	1.8387	+0.027%	$1.1M	$2.5M	40x	as long as short
Aster PIEVERSEUSDT	+0.0607%	4h	1.8398	+0.087%	$171K	$292K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0626%	4h	1.8396	+0.075%	$14.0M	$2.9M	20x	as long as short