PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0672%/8h= +73.6% APRnext payment +$3.36 per $10,000 · paid last 24h +0.123%

Price spread now: KuCoin against Bybit+0.064%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$147as in the Price arb table

costs, in and out, $10k−$1501.504% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.517%+$52 on $10k

Price spread, last 7 days+0.020%+$2 · spread now +0.064%, 7d avg +0.030%

Together, before fees+0.537%+$54 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and KuCoin is 0.034% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PIEVERSEUSDT	1.8329	0.0100	pay 0.0050% / 4h	51m 41s	$11.0M	$9.0M	20x
Short	KuCoin PIEVERSEUSDTM	1.8341	0.0772	get 0.0386% / 4h	51m 41s	$14.0M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.064%Rate

Funding earned: $141.12
Price spread: +0.064% → +0.030%: $3.41
Slippage, 4 orders: −$127.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$5.82
Costs to cover: 1.504%
Break-even: 7.3 days

Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 5 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	2.74 bp	46.2 bp −$46	362.2 bp −$3,622	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	4.16 bp	27.5 bp −$27	doesn't fit	doesn't fit	doesn't fit

PIEVERSE on 14 exchanges

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 PIEVERSEUSDTlong	+0.0100%	4h	1.8329	long leg	$11.0M	$9.0M	20x
Gate PIEVERSE_USDT	+0.0100%	8h	1.8312	−0.092%	$8.4M	$2.7M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8349	+0.111%	$4.0M	$1.7M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8238	−0.495%	$48K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8315	−0.076%	$1K	$712K	20x	as long as short
Aster PIEVERSEUSDT	+0.0326%	4h	1.8331	+0.011%	$175K	$129K	5x	as long as short
BloFin PIEVERSE-USDT	+0.0338%	4h	1.8303	−0.141%	$1.1M	$2.1M	40x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0348%	4h	1.8345	+0.088%	$7.3M	$13.8M	20x	as long as short
edgeX PIEVERSEUSDC	+0.0370%	4h	1.8278	−0.276%	$37K	$434K	10x	as long as short
BingX PIEVERSE-USDT	+0.0392%	4h	1.8341	+0.066%	—	$7.0M	—	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC PIEVERSE_USDT	+0.0398%	4h	1.8346	+0.093%	$2.6M	$711K	20x	as long as short
Extended PIEVERSE-USD	+0.0400%	1h	1.8337	+0.042%	$45K	$294K	5x	as long as short
Binance PIEVERSEUSDT	+0.0403%	4h	1.8345	+0.088%	$21.8M	$23.4M	20x	as long as short
KuCoin PIEVERSEUSDTMshort	+0.0772%	4h	1.8341	+0.064%	$14.0M	$1.9M	20x