PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0388%/8h= +42.5% APRnext payment +$1.94 per $10,000 · paid last 24h +0.071%

Price spread now: MEXC against Bybit+0.141%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1201.204% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.250%+$25 on $10k

Price spread, last 7 days+0.040%+$4 · spread now +0.141%, 7d avg +0.092%

Together, before fees+0.290%+$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and MEXC is 0.050% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.092%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.250% in total (about 13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.94 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	1.8235	0.0100	pay 0.0050% / 4h	1h 14m	$10.8M	$10.7M	20x
Short	MEXC PIEVERSE_USDT	1.8261	0.0488	get 0.0244% / 4h	1h 14m	$2.6M	$851K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.141%Rate

Funding earned: $81.48
Price spread: +0.141% → +0.092%: $4.99
Slippage, 4 orders: −$105.41
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$33.94
Costs to cover: 1.204%
Break-even: 9.9 days

Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 2 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, 4 min ago	1.93 bp	43.5 bp −$43	392.2 bp −$3,922	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.28 bp	17.2 bp −$17	80.2 bp −$802	529.0 bp −$52.9K	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
Bybit PIEVERSEUSDTlong	+0.0100%	4h	1.8235	long leg	$10.8M	$10.7M	20x
Gate PIEVERSE_USDT	+0.0100%	8h	1.8224	−0.061%	$8.3M	$3.4M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8243	+0.041%	$4.0M	$2.2M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8219	−0.086%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8275	+0.218%	$2K	$674K	20x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0420%	4h	1.8264	+0.158%	$7.2M	$17.9M	20x	as long as short
BingX PIEVERSE-USDT	+0.0466%	4h	1.8259	+0.131%	—	$7.1M	—	as long as short
Extended PIEVERSE-USD	+0.0488%	1h	1.8255	+0.106%	$39K	$249K	5x	as long as short
MEXC PIEVERSE_USDTshort	+0.0488%	4h	1.8261	+0.141%	$2.6M	$851K	20x
Binance PIEVERSEUSDT	+0.0489%	4h	1.8257	+0.120%	$21.6M	$27.0M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX PIEVERSEUSDC	+0.0500%	4h	1.8149	−0.475%	$37K	$434K	10x	as long as short
BloFin PIEVERSE-USDT	+0.0529%	4h	1.8249	+0.076%	$1.1M	$2.3M	40x	as long as short
Aster PIEVERSEUSDT	+0.0687%	4h	1.8277	+0.231%	$166K	$254K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0860%	4h	1.8278	+0.236%	$13.9M	$2.4M	20x	as long as short