PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0319%/8h= −34.9% APRnext payment −$1.59 per $10,000 · paid last 24h −0.034%

Price spread now: BloFin against KuCoin+0.362%95s7-day average +0.136% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as 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−$980.982% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.229%−$23 on $10k

Price spread, last 4 days (all we have)−0.762%−$76 · spread now +0.362%, 7d avg +0.136%

Together, before fees−0.991%−$99 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.226% dearer against KuCoin than usual: you sell high and buy low (spread +0.362% now, against its 7-day average of +0.136%): +$23 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.229% in total) that is about 6.9 days. The two prices were read 95 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	KuCoin PIEVERSEUSDTM	1.8168	0.0776	pay 0.0388% / 4h	3h 29m	$13.8M	$2.4M	20x
Short	BloFin PIEVERSE-USDT	1.8234	0.0457	get 0.0229% / 4h	3h 29m	$1.1M	$2.4M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.362%Rate

Funding earned: −$66.97
Price spread: +0.362% → +0.136%: $22.57
Slippage, 4 orders: −$74.19
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$142.59
Costs to cover: 0.982%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; BloFin: 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 KuCoin live order book, 4 min ago	5.04 bp	19.6 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	5.76 bp	22.1 bp −$22	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	1.8123	−0.249%	$8.3M	$3.4M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8164	−0.025%	$3.9M	$2.1M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8233	+0.356%	$49K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8236	+0.373%	$2K	$690K	20x	as long as short
edgeX PIEVERSEUSDC	+0.0409%	4h	1.8235	+0.367%	$37K	$436K	10x	as long as short
Extended PIEVERSE-USD	+0.0416%	1h	1.8169	+0.003%	$40K	$257K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0416%	4h	1.8148	−0.111%	$2.5M	$848K	20x	as long as short
Binance PIEVERSEUSDT	+0.0420%	4h	1.8156	−0.070%	$21.5M	$27.1M	20x	as long as short
BloFin PIEVERSE-USDTshort	+0.0457%	4h	1.8234	+0.362%	$1.1M	$2.4M	40x
OKX PIEVERSE-USDT-SWAP	+0.0465%	4h	1.8166	−0.012%	$7.2M	$17.7M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit PIEVERSEUSDT	+0.0534%	4h	1.8144	−0.131%	$10.9M	$10.6M	20x	as long as short
BingX PIEVERSE-USDT	+0.0610%	4h	1.8169	+0.004%	—	$7.1M	—	as long as short
Aster PIEVERSEUSDT	+0.0715%	4h	1.8165	−0.020%	$166K	$240K	5x	as long as short
KuCoin PIEVERSEUSDTMlong	+0.0776%	4h	1.8168	long leg	$13.8M	$2.4M	20x