PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0348%/8h= −38.1% APRnext payment −$1.74 per $10,000 · paid last 24h +0.010%

Price spread now: Bybit against OKX−0.021%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1481.484% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.258%+$26 on $10k

Price spread, last 7 days−0.070%−$7 · spread now −0.021%, 7d avg −0.028%

Together, before fees+0.188%+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.258%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PIEVERSE-USDT-SWAP	1.8774	0.0448	pay 0.0224% / 4h	3m 13s	$7.4M	$18.3M	20x
Short	Bybit PIEVERSEUSDT	1.8770	0.0100	get 0.0050% / 4h	3m 13s	$11.2M	$10.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$72.98
Price spread: −0.021% → −0.028%: $0.75
Slippage, 4 orders: −$127.43
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$220.66
Costs to cover: 1.484%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Bybit: 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 OKX live order book, 5 min ago	1.34 bp	25.5 bp −$25	154.6 bp −$1,546	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	5.64 bp	57.2 bp −$57	306.5 bp −$3,065	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
Bybit PIEVERSEUSDTshort	+0.0100%	4h	1.8770	−0.021%	$11.2M	$10.6M	20x
Gate PIEVERSE_USDT	+0.0100%	8h	1.8780	+0.032%	$8.6M	$3.4M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8783	+0.048%	$4.1M	$2.2M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8663	−0.590%	$50K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8778	+0.021%	$2K	$682K	20x	as long as short
Binance PIEVERSEUSDT	+0.0430%	4h	1.8768	−0.030%	$22.2M	$27.1M	20x	as long as short
Extended PIEVERSE-USD	+0.0432%	1h	1.8808	+0.183%	$43K	$253K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0432%	4h	1.8772	−0.011%	$2.6M	$857K	20x	as long as short
edgeX PIEVERSEUSDC	+0.0439%	4h	1.8717	−0.302%	$38K	$434K	10x	as long as short
BingX PIEVERSE-USDT	+0.0442%	4h	1.8798	+0.128%	—	$7.1M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PIEVERSE-USDT-SWAPlong	+0.0448%	4h	1.8774	long leg	$7.4M	$18.3M	20x
BloFin PIEVERSE-USDT	+0.0468%	4h	1.8748	−0.138%	$1.1M	$2.4M	40x	as long as short
Aster PIEVERSEUSDT	+0.0769%	4h	1.8802	+0.149%	$172K	$244K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0846%	4h	1.8802	+0.149%	$14.3M	$2.4M	20x	as long as short