PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against Binance−0.127%81s7-day average +0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as 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−$940.944% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.127%, 7d avg +0.079%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.206% cheaper against Binance than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.079%). Swap the legs. The two prices were read 81 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	Binance PIEVERSEUSDT	1.8084	0.0531	pay 0.0266% / 4h	1h 01m	$21.4M	$27.4M	20x
Short	BloFin PIEVERSE-USDT	1.8061	0.0494	get 0.0247% / 4h	1h 01m	$1.1M	$2.3M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.127%Rate

Funding earned: −$7.74
Price spread: −0.127% → +0.079%: −$20.63
Slippage, 4 orders: −$72.4
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$122.78
Costs to cover: 0.944%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 6 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 Binance live order book, 9 min ago	0.28 bp	25.2 bp −$25	234.5 bp −$2,345	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	0.28 bp	20.2 bp −$20	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
Bybit PIEVERSEUSDT	+0.0100%	4h	1.8073	−0.061%	$10.8M	$10.7M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8051	−0.182%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8025	−0.324%	$47K	$12K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8048	−0.199%	$2K	$713K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0174%	4h	1.8080	−0.020%	$3.9M	$2.2M	10x	as long as short
BloFin PIEVERSE-USDTshort	+0.0494%	4h	1.8061	−0.127%	$1.1M	$2.3M	40x
edgeX PIEVERSEUSDC	+0.0525%	4h	1.8050	−0.189%	$37K	$434K	10x	as long as short
Extended PIEVERSE-USD	+0.0528%	1h	1.8066	−0.097%	$43K	$205K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0530%	4h	1.8079	−0.028%	$2.5M	$826K	20x	as long as short
Binance PIEVERSEUSDTlong	+0.0531%	4h	1.8084	long leg	$21.4M	$27.4M	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIEVERSE-USDT	+0.0592%	4h	1.8095	+0.061%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0621%	4h	1.8092	+0.044%	$7.2M	$17.5M	20x	as long as short
Aster PIEVERSEUSDT	+0.0694%	4h	1.8078	−0.035%	$168K	$239K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0830%	4h	1.8056	−0.155%	$13.8M	$2.4M	20x	as long as short