Funding you earn now, next payment 00:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.79 per $10,000 · paid last 24h −0.072%
Price spread now: Bybit against Binance−0.078%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1631.632% of the position
Funding, last 7 days−0.247%−$25 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now −0.078%, 7d avg −0.094%
=The price spread sits at its 7-day average of −0.094%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.247%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIEVERSEUSDT | 1.8431 | 0.0571 | pay 0.0286% / 4h | 2h 09m | $21.9M | $31.2M | 20x |
| Short | Bybit PIEVERSEUSDT | 1.8417 | 0.0730 | get 0.0365% / 4h | 2h 09m | $11.2M | $12.1M | 20x |
Binance PIEVERSEUSDT
Bybit PIEVERSEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $33.31
- Price spread: −0.078% → −0.094%
- $1.64
- Slippage, 4 orders
- −$142.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$128.21
- Costs to cover
- 1.632%
- Break-even
- 33.9 days
Slippage from Binance: live order book, 2 min ago; Bybit: live order book, 9 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, 2 min ago | 0.54 bp | 25.5 bp −$25 | 186.0 bp −$1,860 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 9 min ago | 3.80 bp | 62.6 bp −$63 | 303.0 bp −$3,030 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PIEVERSE-USDT-SWAP | +0.0100% | 4h | 1.8431 | +0.001% | $7.4M | $21.6M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8407 | −0.130% | $8.4M | $3.9M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8415 | −0.086% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8406 | −0.135% | $2K | $662K | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0228% | 4h | 1.8439 | +0.046% | $4.0M | $2.9M | 10x | as long as short |
| BloFin PIEVERSE-USDT | +0.0551% | 4h | 1.8442 | +0.060% | $1.1M | $2.5M | 40x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0554% | 4h | 1.8428 | −0.016% | $13.8M | $2.9M | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0568% | 4h | 1.8453 | +0.119% | $38K | $440K | 10x | as long as short |
| Extended PIEVERSE-USD | +0.0568% | 1h | 1.8431 | +0.001% | $41K | $160K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0570% | 4h | 1.8433 | +0.011% | $2.5M | $884K | 20x | as long as short |
OKX PIEVERSE-USDT-SWAP
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
Bitget PIEVERSEUSDT
BloFin PIEVERSE-USDT
KuCoin PIEVERSEUSDTM
edgeX PIEVERSEUSDC
Extended PIEVERSE-USD
MEXC PIEVERSE_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PIEVERSEUSDTlong | +0.0571% | 4h | 1.8431 | long leg | $21.9M | $31.2M | 20x | |
| Aster PIEVERSEUSDT | +0.0581% | 4h | 1.8424 | −0.037% | $172K | $291K | 5x | as long as short |
| BingX PIEVERSE-USDT | +0.0700% | 4h | 1.8432 | +0.006% | — | $7.2M | — | as long as short |
| Bybit PIEVERSEUSDTshort | +0.0730% | 4h | 1.8417 | −0.078% | $11.2M | $12.1M | 20x |
Aster PIEVERSEUSDT
BingX PIEVERSE-USDT