PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0349%/8h= −38.2% APRnext payment −$1.75 per $10,000 · paid last 24h −0.080%

Price spread now: Bybit against BloFin−0.337%102s7-day average −0.115% · you buy dearer than you sell

Net, funding: paid 7d − costs−$161as 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−$1341.345% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.261%−$26 on $10k

Price spread, last 4 days (all we have)+1.026%+$103 · spread now −0.337%, 7d avg −0.115%

Together, before fees+0.766%+$77 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bybit is 0.222% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.115%). Swap the legs. The two prices were read 102 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	BloFin PIEVERSE-USDT	1.8218	0.0449	pay 0.0225% / 4h	1h 51m	$1.1M	$2.2M	40x
Short	Bybit PIEVERSEUSDT	1.8157	0.0100	get 0.0050% / 4h	1h 51m	$10.8M	$9.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.337%Rate

Funding earned: −$73.31
Price spread: −0.337% → −0.115%: −$22.17
Slippage, 4 orders: −$111.49
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$229.98
Costs to cover: 1.345%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 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 BloFin live order book, 4 min ago	0.55 bp	20.5 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.28 bp	49.6 bp −$50	318.0 bp −$3,180	doesn't fit	doesn't fit

PIEVERSE on 14 exchanges

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	1.8157	−0.337%	$10.8M	$9.2M	20x
Gate PIEVERSE_USDT	+0.0100%	8h	1.8154	−0.351%	$8.4M	$2.9M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8176	−0.229%	$4.0M	$1.8M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8203	−0.080%	$47K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8164	−0.296%	$2K	$709K	20x	as long as short
Aster PIEVERSEUSDT	+0.0370%	4h	1.8163	−0.302%	$173K	$191K	5x	as long as short
edgeX PIEVERSEUSDC	+0.0384%	4h	1.8210	−0.042%	$37K	$434K	10x	as long as short
Extended PIEVERSE-USD	+0.0400%	1h	1.8156	−0.341%	$42K	$257K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0400%	4h	1.8166	−0.285%	$2.5M	$758K	20x	as long as short
Binance PIEVERSEUSDT	+0.0401%	4h	1.8167	−0.279%	$21.5M	$24.2M	20x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIEVERSE-USDT	+0.0402%	4h	1.8169	−0.269%	—	$7.0M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0407%	4h	1.8164	−0.296%	$7.2M	$14.6M	20x	as long as short
BloFin PIEVERSE-USDTlong	+0.0449%	4h	1.8218	long leg	$1.1M	$2.2M	40x
KuCoin PIEVERSEUSDTM	+0.0778%	4h	1.8185	−0.181%	$13.9M	$1.9M	20x	as long as short