PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h +0.087%

Price spread now: BloFin against Bybit−0.912%112s7-day average +0.117% · you buy dearer than you sell

Net, funding: paid 7d − costs−$132as 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−$1581.581% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.845%+$84 · spread now −0.912%, 7d avg +0.117%

Together, before fees+1.102%+$110 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 1.029% cheaper against Bybit than usual: you would sell low and buy high (spread −0.912% now, against its 7-day average of +0.117%). If the spread goes back, that is −$103 on $10k: about 9.6 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.258% in total) that is about 28 days. The two prices were read 112 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	Bybit PIEVERSEUSDT	1.8133	0.0100	pay 0.0050% / 4h	1h 47m	$10.9M	$10.7M	20x
Short	BloFin PIEVERSE-USDT	1.7968	0.0458	get 0.0229% / 4h	1h 47m	$1.1M	$2.3M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now −0.912%Rate

Funding earned: $75.25
Price spread: −0.912% → +0.117%: −$102.85
Slippage, 4 orders: −$135.05
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$185.65
Costs to cover: 1.581%
Break-even: 24.3 days

Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago	3.58 bp	53.9 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	3.59 bp	24.8 bp −$25	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 PIEVERSEUSDTlong	+0.0100%	4h	1.8133	long leg	$10.9M	$10.7M	20x
Gate PIEVERSE_USDT	+0.0100%	8h	1.8116	−0.095%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8152	+0.103%	$48K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8130	−0.018%	$2K	$703K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0170%	4h	1.8151	+0.099%	$3.9M	$2.1M	10x	as long as short
BloFin PIEVERSE-USDTshort	+0.0458%	4h	1.7968	−0.912%	$1.1M	$2.3M	40x
MEXC PIEVERSE_USDT	+0.0492%	4h	1.8145	+0.065%	$2.6M	$818K	20x	as long as short
Extended PIEVERSE-USD	+0.0496%	1h	1.8103	−0.170%	$41K	$207K	5x	as long as short
edgeX PIEVERSEUSDC	+0.0497%	4h	1.8027	−0.585%	$37K	$433K	10x	as long as short
Binance PIEVERSEUSDT	+0.0511%	4h	1.8142	+0.048%	$21.4M	$27.4M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIEVERSE-USDT	+0.0564%	4h	1.8135	+0.009%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0595%	4h	1.8135	+0.009%	$7.2M	$17.6M	20x	as long as short
Aster PIEVERSEUSDT	+0.0686%	4h	1.8116	−0.095%	$168K	$240K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0836%	4h	1.8112	−0.116%	$13.8M	$2.4M	20x	as long as short