PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0380%/8h= +41.6% APRnext payment +$1.90 per $10,000 · paid last 24h +0.084%

Price spread now: MEXC against Bybit+0.364%7-day average +0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1301.303% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.265%+$26 on $10k

Price spread, last 7 days−0.168%−$17 · spread now +0.364%, 7d avg +0.090%

Together, before fees+0.096%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and MEXC is 0.274% dearer against Bybit than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.090%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.265% in total (about 13.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit PIEVERSEUSDT	1.8019	0.0100	pay 0.0050% / 4h	2h 02m	$10.8M	$10.7M	20x
Short	MEXC PIEVERSE_USDT	1.8085	0.0480	get 0.0240% / 4h	2h 02m	$2.5M	$826K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.364%Rate

Funding earned: $79.8
Price spread: +0.364% → +0.090%: $27.4
Slippage, 4 orders: −$115.33
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$23.13
Costs to cover: 1.303%
Break-even: 9.0 days

Slippage from Bybit: live order book, 1 min ago; MEXC: 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 Bybit live order book, 1 min ago	3.32 bp	56.2 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.55 bp	15.6 bp −$16	65.7 bp −$657	392.0 bp −$39.2K	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	1.8019	long leg	$10.8M	$10.7M	20x
Gate PIEVERSE_USDT	+0.0100%	8h	1.8062	+0.236%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8152	+0.738%	$48K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8078	+0.325%	$1K	$699K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0170%	4h	1.8079	+0.331%	$3.9M	$2.1M	10x	as long as short
BloFin PIEVERSE-USDT	+0.0428%	4h	1.8087	+0.375%	$1.1M	$2.3M	40x	as long as short
MEXC PIEVERSE_USDTshort	+0.0480%	4h	1.8085	+0.364%	$2.5M	$826K	20x
edgeX PIEVERSEUSDC	+0.0482%	4h	1.8088	+0.382%	$37K	$432K	10x	as long as short
Binance PIEVERSEUSDT	+0.0484%	4h	1.8071	+0.286%	$21.4M	$27.2M	20x	as long as short
Extended PIEVERSE-USD	+0.0488%	1h	1.8056	+0.204%	$41K	$207K	5x	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	+0.0586%	4h	1.8052	+0.181%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0592%	4h	1.8037	+0.098%	$7.1M	$17.5M	20x	as long as short
Aster PIEVERSEUSDT	+0.0682%	4h	1.8080	+0.337%	$168K	$241K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0836%	4h	1.8090	+0.393%	$13.8M	$2.4M	20x	as long as short