PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.26 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against Binance−0.088%241s7-day average +0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as 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−$900.898% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 3 days (all we have)−0.067%−$7 · spread now −0.088%, 7d avg +0.087%

Together, before fees−0.079%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.175% cheaper against Binance than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.087%). Swap the legs. The two prices were read 241 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	1.8142	0.0496	pay 0.0248% / 4h	2h 45m	$21.6M	$27.7M	20x
Short	BloFin PIEVERSE-USDT	1.8126	0.0445	get 0.0222% / 4h	2h 45m	$1.1M	$2.4M	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 −0.088%Rate

Funding earned: −$10.78
Price spread: −0.088% → +0.087%: −$17.53
Slippage, 4 orders: −$67.77
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$118.09
Costs to cover: 0.898%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 8 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, 11 min ago	0.82 bp	20.2 bp −$20	205.2 bp −$2,052	doesn't fit	doesn't fit
Sell BloFin live order book, 8 min ago	0.55 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	1.8136	−0.033%	$10.9M	$11.1M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8155	+0.072%	$8.3M	$3.4M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8189	+0.261%	$3.9M	$2.3M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8096	−0.255%	$48K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8200	+0.320%	$2K	$667K	20x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0311%	4h	1.8136	−0.033%	$7.2M	$18.5M	20x	as long as short
BloFin PIEVERSE-USDTshort	+0.0445%	4h	1.8126	−0.088%	$1.1M	$2.4M	40x
BingX PIEVERSE-USDT	+0.0470%	4h	1.8185	+0.237%	—	$7.1M	—	as long as short
edgeX PIEVERSEUSDC	+0.0492%	4h	1.8107	−0.191%	$37K	$433K	10x	as long as short
MEXC PIEVERSE_USDT	+0.0494%	4h	1.8225	+0.458%	$2.5M	$836K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PIEVERSEUSDTlong	+0.0496%	4h	1.8142	long leg	$21.6M	$27.7M	20x
Extended PIEVERSE-USD	+0.0496%	1h	1.8170	+0.156%	$41K	$241K	5x	as long as short
Aster PIEVERSEUSDT	+0.0550%	4h	1.8209	+0.372%	$167K	$263K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0752%	4h	1.8216	+0.411%	$13.9M	$2.6M	20x	as long as short