PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0339%/8h= −37.1% APRnext payment −$1.70 per $10,000 · paid last 24h −0.070%

Price spread now: Bybit against Binance+0.007%7-day average −0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$122as in the Price arb table

costs, in and out, $10k−$1311.314% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.250%−$25 on $10k

Price spread, last 7 days−0.196%−$20 · spread now +0.007%, 7d avg −0.090%

Together, before fees−0.445%−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.097% dearer against Binance than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.090%): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.250% in total) that is about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PIEVERSEUSDT	1.8256	0.0439	pay 0.0220% / 4h	44m 19s	$21.6M	$27.0M	20x
Short	Bybit PIEVERSEUSDT	1.8257	0.0100	get 0.0050% / 4h	44m 19s	$10.9M	$10.6M	20x

Funding 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 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 BybitbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$71.19
Price spread: +0.007% → −0.090%: $9.74
Slippage, 4 orders: −$110.43
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$192.88
Costs to cover: 1.314%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 4 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, 12 min ago	0.82 bp	23.2 bp −$23	155.9 bp −$1,559	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	3.30 bp	38.8 bp −$39	282.4 bp −$2,824	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 PIEVERSEUSDTshort	+0.0100%	4h	1.8257	+0.007%	$10.9M	$10.6M	20x
Gate PIEVERSE_USDT	+0.0100%	8h	1.8212	−0.242%	$8.3M	$3.4M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8280	+0.130%	$4.0M	$2.2M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8177	−0.433%	$49K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8178	−0.428%	$1K	$677K	20x	as long as short
BloFin PIEVERSE-USDT	+0.0424%	4h	1.8226	−0.165%	$1.1M	$2.3M	40x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0424%	4h	1.8274	+0.098%	$7.2M	$17.8M	20x	as long as short
BingX PIEVERSE-USDT	+0.0432%	4h	1.8268	+0.065%	—	$7.1M	—	as long as short
Binance PIEVERSEUSDTlong	+0.0439%	4h	1.8256	long leg	$21.6M	$27.0M	20x
Extended PIEVERSE-USD	+0.0440%	1h	1.8239	−0.095%	$41K	$252K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC PIEVERSE_USDT	+0.0442%	4h	1.8241	−0.083%	$2.6M	$845K	20x	as long as short
edgeX PIEVERSEUSDC	+0.0460%	4h	1.8216	−0.218%	$37K	$435K	10x	as long as short
Aster PIEVERSEUSDT	+0.0688%	4h	1.8202	−0.297%	$166K	$248K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0852%	4h	1.8240	−0.088%	$13.9M	$2.4M	20x	as long as short