PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.35 per $10,000 · paid last 24h +0.038%

Price spread now: Bybit against Bitget−0.030%7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1661.663% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.195%+$19 on $10k

Price spread, last 7 days−0.042%−$4 · spread now −0.030%, 7d avg −0.090%

Together, before fees+0.153%+$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.060% dearer against Bitget than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.090%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.195%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PIEVERSEUSDT	1.8223	0.0170	pay 0.0085% / 4h	1h 36m	$3.9M	$2.1M	10x
Short	Bybit PIEVERSEUSDT	1.8218	0.0100	get 0.0050% / 4h	1h 36m	$10.9M	$10.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$14.7
Price spread: −0.030% → −0.090%: $5.98
Slippage, 4 orders: −$143.31
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$175.03
Costs to cover: 1.663%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 2 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 Bitget live order book, 1 min ago	4.96 bp	29.6 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.47 bp	58.6 bp −$59	307.0 bp −$3,070	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	1.8218	−0.030%	$10.9M	$10.7M	20x
Gate PIEVERSE_USDT	+0.0100%	8h	1.8182	−0.228%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8182	−0.226%	$48K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8184	−0.217%	$2K	$708K	20x	as long as short
Bitget PIEVERSEUSDTlong	+0.0170%	4h	1.8223	long leg	$3.9M	$2.1M	10x
BloFin PIEVERSE-USDT	+0.0506%	4h	1.8215	−0.047%	$1.1M	$2.3M	40x	as long as short
MEXC PIEVERSE_USDT	+0.0526%	4h	1.8213	−0.058%	$2.6M	$820K	20x	as long as short
Binance PIEVERSEUSDT	+0.0527%	4h	1.8216	−0.041%	$21.5M	$27.4M	20x	as long as short
Extended PIEVERSE-USD	+0.0528%	1h	1.8200	−0.131%	$41K	$207K	5x	as long as short
edgeX PIEVERSEUSDC	+0.0533%	4h	1.8213	−0.057%	$37K	$432K	10x	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	+0.0584%	4h	1.8217	−0.036%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0617%	4h	1.8227	+0.019%	$7.2M	$17.7M	20x	as long as short
Aster PIEVERSEUSDT	+0.0705%	4h	1.8214	−0.052%	$169K	$239K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0798%	4h	1.8215	−0.044%	$13.9M	$2.4M	20x	as long as short