PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.98 per $10,000 · paid last 24h +0.048%

Price spread now: BingX against Bybit+0.077%7-day average +0.075% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$152as in the Price arb table

costs, in and out, $10k−$1521.518% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 7 days−0.012%−$1 · spread now +0.077%, 7d avg +0.075%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.075%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.98 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	1.8094	0.0336	pay 0.0168% / 4h	3h 01m	$10.9M	$9.6M	20x
Short	BingX PIEVERSE-USDT	1.8108	0.0532	get 0.0266% / 4h	3h 01m	—	$7.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.077%Rate

Funding earned: $41.17
Price spread: +0.077% → +0.075%: $0.18
Slippage, 4 orders: −$130.77
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$110.42
Costs to cover: 1.518%
Break-even: 25.8 days

Slippage from Bybit: live order book, 2 min ago; BingX: live order book, 1 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, 2 min ago	0.28 bp	48.0 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 1 min ago	1.65 bp	27.2 bp −$27	98.2 bp −$982	1140.2 bp −$114.0K	1410.8 bp −$705.4K

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
Gate PIEVERSE_USDT	+0.0100%	8h	1.8087	−0.039%	$8.3M	$3.2M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8109	+0.084%	$3.9M	$2.0M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8191	+0.538%	$47K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8066	−0.155%	$2K	$709K	20x	as long as short
Bybit PIEVERSEUSDTlong	+0.0336%	4h	1.8094	long leg	$10.9M	$9.6M	20x
BloFin PIEVERSE-USDT	+0.0436%	4h	1.8189	+0.524%	$1.1M	$2.2M	40x	as long as short
Binance PIEVERSEUSDT	+0.0453%	4h	1.8108	+0.078%	$21.5M	$25.3M	20x	as long as short
MEXC PIEVERSE_USDT	+0.0454%	4h	1.8108	+0.077%	$2.5M	$807K	20x	as long as short
Extended PIEVERSE-USD	+0.0456%	1h	1.8087	−0.040%	$42K	$262K	5x	as long as short
edgeX PIEVERSEUSDC	+0.0461%	4h	1.8198	+0.577%	$37K	$435K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PIEVERSEUSDT	+0.0505%	4h	1.8108	+0.077%	$170K	$204K	5x	as long as short
BingX PIEVERSE-USDTshort	+0.0532%	4h	1.8108	+0.077%	—	$7.0M	—
OKX PIEVERSE-USDT-SWAP	+0.0557%	4h	1.8111	+0.093%	$7.2M	$15.7M	20x	as long as short
KuCoin PIEVERSEUSDTM	+0.0742%	4h	1.8120	+0.143%	$13.9M	$2.0M	20x	as long as short