Funding you earn now, next payment 00:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h +0.073%
Price spread now: edgeX against Bybit+0.161%91s7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as 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−$930.930% of the position
Funding, last 7 days+0.249%+$25 on $10k
+Price spread, last 3 days (all we have)+0.434%+$43 · spread now +0.161%, 7d avg +0.110%
=Together, before fees+0.683%+ Points / potential airdropedgeX: Active · farm board+$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.050% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.110%. The two prices were read 91 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 | Bybit PIEVERSEUSDT | 1.8504 | 0.0440 | pay 0.0220% / 4h | 22m 06s | $11.1M | $12.3M | 20x |
| Short | edgeX PIEVERSEUSDC | 1.8534 | 0.0588 | get 0.0294% / 4h | 22m 06s | $38K | $442K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $31.13
- Price spread: +0.161% → +0.110%
- $5.04
- Slippage, 4 orders
- −$72.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$56.8
- Costs to cover
- 0.930%
- Break-even
- 19.8 days
Slippage from Bybit: live order book, 1 min ago; edgeX: live order book, 56 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 | 4.60 bp | 33.7 bp −$34 | 331.5 bp −$3,315 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 56 min ago | 4.63 bp | 13.3 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8458 | −0.249% | $8.4M | $3.8M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8455 | −0.263% | $50K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8476 | −0.151% | $2K | $679K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0264% | 4h | 1.8512 | +0.043% | $7.4M | $21.6M | 20x | as long as short |
| Bitget PIEVERSEUSDT | +0.0304% | 4h | 1.8515 | +0.058% | $4.0M | $2.9M | 10x | as long as short |
| Bybit PIEVERSEUSDTlong | +0.0440% | 4h | 1.8504 | long leg | $11.1M | $12.3M | 20x | |
| BingX PIEVERSE-USDT | +0.0550% | 4h | 1.8515 | +0.059% | — | $7.2M | — | as long as short |
| Extended PIEVERSE-USD | +0.0576% | 1h | 1.8507 | +0.014% | $42K | $160K | 5x | as long as short |
| MEXC PIEVERSE_USDT | +0.0576% | 4h | 1.8497 | −0.038% | $2.5M | $880K | 20x | as long as short |
| Binance PIEVERSEUSDT | +0.0578% | 4h | 1.8509 | +0.027% | $22.0M | $31.2M | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX PIEVERSEUSDCshort | +0.0588% | 4h | 1.8534 | +0.161% | $38K | $442K | 10x | |
| BloFin PIEVERSE-USDT | +0.0601% | 4h | 1.8497 | −0.038% | $1.1M | $2.5M | 40x | as long as short |
| Aster PIEVERSEUSDT | +0.0613% | 4h | 1.8480 | −0.130% | $171K | $290K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0736% | 4h | 1.8494 | −0.055% | $14.0M | $2.9M | 20x | as long as short |
Bybit PIEVERSEUSDT
edgeX PIEVERSEUSDC
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Bitget PIEVERSEUSDT
BingX PIEVERSE-USDT
Extended PIEVERSE-USD
MEXC PIEVERSE_USDT
Binance PIEVERSEUSDT
BloFin PIEVERSE-USDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM