Funding you earn now, next payment 00:00 UTC−0.0473%/8h= −51.8% APRnext payment −$2.37 per $10,000 · paid last 24h −0.073%
Price spread now: SunX against Bybit−0.247%46s7-day average −0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.354%−$35 on $10k
+Price spread, last 3 days (all we have)+0.027%+$3 · spread now −0.247%, 7d avg −0.079%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and SunX is 0.168% cheaper against Bybit than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.079%). Swap the legs. The two prices were read 46 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 | 1.8387 | 0.0573 | pay 0.0287% / 4h | 1h 58m | $11.1M | $12.1M | 20x |
| Short | SunX PIEVERSE-USDT | 1.8342 | 0.0100 | get 0.0050% / 4h | 1h 58m | $2K | $664K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$99.38
- Price spread: −0.247% → −0.079%
- −$16.77
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$135.15
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; SunX: live order book, 13 min ago. Net counts fees only.
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, 5 min ago | 1.90 bp | 56.9 bp −$57 | 346.3 bp −$3,463 | doesn't fit | doesn't fit |
| Sell SunX live order book, 13 min ago | 496.68 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PIEVERSE-USDT-SWAP | +0.0100% | 4h | 1.8420 | +0.177% | $7.3M | $21.5M | 20x | as long as short |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8376 | −0.062% | $8.3M | $3.8M | 25x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8368 | −0.107% | $49K | $10K | — | as long as short |
| SunX PIEVERSE-USDTshort | +0.0100% | 4h | 1.8342 | −0.247% | $2K | $664K | 20x | |
| Bitget PIEVERSEUSDT | +0.0246% | 4h | 1.8427 | +0.215% | $4.0M | $2.9M | 10x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0536% | 4h | 1.8390 | +0.015% | $13.8M | $2.9M | 20x | as long as short |
| edgeX PIEVERSEUSDC | +0.0564% | 4h | 1.8395 | +0.040% | $38K | $440K | 10x | as long as short |
| Bybit PIEVERSEUSDTlong | +0.0573% | 4h | 1.8387 | long leg | $11.1M | $12.1M | 20x | |
| Binance PIEVERSEUSDT | +0.0575% | 4h | 1.8406 | +0.101% | $21.9M | $31.2M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0577% | 4h | 1.8379 | −0.046% | $172K | $292K | 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 | +0.0582% | 4h | 1.8394 | +0.036% | $2.5M | $872K | 20x | as long as short |
| Extended PIEVERSE-USD | +0.0584% | 1h | 1.8395 | +0.042% | $41K | $160K | 5x | as long as short |
| BloFin PIEVERSE-USDT | +0.0609% | 4h | 1.8384 | −0.018% | $1.1M | $2.5M | 40x | as long as short |
| BingX PIEVERSE-USDT | +0.0632% | 4h | 1.8396 | +0.047% | — | $7.2M | — | as long as short |
Bybit PIEVERSEUSDT
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
Gate PIEVERSE_USDT
Variational Omni PIEVERSE
Bitget PIEVERSEUSDT
KuCoin PIEVERSEUSDTM
edgeX PIEVERSEUSDC
Binance PIEVERSEUSDT
Aster PIEVERSEUSDT
MEXC PIEVERSE_USDT
Extended PIEVERSE-USD
BloFin PIEVERSE-USDT
BingX PIEVERSE-USDT