PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0362%/8h= −39.6% APRnext payment −$1.81 per $10,000 · paid last 24h −0.086%

Price spread now: Bybit against edgeX−0.272%61s7-day average −0.118% · you buy dearer than you sell

Net, funding: paid 7d − costs−$164as 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−$1371.370% of the position

Long on edgeX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.268%−$27 on $10k

Price spread, last 4 days (all we have)−0.323%−$32 · spread now −0.272%, 7d avg −0.118%

Together, before fees−0.591%+ Points / potential airdropedgeX: Active · farm board−$59 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bybit is 0.153% cheaper against edgeX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.118%). Swap the legs. The two prices were read 61 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	edgeX PIEVERSEUSDC	1.8238	0.0462	pay 0.0231% / 4h	2h 12m	$37K	$434K	10x
Short	Bybit PIEVERSEUSDT	1.8188	0.0100	get 0.0050% / 4h	2h 12m	$10.9M	$10.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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 edgeXbpFee BybitbpOrdersPrice spread, now −0.272%Rate

Funding earned: −$75.96
Price spread: −0.272% → −0.118%: −$15.33
Slippage, 4 orders: −$117.01
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$228.3
Costs to cover: 1.370%
Break-even: never at this rate

Slippage from edgeX: live order book, 36 min ago; Bybit: live order book, 6 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 edgeX live order book, 36 min ago	4.68 bp	13.0 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	3.85 bp	58.8 bp −$59	304.4 bp −$3,044	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	1.8188	−0.272%	$10.9M	$10.6M	20x
Gate PIEVERSE_USDT	+0.0100%	8h	1.8174	−0.348%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8221	−0.091%	$48K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8181	−0.310%	$1K	$698K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0172%	4h	1.8202	−0.196%	$3.9M	$2.1M	10x	as long as short
BloFin PIEVERSE-USDT	+0.0448%	4h	1.8204	−0.184%	$1.1M	$2.3M	40x	as long as short
edgeX PIEVERSEUSDClong	+0.0462%	4h	1.8238	long leg	$37K	$434K	10x
Extended PIEVERSE-USD	+0.0488%	1h	1.8190	−0.261%	$39K	$209K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0488%	4h	1.8196	−0.228%	$2.6M	$824K	20x	as long as short
Binance PIEVERSEUSDT	+0.0489%	4h	1.8195	−0.233%	$21.5M	$27.1M	20x	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	+0.0582%	4h	1.8192	−0.250%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0620%	4h	1.8198	−0.217%	$7.2M	$17.7M	20x	as long as short
Aster PIEVERSEUSDT	+0.0704%	4h	1.8192	−0.250%	$169K	$240K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0860%	4h	1.8207	−0.168%	$13.9M	$2.4M	20x	as long as short