Funding you earn now, next payment 03:00 UTC−0.0388%/8h= −42.5% APRpaid last 24h −0.067%
Price spread now: Bybit against Extended−0.019%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2202.200% of the position
Funding, last 7 days−0.237%−$24 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.019%, 7d avg −0.056%
=Together, before fees−0.284%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.037% dearer against Extended than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.056%): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.237% in total) that is about 27 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.237% in total (about -12.4% a year). A funding rate is set anew for every payment. 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 | Extended PIEVERSE-USD | 1.8059 | 0.0488 | pay 0.0061% / 1h | 33m 30s | $39K | $249K | 5x |
| Short | Bybit PIEVERSEUSDT | 1.8056 | 0.0100 | get 0.0050% / 4h | 1h 33m | $10.7M | $10.7M | 20x |
Extended PIEVERSE-USD
Bybit PIEVERSEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- −$81.48
- Price spread: −0.019% → −0.056%
- $3.74
- Slippage, 4 orders
- −$204.01
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$297.75
- Costs to cover
- 2.200%
- Break-even
- never at this rate
Slippage from Extended: live order book, 28 min ago; Bybit: live order book, 5 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 Extended live order book, 28 min ago | 1.73 bp | 74.4 bp −$74 | 487.9 bp −$4,879 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.78 bp | 46.3 bp −$46 | 293.0 bp −$2,930 | 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 | 1.8056 | −0.019% | $10.7M | $10.7M | 20x | |
| Gate PIEVERSE_USDT | +0.0100% | 8h | 1.8023 | −0.202% | $8.2M | $3.4M | 25x | as long as short |
| Bitget PIEVERSEUSDT | +0.0100% | 4h | 1.8062 | +0.016% | $3.9M | $2.2M | 10x | as long as short |
| Variational Omni PIEVERSE | +0.0100% | 4h | 1.8088 | +0.158% | $48K | $10K | — | as long as short |
| SunX PIEVERSE-USDT | +0.0100% | 4h | 1.8063 | +0.020% | $2K | $673K | 20x | as long as short |
| OKX PIEVERSE-USDT-SWAP | +0.0401% | 4h | 1.8075 | +0.086% | $7.2M | $17.7M | 20x | as long as short |
| BloFin PIEVERSE-USDT | +0.0441% | 4h | 1.8140 | +0.446% | $1.1M | $2.3M | 40x | as long as short |
| BingX PIEVERSE-USDT | +0.0448% | 4h | 1.8060 | +0.003% | — | $7.1M | — | as long as short |
| Extended PIEVERSE-USDlong | +0.0488% | 1h | 1.8059 | long leg | $39K | $249K | 5x | |
| MEXC PIEVERSE_USDT | +0.0488% | 4h | 1.8048 | −0.063% | $2.5M | $841K | 20x | as long as short |
Gate PIEVERSE_USDT
Bitget PIEVERSEUSDT
Variational Omni PIEVERSE
SunX PIEVERSE-USDT
OKX PIEVERSE-USDT-SWAP
BloFin PIEVERSE-USDT
BingX PIEVERSE-USDT
MEXC PIEVERSE_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX PIEVERSEUSDC | +0.0490% | 4h | 1.8126 | +0.370% | $37K | $433K | 10x | as long as short |
| Binance PIEVERSEUSDT | +0.0492% | 4h | 1.8051 | −0.048% | $21.4M | $27.0M | 20x | as long as short |
| Aster PIEVERSEUSDT | +0.0651% | 4h | 1.8053 | −0.036% | $166K | $255K | 5x | as long as short |
| KuCoin PIEVERSEUSDTM | +0.0830% | 4h | 1.8050 | −0.053% | $13.7M | $2.4M | 20x | as long as short |
edgeX PIEVERSEUSDC
Binance PIEVERSEUSDT
Aster PIEVERSEUSDT
KuCoin PIEVERSEUSDTM