PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0428%/8h= −46.8% APRnext payment −$2.14 per $10,000 · paid last 24h −0.060%

Price spread now: Bitget against OKX+0.002%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$940.936% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days+0.035%+$4 · spread now +0.002%, 7d avg +0.065%

Together, before fees+0.082%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.063% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.065%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.046% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.14 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	OKX PIEVERSE-USDT-SWAP	1.8166	0.0530	pay 0.0265% / 4h	2h 52m	$7.2M	$17.6M	20x
Short	Bitget PIEVERSEUSDT	1.8166	0.0102	get 0.0051% / 4h	2h 52m	$3.9M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now +0.002%Rate

Funding earned: −$89.82
Price spread: +0.002% → +0.065%: −$6.29
Slippage, 4 orders: −$71.61
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$189.71
Costs to cover: 0.936%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bitget: 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 OKX live order book, 1 min ago	1.10 bp	22.0 bp −$22	183.3 bp −$1,833	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	4.77 bp	23.4 bp −$23	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
Bybit PIEVERSEUSDT	+0.0100%	4h	1.8154	−0.066%	$10.9M	$10.7M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8133	−0.182%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8162	−0.020%	$49K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8141	−0.138%	$2K	$694K	20x	as long as short
Bitget PIEVERSEUSDTshort	+0.0102%	4h	1.8166	+0.002%	$3.9M	$2.1M	10x
BloFin PIEVERSE-USDT	+0.0448%	4h	1.8169	+0.017%	$1.1M	$2.3M	40x	as long as short
Binance PIEVERSEUSDT	+0.0471%	4h	1.8161	−0.028%	$21.5M	$27.1M	20x	as long as short
Extended PIEVERSE-USD	+0.0472%	1h	1.8161	−0.030%	$42K	$212K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0472%	4h	1.8165	−0.006%	$2.5M	$809K	20x	as long as short
edgeX PIEVERSEUSDC	+0.0485%	4h	1.8156	−0.053%	$37K	$434K	10x	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	+0.0492%	4h	1.8160	−0.033%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAPlong	+0.0530%	4h	1.8166	long leg	$7.2M	$17.6M	20x
Aster PIEVERSEUSDT	+0.0708%	4h	1.8151	−0.083%	$167K	$239K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0832%	4h	1.8151	−0.083%	$13.8M	$2.4M	20x	as long as short