PIEVERSE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0283%/8h= −31.0% APRnext payment −$1.42 per $10,000 · paid last 24h +0.012%

Price spread now: Bybit against OKX−0.056%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1221.216% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.259%+$26 on $10k

Price spread, last 7 days−0.028%−$3 · spread now −0.056%, 7d avg −0.027%

Together, before fees+0.231%+$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.029% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.259%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PIEVERSE-USDT-SWAP	1.7885	0.0383	pay 0.0192% / 4h	1h 59m	$7.1M	$17.7M	20x
Short	Bybit PIEVERSEUSDT	1.7875	0.0100	get 0.0050% / 4h	1h 59m	$10.6M	$10.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.056%Rate

Funding earned: −$59.46
Price spread: −0.056% → −0.027%: −$2.92
Slippage, 4 orders: −$100.57
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$183.95
Costs to cover: 1.216%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago	1.95 bp	21.6 bp −$22	177.5 bp −$1,775	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	4.19 bp	39.7 bp −$40	254.9 bp −$2,549	doesn't fit	doesn't fit

PIEVERSE on 13 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	1.7875	−0.056%	$10.6M	$10.8M	20x
Gate PIEVERSE_USDT	+0.0100%	8h	1.7871	−0.078%	$8.1M	$3.4M	25x	as long as short
Bitget PIEVERSEUSDT	+0.0100%	4h	1.7897	+0.069%	$3.9M	$2.2M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.7907	+0.122%	$48K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.7868	−0.095%	$2K	$669K	20x	as long as short
OKX PIEVERSE-USDT-SWAPlong	+0.0383%	4h	1.7885	long leg	$7.1M	$17.7M	20x
BingX PIEVERSE-USDT	+0.0454%	4h	1.7882	−0.017%	—	$7.1M	—	as long as short
edgeX PIEVERSEUSDC	+0.0457%	4h	1.7918	+0.183%	$37K	$434K	10x	as long as short
Binance PIEVERSEUSDT	+0.0471%	4h	1.7890	+0.028%	$21.2M	$27.1M	20x	as long as short
Extended PIEVERSE-USD	+0.0472%	1h	1.7886	+0.007%	$39K	$242K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC PIEVERSE_USDT	+0.0472%	4h	1.7899	+0.078%	$2.4M	$818K	20x	as long as short
Aster PIEVERSEUSDT	+0.0589%	4h	1.7888	+0.016%	$164K	$256K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0768%	4h	1.7893	+0.045%	$13.6M	$2.4M	20x	as long as short