The invention relates to a press belt for a shoe press. A press belt (5) is an endless loop made of elastomeric material and its outer surface (11) is provided with several grooves (13) to remove water. On the outer surface (11) of the press belt, there is at least one section where the depths (GD) of adjacent drain grooves, from the outer surface, change constantly. The invention also relates to an arrangement in a long nip and to a method of manufacturing a press belt.