Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0603%/8h= −66.0% APRpaid last 24h −0.262%

Price spread now: Gate against Aster−0.111%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1031.027% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−1.270%−$127 on $10k

Price spread, last 4 days (all we have)+1.017%+$102 · spread now −0.111%, 7d avg −0.033%

Together, before fees−0.254%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Gate is 0.078% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.033%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PIEVERSEUSDT	1.8084	0.0703	pay 0.0351% / 4h	3h 09m	$166K	$239K	5x
Short	Gate PIEVERSE_USDT	1.8064	0.0100	get 0.0100% / 8h	3h 09m	$8.3M	$3.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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 AsterbpFee GatebpOrdersPrice spread, now −0.111%Rate

Funding earned: −$126.57
Price spread: −0.111% → −0.033%: −$7.77
Slippage, 4 orders: −$79.7
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$237.04
Costs to cover: 1.027%
Break-even: never at this rate

Slippage from Aster: live order book, 42 min ago; Gate: 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 Aster live order book, 42 min ago	4.01 bp	22.9 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	4.99 bp	30.0 bp −$30	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
Gate PIEVERSE_USDTshort	+0.0100%	8h	1.8064	−0.111%	$8.3M	$3.4M	25x
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8097	+0.071%	$3.9M	$2.1M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8091	+0.040%	$48K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8064	−0.111%	$1K	$691K	20x	as long as short
Bybit PIEVERSEUSDT	+0.0244%	4h	1.8082	−0.011%	$10.8M	$10.6M	20x	as long as short
Extended PIEVERSE-USD	+0.0440%	1h	1.8080	−0.023%	$40K	$219K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0442%	4h	1.8093	+0.050%	$2.5M	$852K	20x	as long as short
Binance PIEVERSEUSDT	+0.0443%	4h	1.8093	+0.051%	$21.4M	$27.1M	20x	as long as short
BloFin PIEVERSE-USDT	+0.0454%	4h	1.8084	0.000%	$1.1M	$2.3M	40x	as long as short
edgeX PIEVERSEUSDC	+0.0461%	4h	1.8078	−0.034%	$37K	$433K	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	+0.0472%	4h	1.8095	+0.061%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0477%	4h	1.8100	+0.088%	$7.1M	$17.6M	20x	as long as short
Aster PIEVERSEUSDTlong	+0.0703%	4h	1.8084	long leg	$166K	$239K	5x
KuCoin PIEVERSEUSDTM	+0.0796%	4h	1.8073	−0.062%	$13.8M	$2.4M	20x	as long as short