Settings8H · net · $10k
Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0312%/8h= −34.2% APRnext payment $1.56 per $10,000 · paid last 24h −0.121%
Price spread now: Bitget against Binance+0.067%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.459%−$46 on $10k
Price spread, last 7 days−0.128%−$13 · spread now +0.067%, 7d avg +0.003%
Together, before fees−0.587%−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.064% dearer against Binance than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.003%): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 16 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PIEVERSEUSDT1.82120.0412pay 0.0206% / 4h3h 33m$21.6M$27.2M20x
ShortBitget PIEVERSEUSDT1.82240.0100get 0.0050% / 4h3h 33m$3.9M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Funding earned
−$65.55
Price spread: +0.067% → +0.003%
$6.37
Slippage, 4 orders
−$95.87
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$177.05
Costs to cover
1.179%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago0.27 bp23.9 bp −$24212.9 bp −$2,129doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.43 bp29.5 bp −$30doesn't fitdoesn't fitdoesn't fit

PIEVERSE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PIEVERSE_USDT+0.0100%8h1.8195−0.093%$8.3M$3.4M25xas long as short
Bitget PIEVERSEUSDTshort+0.0100%4h1.8224+0.067%$3.9M$2.1M10x
Variational Omni PIEVERSE+0.0100%4h1.8189−0.125%$49K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8238+0.143%$2K$690K20xas long as short
edgeX PIEVERSEUSDC+0.0404%4h1.8224+0.064%$37K$434K10xas long as short
MEXC PIEVERSE_USDT+0.0412%4h1.8216+0.022%$2.5M$845K20xas long as short
Binance PIEVERSEUSDTlong+0.0412%4h1.8212long leg$21.6M$27.2M20x
Extended PIEVERSE-USD+0.0416%1h1.8212+0.001%$40K$257K5xas long as short
OKX PIEVERSE-USDT-SWAP+0.0449%4h1.8220+0.044%$7.2M$17.8M20xas long as short
BloFin PIEVERSE-USDT+0.0468%4h1.8246+0.187%$1.1M$2.4M40xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PIEVERSEUSDT+0.0643%4h1.8205−0.040%$10.9M$10.6M20xas long as short
Aster PIEVERSEUSDT+0.0703%4h1.8217+0.029%$167K$240K5xas long as short
BingX PIEVERSE-USDT+0.0770%4h1.8208−0.022%$7.1Mas long as short
KuCoin PIEVERSEUSDTM+0.0780%4h1.8228+0.086%$13.8M$2.4M20xas long as short