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

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.081%
Price spread now: Binance against BingX+0.039%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$910.909% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.225%+$22 on $10k
Price spread, last 7 days+0.059%+$6 · spread now +0.039%, 7d avg +0.016%
Together, before fees+0.283%+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.023% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PIEVERSE-USDT1.82240.0468pay 0.0234% / 4h2h 55m$7.1M
ShortBinance PIEVERSEUSDT1.82310.0500get 0.0250% / 4h2h 55m$21.7M$27.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
$6.64
Price spread: +0.039% → +0.016%
$2.33
Slippage, 4 orders
−$70.86
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$81.89
Costs to cover
0.909%
Break-even
93.3 days
Slippage from BingX: live order book, 12 min ago; Binance: live order book, 1 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 BingX live order book, 12 min ago2.45 bp24.9 bp −$2564.0 bp −$640975.5 bp −$97.6K1397.6 bp −$698.8K
Sell Binance live order book, 1 min ago0.82 bp24.0 bp −$24127.8 bp −$1,278doesn'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%8h1.8212−0.066%$8.3M$3.3M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8221−0.015%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8236+0.066%$2K$664K20xas long as short
Bitget PIEVERSEUSDT+0.0112%4h1.8229+0.028%$3.9M$2.4M10xas long as short
Bybit PIEVERSEUSDT+0.0177%4h1.8226+0.010%$11.0M$11.1M20xas long as short
OKX PIEVERSE-USDT-SWAP+0.0316%4h1.8222−0.011%$7.3M$18.5M20xas long as short
BloFin PIEVERSE-USDT+0.0440%4h1.8233+0.049%$1.1M$2.4M40xas long as short
BingX PIEVERSE-USDTlong+0.0468%4h1.8224long leg$7.1M
Extended PIEVERSE-USD+0.0496%1h1.8233+0.051%$41K$241K5xas long as short
MEXC PIEVERSE_USDT+0.0498%4h1.8227+0.016%$2.4M$832K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PIEVERSEUSDTshort+0.0500%4h1.8231+0.039%$21.7M$27.8M20x
edgeX PIEVERSEUSDC+0.0517%4h1.8253+0.161%$37K$430K10xas long as short
Aster PIEVERSEUSDT+0.0556%4h1.8240+0.089%$168K$264K5xas long as short
KuCoin PIEVERSEUSDTM+0.0754%4h1.8234+0.055%$13.9M$2.6M20xas long as short