Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.078%

Price spread now: Extended against BingX+0.082%7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1771.766% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.215%+$22 on $10k

Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.082%, 7d avg −0.046%

Together, before fees+0.030%+ Points / potential airdropExtended: Active · farm board+$3 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 Extended is 0.128% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PIEVERSE-USDT	1.8377	0.0568	pay 0.0284% / 4h	1h 23m	—	$7.2M	—
Short	Extended PIEVERSE-USD	1.8392	0.0592	get 0.0074% / 1h	23m 14s	$41K	$160K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BingXbpFee ExtendedbpOrdersPrice spread, now +0.082%Rate

Funding earned: $5.04
Price spread: +0.082% → −0.046%: $12.78
Slippage, 4 orders: −$161.61
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$158.79
Costs to cover: 1.766%
Break-even: 227.5 days

Slippage from BingX: live order book, 5 min ago; Extended: live order book, 58 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 BingX live order book, 5 min ago	2.47 bp	22.5 bp −$22	94.2 bp −$942	doesn't fit	doesn't fit
Sell Extended live order book, 58 min ago	2.69 bp	47.5 bp −$47	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_USDT	+0.0100%	8h	1.8350	−0.147%	$8.3M	$3.9M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8225	−0.826%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8354	−0.125%	$2K	$669K	20x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0132%	4h	1.8400	+0.125%	$7.3M	$21.5M	20x	as long as short
Bitget PIEVERSEUSDT	+0.0280%	4h	1.8398	+0.115%	$4.0M	$2.9M	10x	as long as short
Bybit PIEVERSEUSDT	+0.0447%	4h	1.8367	−0.054%	$11.0M	$12.2M	20x	as long as short
BingX PIEVERSE-USDTlong	+0.0568%	4h	1.8377	long leg	—	$7.2M	—
edgeX PIEVERSEUSDC	+0.0580%	4h	1.8266	−0.604%	$38K	$439K	10x	as long as short
Extended PIEVERSE-USDshort	+0.0592%	1h	1.8392	+0.082%	$41K	$160K	5x
Aster PIEVERSEUSDT	+0.0592%	4h	1.8372	−0.027%	$171K	$292K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC PIEVERSE_USDT	+0.0594%	4h	1.8379	+0.011%	$2.5M	$879K	20x	as long as short
Binance PIEVERSEUSDT	+0.0594%	4h	1.8392	+0.082%	$21.9M	$31.1M	20x	as long as short
BloFin PIEVERSE-USDT	+0.0605%	4h	1.8387	+0.054%	$1.1M	$2.5M	40x	as long as short
KuCoin PIEVERSEUSDTM	+0.0618%	4h	1.8374	−0.014%	$13.9M	$2.9M	20x	as long as short