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+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against BingX+0.016%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$880.875% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.284%−$28 on $10k
Price spread, last 7 days−0.024%−$2 · spread now +0.016%, 7d avg −0.048%
Together, before fees−0.308%−$31 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 OKX is 0.064% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.048%. Mind the row above: over the last 7 days funding on this pair cost −0.284%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PIEVERSE-USDT1.83970.0446pay 0.0223% / 4h28m 11s$7.1M
ShortOKX PIEVERSE-USDT-SWAP1.84000.0468get 0.0234% / 4h28m 11s$7.3M$17.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$4.64
Price spread: +0.016% → −0.048%
$6.42
Slippage, 4 orders
−$67.52
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$76.46
Costs to cover
0.875%
Break-even
122.3 days
Slippage from BingX: live order book, 9 min ago; OKX: live order book, 5 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, 9 min ago2.73 bp22.4 bp −$2295.6 bp −$956doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago0.54 bp17.0 bp −$17151.8 bp −$1,518doesn'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
Bybit PIEVERSEUSDT+0.0100%4h1.8392−0.027%$10.9M$10.6M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8389−0.043%$8.4M$3.4M25xas long as short
Bitget PIEVERSEUSDT+0.0100%4h1.8410+0.069%$4.0M$2.2M10xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8428+0.170%$49K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8416+0.103%$1K$678K20xas long as short
BingX PIEVERSE-USDTlong+0.0446%4h1.8397long leg$7.1M
OKX PIEVERSE-USDT-SWAPshort+0.0468%4h1.8400+0.016%$7.3M$17.9M20x
edgeX PIEVERSEUSDC+0.0473%4h1.8427+0.163%$38K$435K10xas long as short
MEXC PIEVERSE_USDT+0.0478%4h1.8402+0.027%$2.6M$848K20xas long as short
Binance PIEVERSEUSDT+0.0480%4h1.8396−0.005%$21.8M$27.0M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PIEVERSE-USD+0.0480%1h1.8396−0.004%$42K$252K5xas long as short
BloFin PIEVERSE-USDT+0.0500%4h1.8425+0.152%$1.1M$2.4M40xas long as short
Aster PIEVERSEUSDT+0.0764%4h1.8432+0.189%$168K$246K5xas long as short
KuCoin PIEVERSEUSDTM+0.0888%4h1.8398+0.004%$14.0M$2.4M20xas long as short