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

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0440%/8h= −48.2% APRnext payment $2.20 per $10,000 · paid last 24h −0.071%
Price spread now: SunX against BingX−0.140%7-day average −0.164% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.378%−$38 on $10k
Price spread, last 3 days (all we have)+0.118%+$12 · spread now −0.140%, 7d avg −0.164%
Together, before fees−0.260%−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.024% dearer against BingX than usual: you sell high and buy low (spread −0.140% now, against its 7-day average of −0.164%): +$2 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.378% in total) that is about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PIEVERSE-USDT1.85080.0540pay 0.0270% / 4h27m 14s$7.2M
ShortSunX PIEVERSE-USDT1.84820.0100get 0.0050% / 4h27m 14s$1K$678K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$92.4
Price spread: −0.140% → −0.164%
$2.37
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$108.03
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 11 min ago; SunX: live order book, 34 min ago. Net counts fees only.

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, 11 min ago2.17 bp26.4 bp −$2696.3 bp −$963doesn't fitdoesn't fit
Sell SunX live order book, 34 min ago498.62 bpdoesn't fitdoesn'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%8h1.8483−0.135%$8.4M$3.8M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8366−0.765%$49K$10Kas long as short
SunX PIEVERSE-USDTshort+0.0100%4h1.8482−0.140%$1K$678K20x
OKX PIEVERSE-USDT-SWAP+0.0271%4h1.8505−0.016%$7.4M$21.5M20xas long as short
Bitget PIEVERSEUSDT+0.0310%4h1.8523+0.080%$4.0M$2.9M10xas long as short
Bybit PIEVERSEUSDT+0.0465%4h1.8509+0.005%$11.1M$12.3M20xas long as short
BingX PIEVERSE-USDTlong+0.0540%4h1.8508long leg$7.2M
BloFin PIEVERSE-USDT+0.0543%4h1.8514+0.032%$1.1M$2.5M40xas long as short
edgeX PIEVERSEUSDC+0.0564%4h1.8474−0.183%$38K$441K10xas long as short
MEXC PIEVERSE_USDT+0.0572%4h1.8509+0.005%$2.5M$880K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PIEVERSEUSDT+0.0573%4h1.8501−0.038%$22.0M$31.1M20xas long as short
Extended PIEVERSE-USD+0.0576%1h1.8488−0.110%$42K$160K5xas long as short
Aster PIEVERSEUSDT+0.0612%4h1.8503−0.027%$171K$290K5xas long as short
KuCoin PIEVERSEUSDTM+0.0744%4h1.8495−0.069%$14.0M$2.9M20xas long as short