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+0.0346%/8h= +37.9% APRnext payment +$1.73 per $10,000 · paid last 24h +0.116%
Price spread now: KuCoin against Bitget+0.001%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.625%+$62 on $10k
Price spread, last 7 days−0.043%−$4 · spread now +0.001%, 7d avg −0.062%
Together, before fees+0.582%+$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.063% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PIEVERSEUSDT1.83770.0280pay 0.0140% / 4h1h 21m$4.0M$2.9M10x
ShortKuCoin PIEVERSEUSDTM1.83770.0626get 0.0313% / 4h1h 21m$13.9M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$72.66
Price spread: +0.001% → −0.062%
$6.3
Slippage, 4 orders
−$99.72
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$44.76
Costs to cover
1.237%
Break-even
11.3 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 2 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 Bitget live order book, 1 min ago2.31 bp30.2 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago13.68 bp33.0 bp −$33doesn'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%8h1.8365−0.067%$8.3M$3.9M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8225−0.828%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8400+0.123%$1K$670K20xas long as short
OKX PIEVERSE-USDT-SWAP+0.0139%4h1.8368−0.051%$7.3M$21.4M20xas long as short
Bitget PIEVERSEUSDTlong+0.0280%4h1.8377long leg$4.0M$2.9M10x
Bybit PIEVERSEUSDT+0.0450%4h1.8374−0.019%$11.0M$12.2M20xas long as short
BingX PIEVERSE-USDT+0.0566%4h1.8371−0.035%$7.2Mas long as short
edgeX PIEVERSEUSDC+0.0580%4h1.8266−0.606%$38K$439K10xas long as short
Extended PIEVERSE-USD+0.0592%1h1.8372−0.027%$41K$160K5xas long as short
MEXC PIEVERSE_USDT+0.0594%4h1.8383+0.030%$2.5M$879K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PIEVERSEUSDT+0.0594%4h1.8376−0.008%$21.9M$31.1M20xas long as short
BloFin PIEVERSE-USDT+0.0605%4h1.8387+0.052%$1.1M$2.5M40xas long as short
Aster PIEVERSEUSDT+0.0607%4h1.8403+0.139%$171K$292K5xas long as short
KuCoin PIEVERSEUSDTMshort+0.0626%4h1.8377+0.001%$13.9M$2.9M20x