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

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0326%/8h= +35.7% APRnext payment +$1.63 per $10,000 · paid last 24h +0.122%
Price spread now: MEXC against Bitget−0.034%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$920.916% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.460%+$46 on $10k
Price spread, last 7 days+0.128%+$13 · spread now −0.034%, 7d avg −0.001%
Together, before fees+0.588%+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.033% cheaper against Bitget than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.001%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PIEVERSEUSDT1.82050.0154pay 0.0077% / 4h2h 39m$3.9M$2.1M10x
ShortMEXC PIEVERSE_USDT1.81990.0480get 0.0240% / 4h2h 39m$2.6M$814K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$68.46
Price spread: −0.034% → −0.001%
−$3.3
Slippage, 4 orders
−$75.57
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$26.41
Costs to cover
0.916%
Break-even
9.7 days
Slippage from Bitget: live order book, 3 min ago; MEXC: 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, 3 min ago4.28 bp24.7 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago4.39 bp13.0 bp −$1375.0 bp −$750526.2 bp −$52.6Kdoesn'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%4h1.8189−0.089%$10.9M$10.6M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8180−0.138%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8216+0.058%$49K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8181−0.133%$2K$694K20xas long as short
Bitget PIEVERSEUSDTlong+0.0154%4h1.8205long leg$3.9M$2.1M10x
edgeX PIEVERSEUSDC+0.0459%4h1.8185−0.108%$37K$430K10xas long as short
Extended PIEVERSE-USD+0.0480%1h1.8196−0.051%$42K$207K5xas long as short
MEXC PIEVERSE_USDTshort+0.0480%4h1.8199−0.034%$2.6M$814K20x
Binance PIEVERSEUSDT+0.0486%4h1.8190−0.083%$21.5M$27.1M20xas long as short
BingX PIEVERSE-USDT+0.0514%4h1.8197−0.045%$7.1Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PIEVERSE-USDT+0.0530%4h1.8221+0.087%$1.1M$2.3M40xas long as short
OKX PIEVERSE-USDT-SWAP+0.0563%4h1.8200−0.029%$7.2M$17.6M20xas long as short
Aster PIEVERSEUSDT+0.0716%4h1.8189−0.089%$168K$240K5xas long as short
KuCoin PIEVERSEUSDTM+0.0852%4h1.8215+0.054%$13.9M$2.4M20xas long as short