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−0.0008%/8h= −0.9% APRnext payment $0.04 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BloFin−0.061%49s7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$860.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.061%, 7d avg −0.082%
Together, before fees+0.266%+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.021% dearer against BloFin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.082%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PIEVERSE-USDT1.80520.0546pay 0.0273% / 4h1h 06m$1.1M$2.3M40x
ShortMEXC PIEVERSE_USDT1.80410.0538get 0.0269% / 4h1h 06m$2.5M$825K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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
−$1.63
Price spread: −0.061% → −0.082%
$2.14
Slippage, 4 orders
−$70.37
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$85.86
Costs to cover
0.864%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; MEXC: live order book, 1 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 BloFin live order book, 2 min ago0.28 bp23.2 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.83 bp23.4 bp −$2355.0 bp −$550511.9 bp −$51.2Kdoesn'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%4h1.8025−0.151%$10.8M$10.7M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8014−0.211%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8014−0.212%$47K$12Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8010−0.233%$2K$713K20xas long as short
Bitget PIEVERSEUSDT+0.0174%4h1.8047−0.029%$3.9M$2.2M10xas long as short
Binance PIEVERSEUSDT+0.0533%4h1.8041−0.062%$21.3M$27.4M20xas long as short
Extended PIEVERSE-USD+0.0536%1h1.8038−0.075%$43K$197K5xas long as short
MEXC PIEVERSE_USDTshort+0.0538%4h1.8041−0.061%$2.5M$825K20x
BloFin PIEVERSE-USDTlong+0.0546%4h1.8052long leg$1.1M$2.3M40x
edgeX PIEVERSEUSDC+0.0560%4h1.8052+0.003%$37K$433K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDT+0.0591%4h1.8038−0.078%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAP+0.0620%4h1.8044−0.044%$7.1M$17.5M20xas long as short
Aster PIEVERSEUSDT+0.0695%4h1.8017−0.192%$168K$239K5xas long as short
KuCoin PIEVERSEUSDTM+0.0818%4h1.8041−0.060%$13.8M$2.4M20xas long as short