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+0.0074%/8h= +8.1% APRnext payment +$0.37 per $10,000 · paid last 24h −0.065%
Price spread now: OKX against BloFin−0.055%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$880.878% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.499%−$50 on $10k
Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.055%, 7d avg −0.045%
Together, before fees−0.380%−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.499%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PIEVERSE-USDT1.80520.0546pay 0.0273% / 4h1h 06m$1.1M$2.3M40x
ShortOKX PIEVERSE-USDT-SWAP1.80420.0620get 0.0310% / 4h1h 06m$7.1M$17.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$15.6
Price spread: −0.055% → −0.045%
−$1.06
Slippage, 4 orders
−$65.77
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$73.23
Costs to cover
0.878%
Break-even
39.9 days
Slippage from BloFin: live order book, 6 min ago; OKX: 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 BloFin live order book, 6 min ago0.55 bp19.6 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.83 bp19.9 bp −$20112.7 bp −$1,127doesn'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%4h1.8028−0.136%$10.8M$10.7M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8024−0.155%$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%4h1.8021−0.172%$1K$713K20xas long as short
Bitget PIEVERSEUSDT+0.0174%4h1.8048−0.023%$3.9M$2.2M10xas long as short
Binance PIEVERSEUSDT+0.0533%4h1.8037−0.083%$21.3M$27.4M20xas long as short
Extended PIEVERSE-USD+0.0536%1h1.8049−0.019%$43K$197K5xas long as short
MEXC PIEVERSE_USDT+0.0538%4h1.8046−0.033%$2.5M$825K20xas long as short
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+0.0586%4h1.8032−0.111%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAPshort+0.0620%4h1.8042−0.055%$7.1M$17.5M20x
Aster PIEVERSEUSDT+0.0695%4h1.8030−0.123%$168K$239K5xas long as short
KuCoin PIEVERSEUSDTM+0.0818%4h1.8041−0.060%$13.8M$2.4M20xas long as short