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

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0405%/8h= −44.4% APRnext payment $2.03 per $10,000 · paid last 24h −0.113%
Price spread now: Bitget against edgeX−0.132%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$890.888% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.447%−$45 on $10k
Price spread, last 3 days (all we have)−0.237%−$24 · spread now −0.132%, 7d avg −0.077%
Together, before fees−0.684%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bitget is 0.056% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.077%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX PIEVERSEUSDC1.82530.0517pay 0.0259% / 4h2h 55m$37K$430K10x
ShortBitget PIEVERSEUSDT1.82290.0112get 0.0056% / 4h2h 55m$3.9M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
−$85.13
Price spread: −0.132% → −0.077%
−$5.59
Slippage, 4 orders
−$67.81
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$179.53
Costs to cover
0.888%
Break-even
never at this rate
Slippage from edgeX: live order book, 13 min ago; Bitget: live order book, 3 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 edgeX live order book, 13 min ago4.63 bp13.0 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.08 bp34.3 bp −$34doesn'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%8h1.8212−0.226%$8.3M$3.3M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8221−0.176%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8236−0.095%$2K$664K20xas long as short
Bitget PIEVERSEUSDTshort+0.0112%4h1.8229−0.132%$3.9M$2.4M10x
Bybit PIEVERSEUSDT+0.0177%4h1.8226−0.150%$11.0M$11.1M20xas long as short
OKX PIEVERSE-USDT-SWAP+0.0316%4h1.8222−0.171%$7.3M$18.5M20xas long as short
BloFin PIEVERSE-USDT+0.0440%4h1.8233−0.111%$1.1M$2.4M40xas long as short
BingX PIEVERSE-USDT+0.0468%4h1.8224−0.160%$7.1Mas long as short
Extended PIEVERSE-USD+0.0496%1h1.8233−0.109%$41K$241K5xas long as short
MEXC PIEVERSE_USDT+0.0498%4h1.8227−0.144%$2.4M$832K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PIEVERSEUSDT+0.0500%4h1.8231−0.121%$21.7M$27.8M20xas long as short
edgeX PIEVERSEUSDClong+0.0517%4h1.8253long leg$37K$430K10x
Aster PIEVERSEUSDT+0.0556%4h1.8240−0.072%$168K$264K5xas long as short
KuCoin PIEVERSEUSDTM+0.0754%4h1.8234−0.105%$13.9M$2.6M20xas long as short