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−0.0061%/8h= −6.7% APRnext payment $0.30 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against edgeX−0.006%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$710.715% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 3 days (all we have)−0.004%$0 · spread now −0.006%, 7d avg +0.048%
Together, before fees−0.017%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.054% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.048%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX PIEVERSEUSDC1.81270.0505pay 0.0253% / 4h2h 49m$37K$432K10x
ShortBloFin PIEVERSE-USDT1.81260.0445get 0.0222% / 4h2h 49m$1.1M$2.4M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$12.78
Price spread: −0.006% → +0.048%
−$5.41
Slippage, 4 orders
−$50.47
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$89.66
Costs to cover
0.715%
Break-even
never at this rate
Slippage from edgeX: live order book, 19 min ago; BloFin: live order book, 4 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, 19 min ago4.63 bp13.0 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.55 bp20.2 bp −$20doesn'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
Bybit PIEVERSEUSDT+0.0100%4h1.8095−0.177%$10.9M$11.1M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8119−0.044%$8.2M$3.4M25xas long as short
Bitget PIEVERSEUSDT+0.0100%4h1.8125−0.012%$3.9M$2.4M10xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8133+0.034%$48K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8108−0.105%$2K$666K20xas long as short
OKX PIEVERSE-USDT-SWAP+0.0317%4h1.8123−0.022%$7.2M$18.5M20xas long as short
BloFin PIEVERSE-USDTshort+0.0445%4h1.8126−0.006%$1.1M$2.4M40x
BingX PIEVERSE-USDT+0.0472%4h1.8116−0.061%$7.2Mas long as short
MEXC PIEVERSE_USDT+0.0494%4h1.8122−0.028%$2.4M$835K20xas long as short
Binance PIEVERSEUSDT+0.0496%4h1.8114−0.072%$21.5M$27.8M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PIEVERSE-USD+0.0496%1h1.8124−0.016%$41K$241K5xas long as short
edgeX PIEVERSEUSDClong+0.0505%4h1.8127long leg$37K$432K10x
Aster PIEVERSEUSDT+0.0550%4h1.8123−0.023%$167K$266K5xas long as short
KuCoin PIEVERSEUSDTM+0.0746%4h1.8140+0.073%$13.8M$2.6M20xas long as short