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+0.0345%/8h= +37.8% APRnext payment +$1.72 per $10,000 · paid last 24h +0.035%
Price spread now: KuCoin against edgeX+0.072%7-day average −0.133% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$750.751% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.219%+$22 on $10k
Price spread, last 4 days (all we have)−0.550%−$55 · spread now +0.072%, 7d avg −0.133%
Together, before fees−0.331%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.205% dearer against edgeX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.133%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.219% in total (about 11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX PIEVERSEUSDC1.81520.0501pay 0.0251% / 4h2h 35m$37K$431K10x
ShortKuCoin PIEVERSEUSDTM1.81650.0846get 0.0423% / 4h2h 35m$13.8M$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$72.43
Price spread: +0.072% → −0.133%
$20.46
Slippage, 4 orders
−$54.13
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$17.75
Costs to cover
0.751%
Break-even
5.3 days
Slippage from edgeX: live order book, 13 min ago; KuCoin: live order book, 8 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 ago4.68 bp13.0 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago11.32 bp25.4 bp −$25doesn'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%4h1.8167+0.082%$10.9M$10.6M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8143−0.051%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8149−0.017%$48K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8126−0.144%$2K$696K20xas long as short
Bitget PIEVERSEUSDT+0.0152%4h1.8189+0.202%$3.9M$2.1M10xas long as short
MEXC PIEVERSE_USDT+0.0478%4h1.8176+0.131%$2.5M$816K20xas long as short
Extended PIEVERSE-USD+0.0480%1h1.8177+0.135%$39K$209K5xas long as short
Binance PIEVERSEUSDT+0.0480%4h1.8180+0.153%$21.5M$27.1M20xas long as short
edgeX PIEVERSEUSDClong+0.0501%4h1.8152long leg$37K$431K10x
BloFin PIEVERSE-USDT+0.0531%4h1.8161+0.049%$1.1M$2.3M40xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDT+0.0534%4h1.8174+0.120%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAP+0.0566%4h1.8173+0.115%$7.2M$17.6M20xas long as short
Aster PIEVERSEUSDT+0.0706%4h1.8164+0.065%$168K$240K5xas long as short
KuCoin PIEVERSEUSDTMshort+0.0846%4h1.8165+0.072%$13.8M$2.4M20x