Funding arb · Price arb /

PIEVERSE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0162%/8h= +17.7% APRpaid last 24h +0.103%

Price spread now: Aster against Extended−0.137%7-day average −0.110% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1411.412% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.722%+$72 on $10k

Price spread, last 4 days (all we have)−0.222%−$22 · spread now −0.137%, 7d avg −0.110%

Together, before fees+0.500%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board+$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.027% cheaper against Extended than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.110%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day). At the pace of the last 6 days (+0.722% in total) that is about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PIEVERSE-USD	1.8061	0.0528	pay 0.0066% / 1h	4m 06s	$40K	$200K	5x
Short	Aster PIEVERSEUSDT	1.8036	0.0690	get 0.0345% / 4h	1h 04m	$168K	$239K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee AsterbpOrdersPrice spread, now −0.137%Rate

Funding earned: $33.98
Price spread: −0.137% → −0.110%: −$2.71
Slippage, 4 orders: −$128.17
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$109.9
Costs to cover: 1.412%
Break-even: 29.6 days

Slippage from Extended: live order book, 37 min ago; Aster: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 37 min ago	1.87 bp	28.6 bp −$29	408.6 bp −$4,086	doesn't fit	doesn't fit
Sell Aster live order book, 38 min ago	4.95 bp	19.0 bp −$19	doesn't fit	doesn't fit	doesn't fit

PIEVERSE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit PIEVERSEUSDT	+0.0100%	4h	1.8054	−0.040%	$10.8M	$10.7M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8034	−0.148%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8025	−0.196%	$47K	$12K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8042	−0.104%	$2K	$713K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0174%	4h	1.8079	+0.101%	$3.9M	$2.2M	10x	as long as short
BloFin PIEVERSE-USDT	+0.0477%	4h	1.8063	+0.012%	$1.1M	$2.3M	40x	as long as short
Extended PIEVERSE-USDlong	+0.0528%	1h	1.8061	long leg	$40K	$200K	5x
Binance PIEVERSEUSDT	+0.0529%	4h	1.8072	+0.062%	$21.4M	$27.4M	20x	as long as short
MEXC PIEVERSE_USDT	+0.0532%	4h	1.8071	+0.057%	$2.5M	$825K	20x	as long as short
edgeX PIEVERSEUSDC	+0.0560%	4h	1.8052	−0.046%	$37K	$433K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIEVERSE-USDT	+0.0592%	4h	1.8062	+0.007%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0624%	4h	1.8062	+0.007%	$7.1M	$17.5M	20x	as long as short
Aster PIEVERSEUSDTshort	+0.0690%	4h	1.8036	−0.137%	$168K	$239K	5x
KuCoin PIEVERSEUSDTM	+0.0830%	4h	1.8061	0.000%	$13.8M	$2.4M	20x	as long as short