Funding arb · Price arb /

PIEVERSE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0542%/8h= +59.4% APRpaid last 24h +0.302%

Price spread now: Aster against Gate0.000%7-day average +0.033% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$870.867% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+1.212%+$121 on $10k

Price spread, last 4 days (all we have)−0.906%−$91 · spread now 0.000%, 7d avg +0.033%

Together, before fees+0.305%+ Points / potential airdropAster: Stage 5 · farm board+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.033%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$16 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PIEVERSE_USDT	1.8469	0.0100	pay 0.0100% / 8h	1h 41m	$8.4M	$3.8M	25x
Short	Aster PIEVERSEUSDT	1.8469	0.0642	get 0.0321% / 4h	1h 41m	$172K	$290K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now 0.000%Rate

Funding earned: $113.9
Price spread: 0.000% → +0.033%: −$3.26
Slippage, 4 orders: −$63.71
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: $23.93
Costs to cover: 0.867%
Break-even: 5.5 days

Slippage from Gate: live order book, 2 min ago; Aster: live order book, 40 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 Gate live order book, 2 min ago	2.44 bp	21.6 bp −$22	2119.4 bp −$21.2K	doesn't fit	doesn't fit
Sell Aster live order book, 40 min ago	3.79 bp	22.9 bp −$23	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
Gate PIEVERSE_USDTlong	+0.0100%	8h	1.8469	long leg	$8.4M	$3.8M	25x
Variational Omni PIEVERSE	+0.0100%	4h	1.8462	−0.037%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8417	−0.282%	$2K	$666K	20x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0138%	4h	1.8480	+0.060%	$7.4M	$21.5M	20x	as long as short
Bitget PIEVERSEUSDT	+0.0288%	4h	1.8504	+0.190%	$4.0M	$2.9M	10x	as long as short
BloFin PIEVERSE-USDT	+0.0593%	4h	1.8482	+0.070%	$1.1M	$2.5M	40x	as long as short
BingX PIEVERSE-USDT	+0.0600%	4h	1.8486	+0.092%	—	$7.2M	—	as long as short
Bybit PIEVERSEUSDT	+0.0602%	4h	1.8472	+0.016%	$11.1M	$12.1M	20x	as long as short
KuCoin PIEVERSEUSDTM	+0.0608%	4h	1.8486	+0.094%	$14.0M	$2.9M	20x	as long as short
edgeX PIEVERSEUSDC	+0.0618%	4h	1.8473	+0.024%	$38K	$438K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PIEVERSEUSDT	+0.0628%	4h	1.8485	+0.087%	$22.0M	$31.1M	20x	as long as short
MEXC PIEVERSE_USDT	+0.0630%	4h	1.8496	+0.146%	$2.5M	$875K	20x	as long as short
Extended PIEVERSE-USD	+0.0632%	1h	1.8486	+0.090%	$41K	$160K	5x	as long as short
Aster PIEVERSEUSDTshort	+0.0642%	4h	1.8469	0.000%	$172K	$290K	5x