Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0339%/8h= +37.1% APRpaid last 24h +0.163%

Price spread now: Binance against Gate+0.169%7-day average +0.127% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1071.072% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.557%+$56 on $10k

Price spread, last 7 days−0.078%−$8 · spread now +0.169%, 7d avg +0.127%

Together, before fees+0.479%+$48 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 Binance is 0.041% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.127%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PIEVERSE_USDT	1.8697	0.0100	pay 0.0100% / 8h	4h 05m	$8.5M	$3.4M	25x
Short	Binance PIEVERSEUSDT	1.8729	0.0439	get 0.0220% / 4h	5m 00s	$22.2M	$27.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.169%Rate

Funding earned: $71.22
Price spread: +0.169% → +0.127%: $4.14
Slippage, 4 orders: −$82.18
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$31.81
Costs to cover: 1.072%
Break-even: 10.1 days

Slippage from Gate: live order book, 3 min ago; Binance: live order book, 6 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, 3 min ago	8.06 bp	30.1 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.27 bp	26.6 bp −$27	185.7 bp −$1,857	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	1.8708	+0.060%	$11.1M	$10.6M	20x	as long as short
Gate PIEVERSE_USDTlong	+0.0100%	8h	1.8697	long leg	$8.5M	$3.4M	25x
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8737	+0.213%	$4.0M	$2.2M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8663	−0.181%	$50K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8707	+0.053%	$2K	$682K	20x	as long as short
Binance PIEVERSEUSDTshort	+0.0439%	4h	1.8729	+0.169%	$22.2M	$27.0M	20x
Extended PIEVERSE-USD	+0.0440%	1h	1.8728	+0.164%	$43K	$253K	5x	as long as short
BingX PIEVERSE-USDT	+0.0442%	4h	1.8721	+0.128%	—	$7.1M	—	as long as short
MEXC PIEVERSE_USDT	+0.0446%	4h	1.8732	+0.187%	$2.6M	$854K	20x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0463%	4h	1.8727	+0.160%	$7.4M	$18.3M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX PIEVERSEUSDC	+0.0464%	4h	1.8626	−0.380%	$38K	$434K	10x	as long as short
BloFin PIEVERSE-USDT	+0.0499%	4h	1.8718	+0.112%	$1.1M	$2.4M	40x	as long as short
Aster PIEVERSEUSDT	+0.0771%	4h	1.8699	+0.011%	$171K	$244K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0854%	4h	1.8729	+0.172%	$14.3M	$2.4M	20x	as long as short