Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0492%/8h= +53.9% APRpaid last 24h +0.148%

Price spread now: Extended against Gate+0.113%7-day average +0.145% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$1801.798% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.526%+$53 on $10k

Price spread, last 4 days (all we have)+0.160%+$16 · spread now +0.113%, 7d avg +0.145%

Together, before fees+0.686%+ Points / potential airdropExtended: Active · farm board+$69 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.032% cheaper against Gate than usual: you would sell low and buy high (spread +0.113% now, against its 7-day average of +0.145%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PIEVERSE_USDT	1.8451	0.0100	pay 0.0100% / 8h	59m 08s	$8.4M	$3.8M	25x
Short	Extended PIEVERSE-USD	1.8472	0.0592	get 0.0074% / 1h	59m 08s	$42K	$160K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.113%Rate

Funding earned: $103.32
Price spread: +0.113% → +0.145%: −$3.25
Slippage, 4 orders: −$159.77
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$79.7
Costs to cover: 1.798%
Break-even: 12.4 days

Slippage from Gate: live order book, 4 min ago; Extended: live order book, 17 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, 4 min ago	4.89 bp	31.0 bp −$31	2193.2 bp −$21.9K	doesn't fit	doesn't fit
Sell Extended live order book, 17 min ago	1.88 bp	52.7 bp −$53	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	1.8451	long leg	$8.4M	$3.8M	25x
Variational Omni PIEVERSE	+0.0100%	4h	1.8462	+0.060%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8449	−0.011%	$1K	$673K	20x	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0202%	4h	1.8490	+0.211%	$7.3M	$21.6M	20x	as long as short
Bitget PIEVERSEUSDT	+0.0292%	4h	1.8485	+0.187%	$4.0M	$2.9M	10x	as long as short
Bybit PIEVERSEUSDT	+0.0484%	4h	1.8471	+0.109%	$11.1M	$12.2M	20x	as long as short
BingX PIEVERSE-USDT	+0.0568%	4h	1.8485	+0.184%	—	$7.2M	—	as long as short
edgeX PIEVERSEUSDC	+0.0585%	4h	1.8451	0.000%	$38K	$442K	10x	as long as short
MEXC PIEVERSE_USDT	+0.0588%	4h	1.8477	+0.141%	$2.5M	$871K	20x	as long as short
Binance PIEVERSEUSDT	+0.0591%	4h	1.8484	+0.182%	$22.0M	$31.1M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended PIEVERSE-USDshort	+0.0592%	1h	1.8472	+0.113%	$42K	$160K	5x
Aster PIEVERSEUSDT	+0.0620%	4h	1.8445	−0.030%	$171K	$292K	5x	as long as short
BloFin PIEVERSE-USDT	+0.0626%	4h	1.8487	+0.195%	$1.1M	$2.5M	40x	as long as short
KuCoin PIEVERSEUSDTM	+0.0656%	4h	1.8477	+0.140%	$14.0M	$2.9M	20x	as long as short