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−0.0676%/8h= −74.0% APRnext payment $3.38 per $10,000 · paid last 24h −0.159%
Price spread now: Bitget against KuCoin+0.037%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1301.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.682%−$68 on $10k
Price spread, last 7 days−0.047%−$5 · spread now +0.037%, 7d avg +0.059%
Together, before fees−0.729%−$73 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Bitget is 0.022% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.059%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PIEVERSEUSDTM1.81520.0812pay 0.0406% / 4h42m 48s$13.9M$2.4M20x
ShortBitget PIEVERSEUSDT1.81590.0136get 0.0068% / 4h42m 48s$3.9M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
−$141.96
Price spread: +0.037% → +0.059%
−$2.24
Slippage, 4 orders
−$105.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$273.79
Costs to cover
1.296%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 5 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 KuCoin live order book, 6 min ago8.72 bp29.9 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.14 bp30.7 bp −$31doesn'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%4h1.8147−0.027%$10.9M$10.4M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8131−0.115%$8.3M$3.3M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8161+0.053%$47K$12Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8140−0.066%$2K$713K20xas long as short
Bitget PIEVERSEUSDTshort+0.0136%4h1.8159+0.037%$3.9M$2.1M10x
BloFin PIEVERSE-USDT+0.0491%4h1.8167+0.083%$1.1M$2.3M40xas long as short
Binance PIEVERSEUSDT+0.0518%4h1.8158+0.034%$21.5M$26.9M20xas long as short
Extended PIEVERSE-USD+0.0520%1h1.8143−0.048%$40K$262K5xas long as short
MEXC PIEVERSE_USDT+0.0522%4h1.8157+0.028%$2.6M$813K20xas long as short
edgeX PIEVERSEUSDC+0.0531%4h1.8211+0.324%$37K$435K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDT+0.0588%4h1.8152+0.001%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAP+0.0601%4h1.8150−0.010%$7.2M$17.0M20xas long as short
Aster PIEVERSEUSDT+0.0661%4h1.8157+0.030%$169K$234K5xas long as short
KuCoin PIEVERSEUSDTMlong+0.0812%4h1.8152long leg$13.9M$2.4M20x