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−0.0294%/8h= −32.2% APRnext payment $1.47 per $10,000 · paid last 24h −0.099%
Price spread now: OKX against KuCoin+0.149%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$890.892% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.728%−$73 on $10k
Price spread, last 7 days−0.157%−$16 · spread now +0.149%, 7d avg −0.002%
Together, before fees−0.885%−$88 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.151% dearer against KuCoin than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of −0.002%): +$15 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 41 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PIEVERSEUSDTM1.81590.0824pay 0.0412% / 4h2h 51m$13.8M$2.4M20x
ShortOKX PIEVERSE-USDT-SWAP1.81860.0530get 0.0265% / 4h2h 51m$7.2M$17.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$61.82
Price spread: +0.149% → −0.002%
$15.12
Slippage, 4 orders
−$67.18
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$135.88
Costs to cover
0.892%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 1 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, 2 min ago7.82 bp23.3 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.10 bp19.8 bp −$20130.1 bp −$1,301doesn'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%4h1.8160+0.007%$10.9M$10.7M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8132−0.148%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8162+0.019%$49K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8136−0.126%$2K$695K20xas long as short
Bitget PIEVERSEUSDT+0.0102%4h1.8187+0.156%$3.9M$2.1M10xas long as short
BloFin PIEVERSE-USDT+0.0448%4h1.8169+0.056%$1.1M$2.3M40xas long as short
Extended PIEVERSE-USD+0.0464%1h1.8157−0.013%$42K$212K5xas long as short
Binance PIEVERSEUSDT+0.0467%4h1.8173+0.078%$21.5M$27.1M20xas long as short
MEXC PIEVERSE_USDT+0.0470%4h1.8161+0.012%$2.5M$809K20xas long as short
edgeX PIEVERSEUSDC+0.0485%4h1.8156−0.014%$37K$434K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDT+0.0492%4h1.8183+0.133%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAPshort+0.0530%4h1.8186+0.149%$7.2M$17.6M20x
Aster PIEVERSEUSDT+0.0704%4h1.8151−0.044%$167K$239K5xas long as short
KuCoin PIEVERSEUSDTMlong+0.0824%4h1.8159long leg$13.8M$2.4M20x