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−0.0002%/8h= −0.2% APRnext payment $0.01 per $10,000 · paid last 24h +0.065%
Price spread now: BloFin against OKX−0.066%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$930.933% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.499%+$50 on $10k
Price spread, last 4 days (all we have)−0.343%−$34 · spread now −0.066%, 7d avg +0.049%
Together, before fees+0.156%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.115% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PIEVERSE-USDT-SWAP1.82460.0459pay 0.0229% / 4h3h 31m$7.2M$17.8M20x
ShortBloFin PIEVERSE-USDT1.82340.0457get 0.0229% / 4h3h 31m$1.1M$2.4M40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
−$0.33
Price spread: −0.066% → +0.049%
−$11.45
Slippage, 4 orders
−$71.28
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$105.06
Costs to cover
0.933%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 2 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 OKX live order book, 2 min ago2.46 bp25.5 bp −$26189.5 bp −$1,895doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago5.76 bp22.1 bp −$22doesn'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
Gate PIEVERSE_USDT+0.0100%8h1.8205−0.225%$8.3M$3.4M25xas long as short
Bitget PIEVERSEUSDT+0.0100%4h1.8229−0.091%$3.9M$2.1M10xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8233−0.072%$49K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8221−0.137%$2K$690K20xas long as short
MEXC PIEVERSE_USDT+0.0418%4h1.8236−0.055%$2.6M$847K20xas long as short
Binance PIEVERSEUSDT+0.0420%4h1.8236−0.055%$21.6M$27.1M20xas long as short
Extended PIEVERSE-USD+0.0424%1h1.8238−0.043%$40K$257K5xas long as short
edgeX PIEVERSEUSDC+0.0428%4h1.8230−0.086%$37K$435K10xas long as short
BloFin PIEVERSE-USDTshort+0.0457%4h1.8234−0.066%$1.1M$2.4M40x
OKX PIEVERSE-USDT-SWAPlong+0.0459%4h1.8246long leg$7.2M$17.8M20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PIEVERSEUSDT+0.0560%4h1.8221−0.136%$10.9M$10.6M20xas long as short
BingX PIEVERSE-USDT+0.0610%4h1.8239−0.038%$7.1Mas long as short
Aster PIEVERSEUSDT+0.0714%4h1.8209−0.202%$167K$240K5xas long as short
KuCoin PIEVERSEUSDTM+0.0778%4h1.8229−0.094%$13.8M$2.4M20xas long as short