Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0453%/8h= +49.6% APRpaid last 24h +0.075%

Price spread now: Extended against OKX+0.024%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$175as in the Price arb table

costs, in and out, $10k−$1781.782% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.487%+$49 on $10k

Price spread, last 4 days (all we have)+0.527%+$53 · spread now +0.024%, 7d avg −0.005%

Together, before fees+1.014%+ Points / potential airdropExtended: Active · farm board+$101 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Extended is 0.029% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PIEVERSE-USDT-SWAP	1.8368	0.0139	pay 0.0070% / 4h	1h 21m	$7.3M	$21.4M	20x
Short	Extended PIEVERSE-USD	1.8372	0.0592	get 0.0074% / 1h	21m 51s	$41K	$160K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee OKXbpFee ExtendedbpOrdersPrice spread, now +0.024%Rate

Funding earned: $95.13
Price spread: +0.024% → −0.005%: $2.86
Slippage, 4 orders: −$163.2
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$80.21
Costs to cover: 1.782%
Break-even: 12.9 days

Slippage from OKX: live order book, 2 min ago; Extended: live order book, 59 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 OKX live order book, 2 min ago	1.63 bp	27.3 bp −$27	174.9 bp −$1,749	doesn't fit	doesn't fit
Sell Extended live order book, 59 min ago	2.69 bp	47.5 bp −$47	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_USDT	+0.0100%	8h	1.8365	−0.016%	$8.3M	$3.9M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8225	−0.777%	$49K	$10K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8400	+0.174%	$1K	$670K	20x	as long as short
OKX PIEVERSE-USDT-SWAPlong	+0.0139%	4h	1.8368	long leg	$7.3M	$21.4M	20x
Bitget PIEVERSEUSDT	+0.0280%	4h	1.8377	+0.051%	$4.0M	$2.9M	10x	as long as short
Bybit PIEVERSEUSDT	+0.0450%	4h	1.8374	+0.033%	$11.0M	$12.2M	20x	as long as short
BingX PIEVERSE-USDT	+0.0566%	4h	1.8371	+0.016%	—	$7.2M	—	as long as short
edgeX PIEVERSEUSDC	+0.0580%	4h	1.8266	−0.555%	$38K	$439K	10x	as long as short
Extended PIEVERSE-USDshort	+0.0592%	1h	1.8372	+0.024%	$41K	$160K	5x
MEXC PIEVERSE_USDT	+0.0594%	4h	1.8383	+0.082%	$2.5M	$879K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PIEVERSEUSDT	+0.0594%	4h	1.8376	+0.044%	$21.9M	$31.1M	20x	as long as short
BloFin PIEVERSE-USDT	+0.0605%	4h	1.8387	+0.103%	$1.1M	$2.5M	40x	as long as short
Aster PIEVERSEUSDT	+0.0607%	4h	1.8403	+0.191%	$171K	$292K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0626%	4h	1.8377	+0.052%	$13.9M	$2.9M	20x	as long as short