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+0.0321%/8h= +35.1% APRnext payment +$1.60 per $10,000 · paid last 24h +0.099%
Price spread now: KuCoin against OKX−0.110%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1011.013% 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+0.118%+$12 · spread now −0.110%, 7d avg +0.002%
Together, before fees+0.846%+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.112% cheaper against OKX than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of +0.002%). If the spread goes back, that is −$11 on $10k: about 28 hours of funding at the current rate (+$10 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PIEVERSE-USDT-SWAP1.81570.0465pay 0.0233% / 4h3h 29m$7.2M$17.7M20x
ShortKuCoin PIEVERSEUSDTM1.81370.0786get 0.0393% / 4h3h 29m$13.8M$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$67.37
Price spread: −0.110% → +0.002%
−$11.21
Slippage, 4 orders
−$79.26
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$45.09
Costs to cover
1.013%
Break-even
11.7 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 4 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, 3 min ago2.46 bp25.5 bp −$26189.5 bp −$1,895doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago5.04 bp33.5 bp −$33doesn'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%8h1.8143−0.077%$8.3M$3.4M25xas long as short
Bitget PIEVERSEUSDT+0.0100%4h1.8165+0.043%$3.9M$2.1M10xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8233+0.418%$49K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8236+0.435%$2K$690K20xas long as short
Extended PIEVERSE-USD+0.0416%1h1.8143−0.079%$40K$257K5xas long as short
Binance PIEVERSEUSDT+0.0418%4h1.8139−0.098%$21.5M$27.1M20xas long as short
MEXC PIEVERSE_USDT+0.0420%4h1.8149−0.044%$2.5M$848K20xas long as short
edgeX PIEVERSEUSDC+0.0428%4h1.8230+0.404%$37K$435K10xas long as short
BloFin PIEVERSE-USDT+0.0457%4h1.8234+0.424%$1.1M$2.4M40xas long as short
OKX PIEVERSE-USDT-SWAPlong+0.0465%4h1.8157long leg$7.2M$17.7M20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PIEVERSEUSDT+0.0541%4h1.8127−0.165%$10.8M$10.6M20xas long as short
BingX PIEVERSE-USDT+0.0610%4h1.8135−0.121%$7.1Mas long as short
Aster PIEVERSEUSDT+0.0712%4h1.8166+0.050%$166K$240K5xas long as short
KuCoin PIEVERSEUSDTMshort+0.0786%4h1.8137−0.110%$13.8M$2.4M20x