Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0216%/8h= −23.6% APRpaid last 24h −0.102%

Price spread now: Extended against Aster−0.039%7-day average +0.111% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$159as in the Price arb table

costs, in and out, $10k−$1441.435% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.728%−$73 on $10k

Price spread, last 4 days (all we have)+0.668%+$67 · spread now −0.039%, 7d avg +0.111%

Together, before fees−0.060%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.150% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.111%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PIEVERSEUSDT	1.8192	0.0704	pay 0.0352% / 4h	2h 12m	$169K	$240K	5x
Short	Extended PIEVERSE-USD	1.8185	0.0488	get 0.0061% / 1h	12m 45s	$39K	$209K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$45.27
Price spread: −0.039% → +0.111%: −$14.97
Slippage, 4 orders: −$130.54
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$203.78
Costs to cover: 1.435%
Break-even: never at this rate

Slippage from Aster: live order book, 34 min ago; Extended: live order book, 34 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 Aster live order book, 34 min ago	5.49 bp	21.1 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 34 min ago	2.50 bp	45.9 bp −$46	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
Bybit PIEVERSEUSDT	+0.0100%	4h	1.8188	−0.022%	$10.9M	$10.6M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8171	−0.115%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8221	+0.159%	$48K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8181	−0.060%	$1K	$698K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0172%	4h	1.8208	+0.086%	$3.9M	$2.1M	10x	as long as short
BloFin PIEVERSE-USDT	+0.0448%	4h	1.8204	+0.066%	$1.1M	$2.3M	40x	as long as short
edgeX PIEVERSEUSDC	+0.0462%	4h	1.8238	+0.250%	$37K	$434K	10x	as long as short
Extended PIEVERSE-USDshort	+0.0488%	1h	1.8185	−0.039%	$39K	$209K	5x
MEXC PIEVERSE_USDT	+0.0488%	4h	1.8196	+0.022%	$2.6M	$824K	20x	as long as short
Binance PIEVERSEUSDT	+0.0489%	4h	1.8201	+0.049%	$21.5M	$27.1M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIEVERSE-USDT	+0.0582%	4h	1.8188	−0.022%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0623%	4h	1.8198	+0.033%	$7.2M	$17.7M	20x	as long as short
Aster PIEVERSEUSDTlong	+0.0704%	4h	1.8192	long leg	$169K	$240K	5x
KuCoin PIEVERSEUSDTM	+0.0860%	4h	1.8207	+0.081%	$13.9M	$2.4M	20x	as long as short