Settings8H · net · $10k
Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0210%/8h= +23.0% APRnext payment +$1.05 per $10,000 · paid last 24h +0.100%
Price spread now: KuCoin against BingX−0.072%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$940.939% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.427%+$43 on $10k
Price spread, last 7 days+0.080%+$8 · spread now −0.072%, 7d avg −0.046%
Together, before fees+0.507%+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.027% cheaper against BingX than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.046%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PIEVERSE-USDT1.84160.0542pay 0.0271% / 4h3h 50m$7.2M
ShortKuCoin PIEVERSEUSDTM1.84030.0752get 0.0376% / 4h3h 50m$14.0M$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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
$44.1
Price spread: −0.072% → −0.046%
−$2.65
Slippage, 4 orders
−$71.91
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$52.46
Costs to cover
0.939%
Break-even
15.3 days
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 8 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 BingX live order book, 7 min ago2.98 bp20.7 bp −$2180.6 bp −$806949.5 bp −$95.0K1347.0 bp −$673.5K
Sell KuCoin live order book, 8 min ago4.78 bp20.3 bp −$20doesn'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%8h1.8391−0.136%$8.4M$3.5M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8385−0.170%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8372−0.239%$2K$685K20xas long as short
Bitget PIEVERSEUSDT+0.0252%4h1.8426+0.055%$4.0M$2.9M10xas long as short
OKX PIEVERSE-USDT-SWAP+0.0321%4h1.8420+0.022%$7.3M$21.4M20xas long as short
BingX PIEVERSE-USDTlong+0.0542%4h1.8416long leg$7.2M
BloFin PIEVERSE-USDT+0.0545%4h1.8409−0.038%$1.1M$2.5M40xas long as short
edgeX PIEVERSEUSDC+0.0558%4h1.8419+0.014%$38K$443K10xas long as short
MEXC PIEVERSE_USDT+0.0572%4h1.8410−0.033%$2.5M$874K20xas long as short
Extended PIEVERSE-USD+0.0576%1h1.8407−0.051%$40K$168K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PIEVERSEUSDT+0.0579%4h1.8416+0.003%$21.9M$31.2M20xas long as short
Aster PIEVERSEUSDT+0.0617%4h1.8398−0.098%$170K$291K5xas long as short
KuCoin PIEVERSEUSDTMshort+0.0752%4h1.8403−0.072%$14.0M$3.0M20x
Bybit PIEVERSEUSDT+0.1079%4h1.8408−0.043%$11.1M$12.3M20xas long as short