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+0.0385%/8h= +42.2% APRnext payment +$1.93 per $10,000 · paid last 24h +0.110%
Price spread now: edgeX against Bitget+0.361%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$910.914% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.447%+$45 on $10k
Price spread, last 4 days (all we have)+0.186%+$19 · spread now +0.361%, 7d avg +0.080%
Together, before fees+0.633%+ Points / potential airdropedgeX: Active · farm board+$63 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and edgeX is 0.281% dearer against Bitget than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PIEVERSEUSDT1.84290.0100pay 0.0050% / 4h20m 57s$4.0M$2.2M10x
ShortedgeX PIEVERSEUSDC1.84960.0485get 0.0243% / 4h20m 57s$38K$433K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$80.86
Price spread: +0.361% → +0.080%
$28.14
Slippage, 4 orders
−$70.38
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$17.62
Costs to cover
0.914%
Break-even
5.5 days
Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 38 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 Bitget live order book, 2 min ago5.44 bp33.5 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 38 min ago4.61 bp12.7 bp −$13doesn'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
Bybit PIEVERSEUSDT+0.0100%4h1.8410−0.106%$10.9M$10.6M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8408−0.114%$8.4M$3.4M25xas long as short
Bitget PIEVERSEUSDTlong+0.0100%4h1.8429long leg$4.0M$2.2M10x
Variational Omni PIEVERSE+0.0100%4h1.8384−0.244%$50K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8387−0.228%$2K$679K20xas long as short
BingX PIEVERSE-USDT+0.0454%4h1.8418−0.060%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAP+0.0464%4h1.8421−0.043%$7.3M$18.0M20xas long as short
Extended PIEVERSE-USD+0.0464%1h1.8413−0.089%$43K$257K5xas long as short
Binance PIEVERSEUSDT+0.0466%4h1.8422−0.038%$21.8M$27.0M20xas long as short
MEXC PIEVERSE_USDT+0.0468%4h1.8416−0.071%$2.6M$849K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX PIEVERSEUSDCshort+0.0485%4h1.8496+0.361%$38K$433K10x
BloFin PIEVERSE-USDT+0.0500%4h1.8418−0.060%$1.1M$2.4M40xas long as short
Aster PIEVERSEUSDT+0.0770%4h1.8434+0.027%$168K$244K5xas long as short
KuCoin PIEVERSEUSDTM+0.0844%4h1.8430+0.003%$14.0M$2.4M20xas long as short