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+0.0053%/8h= +5.8% APRnext payment +$0.27 per $10,000 · paid last 24h −0.001%
Price spread now: edgeX against BloFin+0.007%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$690.691% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.007%, 7d avg −0.041%
Together, before fees+0.050%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and edgeX is 0.048% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PIEVERSE-USDT1.80870.0428pay 0.0214% / 4h2h 01m$1.1M$2.3M40x
ShortedgeX PIEVERSEUSDC1.80880.0482get 0.0241% / 4h2h 01m$37K$432K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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
$11.19
Price spread: +0.007% → −0.041%
$4.84
Slippage, 4 orders
−$48.1
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$53.08
Costs to cover
0.691%
Break-even
40.2 days
Slippage from BloFin: live order book, 1 min ago; edgeX: live order book, 47 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 BloFin live order book, 1 min ago1.11 bp20.3 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 47 min ago4.68 bp12.9 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%4h1.7989−0.545%$10.8M$10.7M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8026−0.337%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8152+0.361%$48K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8078−0.050%$1K$699K20xas long as short
Bitget PIEVERSEUSDT+0.0170%4h1.8047−0.222%$3.9M$2.1M10xas long as short
BloFin PIEVERSE-USDTlong+0.0428%4h1.8087long leg$1.1M$2.3M40x
Binance PIEVERSEUSDT+0.0478%4h1.8012−0.412%$21.3M$27.2M20xas long as short
edgeX PIEVERSEUSDCshort+0.0482%4h1.8088+0.007%$37K$432K10x
MEXC PIEVERSE_USDT+0.0484%4h1.8016−0.393%$2.5M$826K20xas long as short
Extended PIEVERSE-USD+0.0488%1h1.8034−0.292%$41K$207K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDT+0.0586%4h1.8027−0.332%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAP+0.0592%4h1.8010−0.426%$7.1M$17.5M20xas long as short
Aster PIEVERSEUSDT+0.0682%4h1.8035−0.286%$167K$241K5xas long as short
KuCoin PIEVERSEUSDTM+0.0836%4h1.8037−0.278%$13.8M$2.4M20xas long as short