Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h −0.006%

Price spread now: Extended against BloFin−0.094%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$147as in the Price arb table

costs, in and out, $10k−$1441.438% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.235%+$23 · spread now −0.094%, 7d avg −0.065%

Together, before fees+0.227%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.029% cheaper against BloFin than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.065%). If the spread goes back, that is −$3 on $10k: about 2.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PIEVERSE-USDT	1.8146	0.0471	pay 0.0236% / 4h	1h 47m	$1.1M	$2.3M	40x
Short	Extended PIEVERSE-USD	1.8129	0.0512	get 0.0064% / 1h	47m 14s	$41K	$207K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BloFinbpFee ExtendedbpOrdersPrice spread, now −0.094%Rate

Funding earned: $8.56
Price spread: −0.094% → −0.065%: −$2.88
Slippage, 4 orders: −$126.84
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$138.16
Costs to cover: 1.438%
Break-even: 120.0 days

Slippage from BloFin: live order book, 6 min ago; Extended: live order book, 59 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 BloFin live order book, 6 min ago	3.59 bp	16.1 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 59 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	1.8127	−0.104%	$10.9M	$10.7M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8116	−0.165%	$8.3M	$3.4M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8152	+0.033%	$48K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8115	−0.171%	$1K	$706K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0170%	4h	1.8137	−0.050%	$3.9M	$2.1M	10x	as long as short
BloFin PIEVERSE-USDTlong	+0.0471%	4h	1.8146	long leg	$1.1M	$2.3M	40x
MEXC PIEVERSE_USDT	+0.0492%	4h	1.8139	−0.039%	$2.6M	$818K	20x	as long as short
edgeX PIEVERSEUSDC	+0.0497%	4h	1.8027	−0.655%	$37K	$433K	10x	as long as short
Binance PIEVERSEUSDT	+0.0511%	4h	1.8140	−0.033%	$21.4M	$27.4M	20x	as long as short
Extended PIEVERSE-USDshort	+0.0512%	1h	1.8129	−0.094%	$41K	$207K	5x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIEVERSE-USDT	+0.0564%	4h	1.8135	−0.061%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0595%	4h	1.8138	−0.044%	$7.1M	$17.6M	20x	as long as short
Aster PIEVERSEUSDT	+0.0686%	4h	1.8116	−0.165%	$168K	$240K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0836%	4h	1.8133	−0.071%	$13.9M	$2.4M	20x	as long as short