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+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against BloFin+0.022%49s7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$840.843% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.175%+$18 · spread now +0.022%, 7d avg −0.082%
Together, before fees+0.183%+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.104% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.082%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PIEVERSE-USDT1.80940.0538pay 0.0269% / 4h1h 16m$1.1M$2.3M40x
ShortMEXC PIEVERSE_USDT1.80980.0550get 0.0275% / 4h1h 16m$2.6M$824K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$2.42
Price spread: +0.022% → −0.082%
$10.44
Slippage, 4 orders
−$68.3
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$71.44
Costs to cover
0.843%
Break-even
213.3 days
Slippage from BloFin: live order book, 7 min ago; MEXC: live order book, 1 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, 7 min ago0.82 bp20.2 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.93 bp31.7 bp −$3277.5 bp −$775480.7 bp −$48.1Kdoesn'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%4h1.8084−0.055%$10.9M$10.7M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8070−0.133%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8020−0.407%$47K$12Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8069−0.138%$2K$712K20xas long as short
Bitget PIEVERSEUSDT+0.0178%4h1.8091−0.017%$3.9M$2.2M10xas long as short
edgeX PIEVERSEUSDC+0.0526%4h1.8116+0.122%$37K$434K10xas long as short
BloFin PIEVERSE-USDTlong+0.0538%4h1.8094long leg$1.1M$2.3M40x
MEXC PIEVERSE_USDTshort+0.0550%4h1.8098+0.022%$2.6M$824K20x
Binance PIEVERSEUSDT+0.0550%4h1.8096+0.011%$21.4M$27.4M20xas long as short
Extended PIEVERSE-USD+0.0552%1h1.8091−0.017%$43K$197K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDT+0.0590%4h1.8091−0.017%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAP+0.0619%4h1.8093−0.006%$7.1M$17.6M20xas long as short
Aster PIEVERSEUSDT+0.0703%4h1.8088−0.033%$168K$239K5xas long as short
KuCoin PIEVERSEUSDTM+0.0814%4h1.8099+0.029%$13.8M$2.5M20xas long as short