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

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0178%/8h= +19.5% APRnext payment +$0.89 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against edgeX+0.208%98s7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$850.853% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.192%+$19 on $10k
Price spread, last 3 days (all we have)−0.687%−$69 · spread now +0.208%, 7d avg −0.132%
Together, before fees−0.494%+ Points / potential airdropedgeX: Active · farm board−$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.340% dearer against edgeX than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.132%. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX PIEVERSEUSDC1.83640.0544pay 0.0272% / 4h37m 59s$38K$441K10x
ShortKuCoin PIEVERSEUSDTM1.84020.0722get 0.0361% / 4h37m 59s$14.0M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
$37.43
Price spread: +0.208% → −0.132%
$34.04
Slippage, 4 orders
−$64.34
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$13.87
Costs to cover
0.853%
Break-even
9.6 days
Slippage from edgeX: live order book, 41 min ago; KuCoin: live order book, 6 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 edgeX live order book, 41 min ago4.63 bp13.2 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago10.32 bp31.9 bp −$32doesn'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%8h1.8371+0.039%$8.3M$3.8M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8340−0.128%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8374+0.056%$2K$676K20xas long as short
OKX PIEVERSE-USDT-SWAP+0.0254%4h1.8395+0.170%$7.3M$21.4M20xas long as short
Bitget PIEVERSEUSDT+0.0302%4h1.8404+0.218%$4.0M$2.9M10xas long as short
Bybit PIEVERSEUSDT+0.0442%4h1.8378+0.077%$11.1M$12.3M20xas long as short
BingX PIEVERSE-USDT+0.0540%4h1.8388+0.132%$7.2Mas long as short
edgeX PIEVERSEUSDClong+0.0544%4h1.8364long leg$38K$441K10x
MEXC PIEVERSE_USDT+0.0568%4h1.8394+0.165%$2.5M$877K20xas long as short
Binance PIEVERSEUSDT+0.0572%4h1.8394+0.165%$21.8M$31.1M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PIEVERSE-USD+0.0576%1h1.8388+0.131%$41K$160K5xas long as short
Aster PIEVERSEUSDT+0.0605%4h1.8399+0.192%$170K$291K5xas long as short
BloFin PIEVERSE-USDT+0.0615%4h1.8404+0.219%$1.1M$2.5M40xas long as short
KuCoin PIEVERSEUSDTMshort+0.0722%4h1.8402+0.208%$14.0M$2.9M20x