Funding arb · Price arb /

PIEVERSE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.004%

Price spread now: MEXC against Extended+0.076%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$1231.229% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.076%, 7d avg −0.011%

Together, before fees+0.002%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.087% dearer against Extended than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PIEVERSE-USD	1.8170	0.0512	pay 0.0064% / 1h	37m 06s	$40K	$264K	5x
Short	MEXC PIEVERSE_USDT	1.8184	0.0510	get 0.0255% / 4h	37m 06s	$2.6M	$814K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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 ExtendedbpFee MEXCbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$0.42
Price spread: +0.076% → −0.011%: $8.66
Slippage, 4 orders: −$113.86
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$114.62
Costs to cover: 1.229%
Break-even: never at this rate

Slippage from Extended: live order book, 64 min ago; MEXC: live order book, 5 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 Extended live order book, 64 min ago	1.87 bp	28.6 bp −$29	408.6 bp −$4,086	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.28 bp	7.7 bp −$8	60.0 bp −$600	463.1 bp −$46.3K	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	1.8167	−0.020%	$10.9M	$10.3M	20x	as long as short
Gate PIEVERSE_USDT	+0.0100%	8h	1.8150	−0.111%	$8.3M	$3.3M	25x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8160	−0.056%	$47K	$12K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8157	−0.073%	$1K	$712K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0124%	4h	1.8182	+0.067%	$3.9M	$2.1M	10x	as long as short
BloFin PIEVERSE-USDT	+0.0480%	4h	1.8187	+0.093%	$1.1M	$2.3M	40x	as long as short
MEXC PIEVERSE_USDTshort	+0.0510%	4h	1.8184	+0.076%	$2.6M	$814K	20x
Binance PIEVERSEUSDT	+0.0511%	4h	1.8181	+0.059%	$21.5M	$26.8M	20x	as long as short
Extended PIEVERSE-USDlong	+0.0512%	1h	1.8170	long leg	$40K	$264K	5x
edgeX PIEVERSEUSDC	+0.0515%	4h	1.8188	+0.096%	$37K	$433K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIEVERSE-USDT	+0.0572%	4h	1.8176	+0.032%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0603%	4h	1.8176	+0.032%	$7.2M	$17.0M	20x	as long as short
Aster PIEVERSEUSDT	+0.0645%	4h	1.8172	+0.010%	$169K	$231K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0800%	4h	1.8183	+0.072%	$13.9M	$2.4M	20x	as long as short