Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0379%/8h= +41.5% APRpaid last 24h +0.163%

Price spread now: edgeX against Gate+0.289%7-day average +0.221% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$910.908% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.575%+$57 on $10k

Price spread, last 4 days (all we have)+3.088%+$309 · spread now +0.289%, 7d avg +0.221%

Together, before fees+3.663%+ Points / potential airdropedgeX: Active · farm board+$366 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.067% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.221%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PIEVERSE_USDT	1.8185	0.0100	pay 0.0100% / 8h	20m 46s	$8.3M	$3.3M	25x
Short	edgeX PIEVERSEUSDC	1.8237	0.0479	get 0.0239% / 4h	20m 46s	$37K	$434K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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 GatebpFee edgeXbpOrdersPrice spread, now +0.289%Rate

Funding earned: $79.59
Price spread: +0.289% → +0.221%: $6.74
Slippage, 4 orders: −$66.76
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$4.43
Costs to cover: 0.908%
Break-even: 7.4 days

Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 18 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 Gate live order book, 3 min ago	5.49 bp	29.1 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 18 min ago	4.40 bp	12.8 bp −$13	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	1.8195	+0.056%	$10.9M	$10.3M	20x	as long as short
Gate PIEVERSE_USDTlong	+0.0100%	8h	1.8185	long leg	$8.3M	$3.3M	25x
Bitget PIEVERSEUSDT	+0.0100%	4h	1.8225	+0.218%	$4.0M	$2.1M	10x	as long as short
Variational Omni PIEVERSE	+0.0100%	4h	1.8202	+0.092%	$47K	$12K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8199	+0.077%	$1K	$713K	20x	as long as short
BloFin PIEVERSE-USDT	+0.0440%	4h	1.8219	+0.187%	$1.1M	$2.3M	40x	as long as short
Binance PIEVERSEUSDT	+0.0475%	4h	1.8212	+0.148%	$21.6M	$26.6M	20x	as long as short
edgeX PIEVERSEUSDCshort	+0.0479%	4h	1.8237	+0.289%	$37K	$434K	10x
Extended PIEVERSE-USD	+0.0480%	1h	1.8201	+0.089%	$42K	$264K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0480%	4h	1.8207	+0.121%	$2.6M	$817K	20x	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	+0.0532%	4h	1.8213	+0.154%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0547%	4h	1.8204	+0.104%	$7.2M	$16.9M	20x	as long as short
Aster PIEVERSEUSDT	+0.0599%	4h	1.8217	+0.178%	$170K	$230K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0768%	4h	1.8214	+0.158%	$13.9M	$2.3M	20x	as long as short