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−0.0030%/8h= −3.3% APRnext payment $0.15 per $10,000 · paid last 24h +0.132%
Price spread now: Aster against KuCoin−0.231%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.486%+$49 on $10k
Price spread, last 4 days (all we have)−0.855%−$86 · spread now −0.231%, 7d avg −0.054%
Together, before fees−0.369%+ Points / potential airdropAster: Stage 5 · farm board−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.177% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.054%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.486%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PIEVERSEUSDTM1.84920.0656pay 0.0328% / 4h1h 05m$14.0M$2.9M20x
ShortAster PIEVERSEUSDT1.84490.0626get 0.0313% / 4h1h 05m$171K$292K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
−$6.4
Price spread: −0.231% → −0.054%
−$17.67
Slippage, 4 orders
−$81.36
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$125.43
Costs to cover
1.014%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Aster: live order book, 12 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 KuCoin live order book, 3 min ago8.45 bp32.8 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 12 min ago3.81 bp18.5 bp −$19doesn'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%8h1.8463−0.157%$8.4M$3.9M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8426−0.357%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8468−0.130%$2K$673K20xas long as short
OKX PIEVERSE-USDT-SWAP+0.0197%4h1.8485−0.038%$7.3M$21.6M20xas long as short
Bitget PIEVERSEUSDT+0.0294%4h1.8482−0.054%$4.0M$2.9M10xas long as short
Bybit PIEVERSEUSDT+0.0514%4h1.8476−0.087%$11.2M$12.2M20xas long as short
BingX PIEVERSE-USDT+0.0556%4h1.8487−0.028%$7.2Mas long as short
MEXC PIEVERSE_USDT+0.0590%4h1.8487−0.028%$2.5M$883K20xas long as short
Binance PIEVERSEUSDT+0.0592%4h1.84920.000%$22.0M$31.1M20xas long as short
Extended PIEVERSE-USD+0.0592%1h1.8486−0.031%$41K$160K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX PIEVERSEUSDC+0.0601%4h1.8416−0.411%$38K$441K10xas long as short
BloFin PIEVERSE-USDT+0.0624%4h1.8489−0.017%$1.1M$2.5M40xas long as short
Aster PIEVERSEUSDTshort+0.0626%4h1.8449−0.231%$171K$292K5x
KuCoin PIEVERSEUSDTMlong+0.0656%4h1.8492long leg$14.0M$2.9M20x