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+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h −0.060%
Price spread now: BingX against MEXC−0.055%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$770.771% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.225%−$22 on $10k
Price spread, last 7 days−0.031%−$3 · spread now −0.055%, 7d avg −0.013%
Together, before fees−0.255%−$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.042% cheaper against MEXC than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.013%). If the spread goes back, that is −$4 on $10k: about 46 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.225%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PIEVERSE_USDT1.81450.0492pay 0.0246% / 4h1h 47m$2.6M$818K20x
ShortBingX PIEVERSE-USDT1.81350.0564get 0.0282% / 4h1h 47m$7.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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
$15.12
Price spread: −0.055% → −0.013%
−$4.16
Slippage, 4 orders
−$63.11
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$66.15
Costs to cover
0.771%
Break-even
37.6 days
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 5 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 MEXC live order book, 4 min ago0.55 bp19.2 bp −$1973.3 bp −$733388.3 bp −$38.8Kdoesn't fit
Sell BingX live order book, 5 min ago2.76 bp26.1 bp −$26104.0 bp −$1,040944.7 bp −$94.5K1277.1 bp −$638.6K

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%4h1.8133−0.064%$10.9M$10.7M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8116−0.160%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8152+0.039%$48K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8130−0.083%$2K$703K20xas long as short
Bitget PIEVERSEUSDT+0.0170%4h1.8151+0.034%$3.9M$2.1M10xas long as short
BloFin PIEVERSE-USDT+0.0458%4h1.7968−0.975%$1.1M$2.3M40xas long as short
MEXC PIEVERSE_USDTlong+0.0492%4h1.8145long leg$2.6M$818K20x
Extended PIEVERSE-USD+0.0496%1h1.8103−0.234%$41K$207K5xas long as short
edgeX PIEVERSEUSDC+0.0497%4h1.8027−0.649%$37K$433K10xas long as short
Binance PIEVERSEUSDT+0.0511%4h1.8142−0.017%$21.4M$27.4M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDTshort+0.0564%4h1.8135−0.055%$7.1M
OKX PIEVERSE-USDT-SWAP+0.0595%4h1.8135−0.055%$7.2M$17.6M20xas long as short
Aster PIEVERSEUSDT+0.0686%4h1.8116−0.160%$168K$240K5xas long as short
KuCoin PIEVERSEUSDTM+0.0836%4h1.8112−0.181%$13.8M$2.4M20xas long as short