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+0.0475%/8h= +52.0% APRnext payment +$2.38 per $10,000 · paid last 24h +0.072%
Price spread now: Binance against OKX+0.036%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$900.897% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.495%+$50 on $10k
Price spread, last 7 days+0.088%+$9 · spread now +0.036%, 7d avg +0.067%
Together, before fees+0.583%+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.031% cheaper against OKX than usual: you would sell low and buy high (spread +0.036% now, against its 7-day average of +0.067%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.495% in total) that is about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PIEVERSE-USDT-SWAP1.83920.0100pay 0.0050% / 4h1h 58m$7.3M$21.5M20x
ShortBinance PIEVERSEUSDT1.83990.0575get 0.0288% / 4h1h 58m$21.9M$31.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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
$99.81
Price spread: +0.036% → +0.067%
−$3.1
Slippage, 4 orders
−$69.68
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$7.02
Costs to cover
0.897%
Break-even
6.5 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 13 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 OKX live order book, 5 min ago0.54 bp23.4 bp −$23157.5 bp −$1,575doesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.54 bp22.8 bp −$23135.2 bp −$1,352doesn'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
OKX PIEVERSE-USDT-SWAPlong+0.0100%4h1.8392long leg$7.3M$21.5M20x
Gate PIEVERSE_USDT+0.0100%8h1.8374−0.098%$8.3M$3.8M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8368−0.132%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8342−0.272%$2K$664K20xas long as short
Bitget PIEVERSEUSDT+0.0246%4h1.8388−0.022%$4.0M$2.9M10xas long as short
KuCoin PIEVERSEUSDTM+0.0536%4h1.8390−0.010%$13.8M$2.9M20xas long as short
edgeX PIEVERSEUSDC+0.0564%4h1.8395+0.015%$38K$440K10xas long as short
Bybit PIEVERSEUSDT+0.0573%4h1.8374−0.096%$11.1M$12.1M20xas long as short
Binance PIEVERSEUSDTshort+0.0575%4h1.8399+0.036%$21.9M$31.2M20x
Aster PIEVERSEUSDT+0.0577%4h1.8379−0.071%$172K$292K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PIEVERSE_USDT+0.0582%4h1.8394+0.011%$2.5M$872K20xas long as short
Extended PIEVERSE-USD+0.0584%1h1.8386−0.031%$41K$160K5xas long as short
BloFin PIEVERSE-USDT+0.0609%4h1.8384−0.043%$1.1M$2.5M40xas long as short
BingX PIEVERSE-USDT+0.0632%4h1.8396+0.022%$7.2Mas long as short