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+0.0494%/8h= +54.1% APRnext payment +$2.47 per $10,000 · paid last 24h +0.073%
Price spread now: edgeX against OKX−0.207%91s7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$740.743% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.497%+$50 on $10k
Price spread, last 3 days (all we have)+0.900%+$90 · spread now −0.207%, 7d avg +0.046%
Together, before fees+1.397%+ Points / potential airdropedgeX: Active · farm board+$140 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.253% cheaper against OKX than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of +0.046%). If the spread goes back, that is −$25 on $10k: about 41 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.497% in total) that is about 3.6 days. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PIEVERSE-USDT-SWAP1.84550.0120pay 0.0060% / 4h1h 48m$7.3M$21.5M20x
ShortedgeX PIEVERSEUSDC1.84170.0614get 0.0307% / 4h1h 48m$38K$439K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$103.75
Price spread: −0.207% → +0.046%
−$25.29
Slippage, 4 orders
−$55.27
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$4.19
Costs to cover
0.743%
Break-even
6.7 days
Slippage from OKX: live order book, just now; edgeX: live order book, 35 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, just now0.54 bp23.5 bp −$24154.4 bp −$1,544doesn't fitdoesn't fit
Sell edgeX live order book, 35 min ago4.61 bp13.1 bp −$13doesn'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%8h1.8422−0.179%$8.4M$3.8M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8411−0.236%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8420−0.190%$1K$666K20xas long as short
OKX PIEVERSE-USDT-SWAPlong+0.0120%4h1.8455long leg$7.3M$21.5M20x
Bitget PIEVERSEUSDT+0.0268%4h1.8459+0.022%$4.0M$2.9M10xas long as short
KuCoin PIEVERSEUSDTM+0.0586%4h1.8439−0.088%$14.0M$2.9M20xas long as short
Bybit PIEVERSEUSDT+0.0586%4h1.8436−0.103%$11.1M$12.1M20xas long as short
MEXC PIEVERSE_USDT+0.0590%4h1.8444−0.060%$2.5M$874K20xas long as short
Extended PIEVERSE-USD+0.0592%1h1.8448−0.039%$41K$160K5xas long as short
Binance PIEVERSEUSDT+0.0595%4h1.8445−0.054%$22.0M$31.1M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PIEVERSE-USDT+0.0601%4h1.8422−0.179%$1.1M$2.5M40xas long as short
BingX PIEVERSE-USDT+0.0602%4h1.8444−0.060%$7.2Mas long as short
Aster PIEVERSEUSDT+0.0607%4h1.8419−0.195%$172K$290K5xas long as short
edgeX PIEVERSEUSDCshort+0.0614%4h1.8417−0.207%$38K$439K10x