Funding arb · Price arb /

PIEVERSE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%

Price spread now: Bitget against SunX−0.033%7-day average +0.115% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

Price spread, last 4 days (all we have)+0.477%+$48 · spread now −0.033%, 7d avg +0.115%

Together, before fees+0.657%+$66 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.148% cheaper against SunX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PIEVERSE-USDT	1.8788	0.0100	pay 0.0050% / 4h	3h 52m	$1K	$687K	20x
Short	Bitget PIEVERSEUSDT	1.8782	0.0100	get 0.0050% / 4h	3h 52m	$4.1M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → +0.115%: −$14.77
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$34.77
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 28 min ago; Bitget: live order book, 5 min ago. Net counts fees only.

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 SunX live order book, 28 min ago	500.12 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	4.93 bp	29.9 bp −$30	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
Gate PIEVERSE_USDT	+0.0100%	8h	1.8733	−0.293%	$8.5M	$3.3M	25x	as long as short
Bitget PIEVERSEUSDTshort	+0.0100%	4h	1.8782	−0.033%	$4.1M	$2.1M	10x
Variational Omni PIEVERSE	+0.0100%	4h	1.8689	−0.526%	$50K	$11K	—	as long as short
SunX PIEVERSE-USDTlong	+0.0100%	4h	1.8788	long leg	$1K	$687K	20x
Bybit PIEVERSEUSDT	+0.0180%	4h	1.8764	−0.126%	$11.2M	$10.7M	20x	as long as short
BingX PIEVERSE-USDT	+0.0404%	4h	1.8795	+0.037%	—	$7.1M	—	as long as short
MEXC PIEVERSE_USDT	+0.0414%	4h	1.8805	+0.090%	$2.6M	$839K	20x	as long as short
Extended PIEVERSE-USD	+0.0416%	1h	1.8801	+0.071%	$44K	$253K	5x	as long as short
Binance PIEVERSEUSDT	+0.0416%	4h	1.8802	+0.074%	$22.3M	$27.2M	20x	as long as short
edgeX PIEVERSEUSDC	+0.0421%	4h	1.8711	−0.410%	$38K	$433K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PIEVERSE-USDT-SWAP	+0.0432%	4h	1.8802	+0.075%	$7.4M	$18.4M	20x	as long as short
BloFin PIEVERSE-USDT	+0.0462%	4h	1.8806	+0.096%	$1.1M	$2.4M	40x	as long as short
Aster PIEVERSEUSDT	+0.0768%	4h	1.8768	−0.107%	$172K	$241K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0822%	4h	1.8781	−0.035%	$14.3M	$2.4M	20x	as long as short