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+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.059%
Price spread now: BingX against Binance−0.006%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$980.976% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.224%−$22 on $10k
Price spread, last 7 days−0.085%−$9 · spread now −0.006%, 7d avg −0.015%
Together, before fees−0.310%−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.224%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PIEVERSEUSDT1.81610.0471pay 0.0236% / 4h2h 52m$21.5M$27.1M20x
ShortBingX PIEVERSE-USDT1.81600.0492get 0.0246% / 4h2h 52m$7.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$4.38
Price spread: −0.006% → −0.015%
$0.92
Slippage, 4 orders
−$77.65
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$92.34
Costs to cover
0.976%
Break-even
154.7 days
Slippage from Binance: live order book, 3 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 Binance live order book, 3 min ago0.28 bp23.1 bp −$23190.5 bp −$1,905doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago2.20 bp23.2 bp −$2391.5 bp −$915916.5 bp −$91.7K1251.0 bp −$625.5K

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%4h1.8154−0.039%$10.9M$10.7M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8133−0.154%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8162+0.007%$49K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8141−0.110%$2K$694K20xas long as short
Bitget PIEVERSEUSDT+0.0102%4h1.8166+0.030%$3.9M$2.1M10xas long as short
BloFin PIEVERSE-USDT+0.0448%4h1.8169+0.044%$1.1M$2.3M40xas long as short
Binance PIEVERSEUSDTlong+0.0471%4h1.8161long leg$21.5M$27.1M20x
Extended PIEVERSE-USD+0.0472%1h1.8161−0.002%$42K$212K5xas long as short
MEXC PIEVERSE_USDT+0.0472%4h1.8165+0.022%$2.5M$809K20xas long as short
edgeX PIEVERSEUSDC+0.0485%4h1.8156−0.025%$37K$434K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDTshort+0.0492%4h1.8160−0.006%$7.1M
OKX PIEVERSE-USDT-SWAP+0.0530%4h1.8166+0.028%$7.2M$17.6M20xas long as short
Aster PIEVERSEUSDT+0.0708%4h1.8151−0.055%$167K$239K5xas long as short
KuCoin PIEVERSEUSDTM+0.0832%4h1.8151−0.056%$13.8M$2.4M20xas long as short