Settings8H · net · $10k
Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.002%
Price spread now: edgeX against Binance+0.109%50s7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$720.722% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 3 days (all we have)+0.299%+$30 · spread now +0.109%, 7d avg +0.081%
Together, before fees+0.301%+ Points / potential airdropedgeX: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.028% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.081%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PIEVERSEUSDT1.84070.0567pay 0.0283% / 4h3h 32m$21.9M$29.7M20x
ShortedgeX PIEVERSEUSDC1.84270.0576get 0.0288% / 4h3h 32m$38K$445K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$1.99
Price spread: +0.109% → +0.081%
$2.84
Slippage, 4 orders
−$53.23
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$67.4
Costs to cover
0.722%
Break-even
243.5 days
Slippage from Binance: live order book, 9 min ago; edgeX: live order book, 41 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, 9 min ago0.54 bp25.1 bp −$25204.7 bp −$2,047doesn't fitdoesn't fit
Sell edgeX live order book, 41 min ago4.60 bp12.8 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%8h1.8391−0.089%$8.4M$3.5M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8435+0.148%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8387−0.110%$1K$681K20xas long as short
Bitget PIEVERSEUSDT+0.0206%4h1.8421+0.076%$4.0M$2.6M10xas long as short
OKX PIEVERSE-USDT-SWAP+0.0333%4h1.8428+0.112%$7.4M$20.2M20xas long as short
BloFin PIEVERSE-USDT+0.0511%4h1.8396−0.062%$1.1M$2.4M40xas long as short
MEXC PIEVERSE_USDT+0.0566%4h1.8407−0.002%$2.5M$877K20xas long as short
Binance PIEVERSEUSDTlong+0.0567%4h1.8407long leg$21.9M$29.7M20x
Extended PIEVERSE-USD+0.0568%1h1.8416+0.046%$42K$238K5xas long as short
edgeX PIEVERSEUSDCshort+0.0576%4h1.8427+0.109%$38K$445K10x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PIEVERSEUSDT+0.0613%4h1.8415+0.040%$170K$289K5xas long as short
KuCoin PIEVERSEUSDTM+0.0764%4h1.8419+0.063%$14.0M$2.8M20xas long as short
BingX PIEVERSE-USDT+0.0794%4h1.8411+0.020%$7.2Mas long as short
Bybit PIEVERSEUSDT+0.0961%4h1.8407−0.003%$11.1M$11.7M20xas long as short