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+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h −0.061%
Price spread now: OKX against Binance+0.044%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$930.935% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.506%−$51 on $10k
Price spread, last 7 days−0.142%−$14 · spread now +0.044%, 7d avg −0.062%
Together, before fees−0.647%−$65 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.105% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.062%. Mind the row above: over the last 7 days funding on this pair cost −0.506%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PIEVERSEUSDT1.81020.0430pay 0.0215% / 4h3h 23m$21.4M$27.1M20x
ShortOKX PIEVERSE-USDT-SWAP1.81100.0502get 0.0251% / 4h3h 23m$7.1M$17.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$15.22
Price spread: +0.044% → −0.062%
$10.54
Slippage, 4 orders
−$73.5
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$67.74
Costs to cover
0.935%
Break-even
38.1 days
Slippage from Binance: live order book, 3 min ago; OKX: 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 ago0.82 bp21.4 bp −$21205.2 bp −$2,052doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago0.55 bp24.7 bp −$25133.1 bp −$1,331doesn'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%8h1.8090−0.067%$8.3M$3.4M25xas long as short
Bitget PIEVERSEUSDT+0.0100%4h1.8112+0.055%$3.9M$2.1M10xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8146+0.241%$49K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8125+0.126%$1K$692K20xas long as short
MEXC PIEVERSE_USDT+0.0426%4h1.8111+0.049%$2.5M$849K20xas long as short
Binance PIEVERSEUSDTlong+0.0430%4h1.8102long leg$21.4M$27.1M20x
Extended PIEVERSE-USD+0.0432%1h1.8104+0.012%$40K$257K5xas long as short
edgeX PIEVERSEUSDC+0.0437%4h1.8186+0.464%$37K$433K10xas long as short
BloFin PIEVERSE-USDT+0.0440%4h1.8110+0.044%$1.1M$2.3M40xas long as short
Bybit PIEVERSEUSDT+0.0477%4h1.8097−0.028%$10.8M$10.6M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PIEVERSE-USDT-SWAPshort+0.0502%4h1.8110+0.044%$7.1M$17.7M20x
BingX PIEVERSE-USDT+0.0610%4h1.8102−0.001%$7.1Mas long as short
Aster PIEVERSEUSDT+0.0718%4h1.8103+0.008%$166K$239K5xas long as short
KuCoin PIEVERSEUSDTM+0.0796%4h1.8115+0.073%$13.8M$2.4M20xas long as short