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−0.0510%/8h= −55.8% APRnext payment $2.55 per $10,000 · paid last 24h −0.101%
Price spread now: SunX against BingX−0.110%7-day average −0.160% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.415%−$42 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.110%, 7d avg −0.160%
Together, before fees−0.421%−$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.050% dearer against BingX than usual: you sell high and buy low (spread −0.110% now, against its 7-day average of −0.160%): +$5 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.415% in total) that is about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PIEVERSE-USDT1.81940.0610pay 0.0305% / 4h3h 27m$7.1M
ShortSunX PIEVERSE-USDT1.81740.0100get 0.0050% / 4h3h 27m$1K$691K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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
−$107.1
Price spread: −0.110% → −0.160%
$5.03
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$120.07
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 10 min ago; SunX: live order book, 54 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago3.57 bp26.6 bp −$2797.2 bp −$972doesn't fitdoesn't fit
Sell SunX live order book, 54 min ago500.12 bpdoesn't fitdoesn'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%8h1.8166−0.154%$8.3M$3.4M25xas long as short
Bitget PIEVERSEUSDT+0.0100%4h1.8209+0.081%$3.9M$2.1M10xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8233+0.213%$49K$11Kas long as short
SunX PIEVERSE-USDTshort+0.0100%4h1.8174−0.110%$1K$691K20x
Extended PIEVERSE-USD+0.0416%1h1.8195+0.007%$40K$257K5xas long as short
MEXC PIEVERSE_USDT+0.0418%4h1.8190−0.022%$2.5M$848K20xas long as short
Binance PIEVERSEUSDT+0.0419%4h1.8195+0.005%$21.5M$27.1M20xas long as short
edgeX PIEVERSEUSDC+0.0420%4h1.8170−0.133%$37K$432K10xas long as short
BloFin PIEVERSE-USDT+0.0474%4h1.8166−0.154%$1.1M$2.4M40xas long as short
OKX PIEVERSE-USDT-SWAP+0.0480%4h1.8192−0.011%$7.2M$17.7M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PIEVERSEUSDT+0.0594%4h1.8177−0.093%$10.9M$10.6M20xas long as short
BingX PIEVERSE-USDTlong+0.0610%4h1.8194long leg$7.1M
Aster PIEVERSEUSDT+0.0716%4h1.8182−0.066%$166K$239K5xas long as short
KuCoin PIEVERSEUSDTM+0.0786%4h1.8190−0.023%$13.8M$2.4M20xas long as short