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

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0145%/8h= −15.8% APRnext payment $0.72 per $10,000 · paid last 24h +0.018%
Price spread now: OKX against Bitget−0.109%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1081.085% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 7 days+0.023%+$2 · spread now −0.109%, 7d avg −0.068%
Together, before fees−0.041%−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.042% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PIEVERSEUSDT1.83150.0280pay 0.0140% / 4h1h 20m$4.0M$2.9M10x
ShortOKX PIEVERSE-USDT-SWAP1.82950.0135get 0.0068% / 4h1h 20m$7.3M$21.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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
−$30.37
Price spread: −0.109% → −0.068%
−$4.16
Slippage, 4 orders
−$86.5
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$143.03
Costs to cover
1.085%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 3 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 Bitget live order book, 2 min ago2.31 bp30.2 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.63 bp21.2 bp −$21139.6 bp −$1,396doesn'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%8h1.8307−0.044%$8.3M$3.9M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8225−0.490%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8334+0.104%$2K$670K20xas long as short
OKX PIEVERSE-USDT-SWAPshort+0.0135%4h1.8295−0.109%$7.3M$21.3M20x
Bitget PIEVERSEUSDTlong+0.0280%4h1.8315long leg$4.0M$2.9M10x
Bybit PIEVERSEUSDT+0.0432%4h1.8289−0.142%$11.0M$12.2M20xas long as short
BingX PIEVERSE-USDT+0.0566%4h1.8305−0.055%$7.2Mas long as short
BloFin PIEVERSE-USDT+0.0571%4h1.8351+0.197%$1.1M$2.5M40xas long as short
edgeX PIEVERSEUSDC+0.0580%4h1.8266−0.267%$38K$439K10xas long as short
Binance PIEVERSEUSDT+0.0597%4h1.8299−0.087%$21.8M$31.1M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PIEVERSE-USD+0.0600%1h1.8305−0.055%$41K$160K5xas long as short
MEXC PIEVERSE_USDT+0.0600%4h1.8330+0.082%$2.5M$879K20xas long as short
Aster PIEVERSEUSDT+0.0608%4h1.8311−0.022%$170K$293K5xas long as short
KuCoin PIEVERSEUSDTM+0.0612%4h1.8361+0.253%$13.9M$2.9M20xas long as short