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+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin+0.250%111s7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$910.908% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 3 days (all we have)+0.531%+$53 · spread now +0.250%, 7d avg −0.084%
Together, before fees+0.544%+$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.334% dearer against BloFin than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.084%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PIEVERSE-USDT1.83910.0530pay 0.0265% / 4h2h 03m$1.1M$2.5M40x
ShortBinance PIEVERSEUSDT1.84370.0573get 0.0287% / 4h2h 03m$21.9M$31.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$9.02
Price spread: +0.250% → −0.084%
$33.44
Slippage, 4 orders
−$68.77
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$48.31
Costs to cover
0.908%
Break-even
44.5 days
Slippage from BloFin: live order book, 5 min ago; Binance: live order book, 8 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 BloFin live order book, 5 min ago0.54 bp23.5 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.54 bp22.8 bp −$23135.2 bp −$1,352doesn'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
OKX PIEVERSE-USDT-SWAP+0.0100%4h1.8429+0.207%$7.3M$21.6M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8384−0.038%$8.3M$3.9M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8393+0.012%$49K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8372−0.103%$2K$663K20xas long as short
Bitget PIEVERSEUSDT+0.0244%4h1.8436+0.245%$4.0M$2.9M10xas long as short
BloFin PIEVERSE-USDTlong+0.0530%4h1.8391long leg$1.1M$2.5M40x
KuCoin PIEVERSEUSDTM+0.0544%4h1.8421+0.165%$13.8M$2.9M20xas long as short
edgeX PIEVERSEUSDC+0.0559%4h1.8395+0.021%$38K$439K10xas long as short
MEXC PIEVERSE_USDT+0.0572%4h1.8434+0.234%$2.5M$885K20xas long as short
Binance PIEVERSEUSDTshort+0.0573%4h1.8437+0.250%$21.9M$31.2M20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended PIEVERSE-USD+0.0576%1h1.8424+0.179%$41K$160K5xas long as short
Aster PIEVERSEUSDT+0.0579%4h1.8399+0.043%$172K$291K5xas long as short
Bybit PIEVERSEUSDT+0.0678%4h1.8400+0.049%$11.2M$12.1M20xas long as short
BingX PIEVERSE-USDT+0.0694%4h1.8428+0.201%$7.2Mas long as short