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−0.0473%/8h= −51.8% APRnext payment $2.37 per $10,000 · paid last 24h −0.073%
Price spread now: SunX against Bybit−0.247%46s7-day average −0.079% · 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−0.354%−$35 on $10k
Price spread, last 3 days (all we have)+0.027%+$3 · spread now −0.247%, 7d avg −0.079%
Together, before fees−0.327%−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and SunX is 0.168% cheaper against Bybit than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.079%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PIEVERSEUSDT1.83870.0573pay 0.0287% / 4h1h 58m$11.1M$12.1M20x
ShortSunX PIEVERSE-USDT1.83420.0100get 0.0050% / 4h1h 58m$2K$664K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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
−$99.38
Price spread: −0.247% → −0.079%
−$16.77
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$135.15
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; SunX: live order book, 13 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 Bybit live order book, 5 min ago1.90 bp56.9 bp −$57346.3 bp −$3,463doesn't fitdoesn't fit
Sell SunX live order book, 13 min ago496.68 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
OKX PIEVERSE-USDT-SWAP+0.0100%4h1.8420+0.177%$7.3M$21.5M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8376−0.062%$8.3M$3.8M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8368−0.107%$49K$10Kas long as short
SunX PIEVERSE-USDTshort+0.0100%4h1.8342−0.247%$2K$664K20x
Bitget PIEVERSEUSDT+0.0246%4h1.8427+0.215%$4.0M$2.9M10xas long as short
KuCoin PIEVERSEUSDTM+0.0536%4h1.8390+0.015%$13.8M$2.9M20xas long as short
edgeX PIEVERSEUSDC+0.0564%4h1.8395+0.040%$38K$440K10xas long as short
Bybit PIEVERSEUSDTlong+0.0573%4h1.8387long leg$11.1M$12.1M20x
Binance PIEVERSEUSDT+0.0575%4h1.8406+0.101%$21.9M$31.2M20xas long as short
Aster PIEVERSEUSDT+0.0577%4h1.8379−0.046%$172K$292K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PIEVERSE_USDT+0.0582%4h1.8394+0.036%$2.5M$872K20xas long as short
Extended PIEVERSE-USD+0.0584%1h1.8395+0.042%$41K$160K5xas long as short
BloFin PIEVERSE-USDT+0.0609%4h1.8384−0.018%$1.1M$2.5M40xas long as short
BingX PIEVERSE-USDT+0.0632%4h1.8396+0.047%$7.2Mas long as short