Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0385%/8h= −42.1% APRpaid last 24h −0.163%

Price spread now: Gate against edgeX−0.123%7-day average −0.221% · you buy dearer than you sell

Net, funding: paid 7d − costs−$146as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$890.886% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.575%−$57 on $10k

Price spread, last 4 days (all we have)−0.650%−$65 · spread now −0.123%, 7d avg −0.221%

Together, before fees−1.225%+ Points / potential airdropedgeX: Active · farm board−$123 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.098% dearer against edgeX than usual: you sell high and buy low (spread −0.123% now, against its 7-day average of −0.221%): +$10 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX PIEVERSEUSDC	1.8156	0.0485	pay 0.0242% / 4h	2h 53m	$37K	$434K	10x
Short	Gate PIEVERSE_USDT	1.8134	0.0100	get 0.0100% / 8h	2h 53m	$8.3M	$3.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee GatebpOrdersPrice spread, now −0.123%Rate

Funding earned: −$80.83
Price spread: −0.123% → −0.221%: $9.76
Slippage, 4 orders: −$64.59
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$159.65
Costs to cover: 0.886%
Break-even: never at this rate

Slippage from edgeX: live order book, 60 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 60 min ago	4.79 bp	12.6 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	6.35 bp	34.4 bp −$34	doesn't fit	doesn't fit	doesn't fit

PIEVERSE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit PIEVERSEUSDT	+0.0100%	4h	1.8156	−0.001%	$10.9M	$10.7M	20x	as long as short
Gate PIEVERSE_USDTshort	+0.0100%	8h	1.8134	−0.123%	$8.3M	$3.4M	25x
Variational Omni PIEVERSE	+0.0100%	4h	1.8162	+0.033%	$49K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8142	−0.079%	$2K	$694K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0102%	4h	1.8166	+0.055%	$3.9M	$2.1M	10x	as long as short
BloFin PIEVERSE-USDT	+0.0467%	4h	1.8142	−0.079%	$1.1M	$2.3M	40x	as long as short
Binance PIEVERSEUSDT	+0.0471%	4h	1.8161	+0.025%	$21.5M	$27.1M	20x	as long as short
Extended PIEVERSE-USD	+0.0472%	1h	1.8163	+0.034%	$42K	$212K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0472%	4h	1.8164	+0.042%	$2.5M	$809K	20x	as long as short
edgeX PIEVERSEUSDClong	+0.0485%	4h	1.8156	long leg	$37K	$434K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIEVERSE-USDT	+0.0492%	4h	1.8162	+0.031%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0530%	4h	1.8169	+0.069%	$7.2M	$17.6M	20x	as long as short
Aster PIEVERSEUSDT	+0.0708%	4h	1.8151	−0.030%	$167K	$239K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0832%	4h	1.8151	−0.032%	$13.8M	$2.4M	20x	as long as short