Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.054%

Price spread now: Bitget against Gate+0.099%7-day average +0.131% · you sell dearer than you buy

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1301.297% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

Price spread, last 7 days−0.079%−$8 · spread now +0.099%, 7d avg +0.131%

Together, before fees+0.033%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.032% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.131%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PIEVERSE_USDT	1.8810	0.0100	pay 0.0100% / 8h	3h 59m	$8.6M	$3.3M	25x
Short	Bitget PIEVERSEUSDT	1.8829	0.0100	get 0.0050% / 4h	3h 59m	$4.1M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.099%Rate

Funding earned: $0
Price spread: +0.099% → +0.131%: −$3.18
Slippage, 4 orders: −$102.68
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$132.85
Costs to cover: 1.297%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 4 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 Gate live order book, 4 min ago	6.93 bp	28.0 bp −$28	3206.0 bp −$32.1K	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	5.30 bp	36.0 bp −$36	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	1.8795	−0.079%	$11.2M	$10.7M	20x	as long as short
Gate PIEVERSE_USDTlong	+0.0100%	8h	1.8810	long leg	$8.6M	$3.3M	25x
Bitget PIEVERSEUSDTshort	+0.0100%	4h	1.8829	+0.099%	$4.1M	$2.2M	10x
Variational Omni PIEVERSE	+0.0100%	4h	1.8889	+0.418%	$51K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8814	+0.021%	$1K	$686K	20x	as long as short
Extended PIEVERSE-USD	+0.0424%	1h	1.8820	+0.055%	$44K	$253K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0424%	4h	1.8810	0.000%	$2.6M	$838K	20x	as long as short
Binance PIEVERSEUSDT	+0.0424%	4h	1.8812	+0.011%	$22.3M	$27.2M	20x	as long as short
edgeX PIEVERSEUSDC	+0.0424%	4h	1.8868	+0.309%	$39K	$435K	10x	as long as short
BingX PIEVERSE-USDT	+0.0426%	4h	1.8837	+0.144%	—	$7.1M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PIEVERSE-USDT-SWAP	+0.0427%	4h	1.8835	+0.133%	$7.5M	$18.4M	20x	as long as short
BloFin PIEVERSE-USDT	+0.0482%	4h	1.8817	+0.037%	$1.1M	$2.4M	40x	as long as short
Aster PIEVERSEUSDT	+0.0789%	4h	1.8811	+0.007%	$172K	$245K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0830%	4h	1.8822	+0.062%	$14.3M	$2.4M	20x	as long as short