Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0371%/8h= +40.6% APRpaid last 24h +0.165%

Price spread now: BloFin against Gate+0.281%7-day average +0.219% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$1061.063% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.565%+$56 on $10k

Price spread, last 4 days (all we have)−0.403%−$40 · spread now +0.281%, 7d avg +0.219%

Together, before fees+0.162%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.062% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.219%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PIEVERSE_USDT	1.8147	0.0100	pay 0.0100% / 8h	2h 35m	$8.3M	$3.4M	25x
Short	BloFin PIEVERSE-USDT	1.8198	0.0471	get 0.0235% / 4h	2h 35m	$1.1M	$2.3M	40x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.281%Rate

Funding earned: $77.83
Price spread: +0.281% → +0.219%: $6.2
Slippage, 4 orders: −$79.31
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$22.28
Costs to cover: 1.063%
Break-even: 9.0 days

Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago	5.52 bp	31.1 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	0.28 bp	21.3 bp −$21	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	1.8184	+0.204%	$10.9M	$10.6M	20x	as long as short
Gate PIEVERSE_USDTlong	+0.0100%	8h	1.8147	long leg	$8.3M	$3.4M	25x
Variational Omni PIEVERSE	+0.0100%	4h	1.8149	+0.012%	$48K	$11K	—	as long as short
SunX PIEVERSE-USDT	+0.0100%	4h	1.8151	+0.022%	$2K	$696K	20x	as long as short
Bitget PIEVERSEUSDT	+0.0152%	4h	1.8190	+0.238%	$3.9M	$2.1M	10x	as long as short
BloFin PIEVERSE-USDTshort	+0.0471%	4h	1.8198	+0.281%	$1.1M	$2.3M	40x
MEXC PIEVERSE_USDT	+0.0478%	4h	1.8172	+0.138%	$2.5M	$816K	20x	as long as short
Extended PIEVERSE-USD	+0.0480%	1h	1.8190	+0.235%	$39K	$209K	5x	as long as short
Binance PIEVERSEUSDT	+0.0480%	4h	1.8190	+0.239%	$21.5M	$27.1M	20x	as long as short
edgeX PIEVERSEUSDC	+0.0501%	4h	1.8152	+0.029%	$37K	$431K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX PIEVERSE-USDT	+0.0534%	4h	1.8177	+0.165%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0580%	4h	1.8203	+0.309%	$7.2M	$17.7M	20x	as long as short
Aster PIEVERSEUSDT	+0.0706%	4h	1.8164	+0.094%	$168K	$240K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0850%	4h	1.8178	+0.170%	$13.9M	$2.4M	20x	as long as short