Funding arb · Price arb /

PIEVERSE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Gate−0.022%7-day average +0.024% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.022%, 7d avg +0.024%

Together, before fees+0.057%+$6 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: SunX is 0.046% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PIEVERSE_USDT	1.8014	0.0100	pay 0.0100% / 8h	1h 05m	$8.3M	$3.4M	25x
Short	SunX PIEVERSE-USDT	1.8010	0.0100	get 0.0050% / 4h	1h 05m	$2K	$713K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.022%Rate

Funding earned: $0
Price spread: −0.022% → +0.024%: −$4.63
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$27.63
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; SunX: live order book, 56 min ago. Net counts fees only.

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	4.71 bp	34.4 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 56 min ago	500.18 bp	doesn't fit	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	1.8027	+0.069%	$10.8M	$10.7M	20x	as long as short
Gate PIEVERSE_USDTlong	+0.0100%	8h	1.8014	long leg	$8.3M	$3.4M	25x
Variational Omni PIEVERSE	+0.0100%	4h	1.8014	−0.002%	$47K	$12K	—	as long as short
SunX PIEVERSE-USDTshort	+0.0100%	4h	1.8010	−0.022%	$2K	$713K	20x
Bitget PIEVERSEUSDT	+0.0174%	4h	1.8051	+0.207%	$3.9M	$2.2M	10x	as long as short
Binance PIEVERSEUSDT	+0.0533%	4h	1.8047	+0.182%	$21.4M	$27.4M	20x	as long as short
Extended PIEVERSE-USD	+0.0536%	1h	1.8040	+0.144%	$43K	$197K	5x	as long as short
MEXC PIEVERSE_USDT	+0.0538%	4h	1.8045	+0.172%	$2.5M	$825K	20x	as long as short
BloFin PIEVERSE-USDT	+0.0546%	4h	1.8052	+0.211%	$1.1M	$2.3M	40x	as long as short
edgeX PIEVERSEUSDC	+0.0560%	4h	1.8052	+0.214%	$37K	$433K	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	+0.0592%	4h	1.8044	+0.167%	—	$7.1M	—	as long as short
OKX PIEVERSE-USDT-SWAP	+0.0620%	4h	1.8045	+0.172%	$7.1M	$17.5M	20x	as long as short
Aster PIEVERSEUSDT	+0.0695%	4h	1.8015	+0.007%	$168K	$239K	5x	as long as short
KuCoin PIEVERSEUSDTM	+0.0818%	4h	1.8041	+0.151%	$13.8M	$2.4M	20x	as long as short