Settings8H · net · $10k
Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0620%/8h= −67.9% APRnext payment $3.10 per $10,000 · paid last 24h −0.164%
Price spread now: Bitget against KuCoin+0.018%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.712%−$71 on $10k
Price spread, last 7 days+0.067%+$7 · spread now +0.018%, 7d avg +0.061%
Together, before fees−0.645%−$64 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Bitget is 0.043% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PIEVERSEUSDTM1.82340.0720pay 0.0360% / 4h3h 30m$13.9M$2.3M20x
ShortBitget PIEVERSEUSDT1.82380.0100get 0.0050% / 4h3h 30m$4.0M$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
−$130.2
Price spread: +0.018% → +0.061%
−$4.3
Slippage, 4 orders
−$81.36
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$239.86
Costs to cover
1.054%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 8 min ago8.66 bp24.7 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago5.08 bp22.0 bp −$22doesn'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
Gate PIEVERSE_USDT+0.0100%8h1.8195−0.216%$8.4M$3.2M25xas long as short
Bitget PIEVERSEUSDTshort+0.0100%4h1.8238+0.018%$4.0M$2.0M10x
Variational Omni PIEVERSE+0.0100%4h1.8255+0.113%$47K$12Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8197−0.205%$1K$714K20xas long as short
BloFin PIEVERSE-USDT+0.0410%4h1.8220−0.078%$1.1M$2.3M40xas long as short
Extended PIEVERSE-USD+0.0440%1h1.8235+0.002%$44K$261K5xas long as short
Bybit PIEVERSEUSDT+0.0443%4h1.8221−0.073%$10.9M$9.9M20xas long as short
Binance PIEVERSEUSDT+0.0443%4h1.8248+0.077%$21.6M$26.0M20xas long as short
MEXC PIEVERSE_USDT+0.0448%4h1.8242+0.042%$2.6M$800K20xas long as short
edgeX PIEVERSEUSDC+0.0455%4h1.8226−0.046%$37K$436K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PIEVERSE-USDT-SWAP+0.0516%4h1.8240+0.031%$7.2M$16.3M20xas long as short
Aster PIEVERSEUSDT+0.0535%4h1.8221−0.073%$170K$211K5xas long as short
BingX PIEVERSE-USDT+0.0706%4h1.8241+0.037%$7.1Mas long as short
KuCoin PIEVERSEUSDTMlong+0.0720%4h1.8234long leg$13.9M$2.3M20x