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−0.0279%/8h= −30.5% APRnext payment $1.39 per $10,000 · paid last 24h −0.041%
Price spread now: edgeX against KuCoin−0.105%7-day average +0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$780.781% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.243%−$24 on $10k
Price spread, last 4 days (all we have)+1.813%+$181 · spread now −0.105%, 7d avg +0.131%
Together, before fees+1.570%+ Points / potential airdropedgeX: Active · farm board+$157 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and edgeX is 0.235% cheaper against KuCoin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.131%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PIEVERSEUSDTM1.82490.0728pay 0.0364% / 4h3h 18m$14.0M$2.2M20x
ShortedgeX PIEVERSEUSDC1.82300.0449get 0.0225% / 4h3h 18m$37K$435K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$58.53
Price spread: −0.105% → +0.131%
−$23.51
Slippage, 4 orders
−$57.06
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$160.09
Costs to cover
0.781%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; edgeX: live order book, 15 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, 10 min ago7.91 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 15 min ago4.67 bp13.3 bp −$13doesn'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%8h1.8211−0.208%$8.4M$3.2M25xas long as short
Bitget PIEVERSEUSDT+0.0100%4h1.8231−0.099%$4.0M$2.0M10xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8228−0.116%$47K$12Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8211−0.208%$1K$713K20xas long as short
Extended PIEVERSE-USD+0.0432%1h1.8237−0.066%$42K$262K5xas long as short
MEXC PIEVERSE_USDT+0.0432%4h1.8248−0.005%$2.6M$804K20xas long as short
Binance PIEVERSEUSDT+0.0434%4h1.8252+0.016%$21.6M$25.8M20xas long as short
BloFin PIEVERSE-USDT+0.0444%4h1.8245−0.022%$1.1M$2.2M40xas long as short
edgeX PIEVERSEUSDCshort+0.0449%4h1.8230−0.105%$37K$435K10x
Bybit PIEVERSEUSDT+0.0458%4h1.8225−0.132%$11.0M$9.8M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDT+0.0496%4h1.8242−0.038%$7.1Mas long as short
Aster PIEVERSEUSDT+0.0513%4h1.8212−0.201%$171K$208K5xas long as short
OKX PIEVERSE-USDT-SWAP+0.0533%4h1.8245−0.022%$7.2M$16.2M20xas long as short
KuCoin PIEVERSEUSDTMlong+0.0728%4h1.8249long leg$14.0M$2.2M20x