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

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0230%/8h= −25.2% APRnext payment $1.15 per $10,000 · paid last 24h −0.019%
Price spread now: MEXC against KuCoin−0.002%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$910.913% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.203%−$20 on $10k
Price spread, last 7 days+0.079%+$8 · spread now −0.002%, 7d avg +0.061%
Together, before fees−0.123%−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.063% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PIEVERSEUSDTM1.80320.0714pay 0.0357% / 4h2h 38m$13.7M$2.5M20x
ShortMEXC PIEVERSE_USDT1.80320.0484get 0.0242% / 4h2h 38m$2.4M$837K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$48.3
Price spread: −0.002% → +0.061%
−$6.3
Slippage, 4 orders
−$75.26
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$145.86
Costs to cover
0.913%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 4 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, 6 min ago11.91 bp31.8 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.83 bp12.5 bp −$1378.8 bp −$788471.2 bp −$47.1Kdoesn'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
Bybit PIEVERSEUSDT+0.0100%4h1.8021−0.063%$10.7M$11.1M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8005−0.151%$8.2M$3.4M25xas long as short
Bitget PIEVERSEUSDT+0.0100%4h1.8039+0.037%$3.9M$2.3M10xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8057+0.135%$48K$10Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8018−0.079%$2K$667K20xas long as short
OKX PIEVERSE-USDT-SWAP+0.0310%4h1.8042+0.054%$7.1M$18.2M20xas long as short
BloFin PIEVERSE-USDT+0.0445%4h1.8126+0.520%$1.1M$2.4M40xas long as short
BingX PIEVERSE-USDT+0.0470%4h1.8033+0.004%$7.1Mas long as short
Binance PIEVERSEUSDT+0.0478%4h1.8040+0.040%$21.4M$27.6M20xas long as short
Extended PIEVERSE-USD+0.0480%1h1.8028−0.022%$41K$241K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC PIEVERSE_USDTshort+0.0484%4h1.8032−0.002%$2.4M$837K20x
edgeX PIEVERSEUSDC+0.0517%4h1.8169+0.758%$37K$430K10xas long as short
Aster PIEVERSEUSDT+0.0526%4h1.8013−0.108%$166K$262K5xas long as short
KuCoin PIEVERSEUSDTMlong+0.0714%4h1.8032long leg$13.7M$2.5M20x