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

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.37 per $10,000 · paid last 24h −0.060%
Price spread now: BingX against MEXC+0.022%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$800.797% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.225%−$22 on $10k
Price spread, last 7 days−0.110%−$11 · spread now +0.022%, 7d avg −0.014%
Together, before fees−0.334%−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.036% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.225%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PIEVERSE_USDT1.81230.0472pay 0.0236% / 4h2h 27m$2.5M$818K20x
ShortBingX PIEVERSE-USDT1.81270.0546get 0.0273% / 4h2h 27m$7.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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
$15.54
Price spread: +0.022% → −0.014%
$3.61
Slippage, 4 orders
−$65.67
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$60.52
Costs to cover
0.797%
Break-even
34.3 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 10 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 MEXC live order book, 5 min ago1.65 bp20.7 bp −$2178.4 bp −$784543.9 bp −$54.4Kdoesn't fit
Sell BingX live order book, 10 min ago2.48 bp22.6 bp −$2391.5 bp −$915934.8 bp −$93.5K1255.3 bp −$627.6K

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%4h1.8112−0.062%$10.9M$10.6M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8111−0.066%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8141+0.100%$48K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8102−0.116%$1K$696K20xas long as short
Bitget PIEVERSEUSDT+0.0156%4h1.8137+0.079%$3.9M$2.1M10xas long as short
edgeX PIEVERSEUSDC+0.0455%4h1.8169+0.254%$37K$430K10xas long as short
Extended PIEVERSE-USD+0.0472%1h1.81230.000%$39K$209K5xas long as short
MEXC PIEVERSE_USDTlong+0.0472%4h1.8123long leg$2.5M$818K20x
Binance PIEVERSEUSDT+0.0474%4h1.8125+0.013%$21.4M$27.1M20xas long as short
BloFin PIEVERSE-USDT+0.0521%4h1.8134+0.061%$1.1M$2.3M40xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDTshort+0.0546%4h1.8127+0.022%$7.1M
OKX PIEVERSE-USDT-SWAP+0.0578%4h1.8126+0.017%$7.2M$17.5M20xas long as short
Aster PIEVERSEUSDT+0.0694%4h1.8121−0.010%$168K$241K5xas long as short
KuCoin PIEVERSEUSDTM+0.0830%4h1.8152+0.162%$13.8M$2.4M20xas long as short