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+0.0380%/8h= +41.6% APRnext payment +$1.90 per $10,000 · paid last 24h +0.037%
Price spread now: KuCoin against MEXC+0.002%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$940.937% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.222%+$22 on $10k
Price spread, last 7 days−0.113%−$11 · spread now +0.002%, 7d avg −0.060%
Together, before fees+0.109%+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and KuCoin is 0.062% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.060%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.222% in total (about 11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PIEVERSE_USDT1.82280.0488pay 0.0244% / 4h2h 11m$2.6M$824K20x
ShortKuCoin PIEVERSEUSDTM1.82280.0868get 0.0434% / 4h2h 11m$13.9M$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$79.8
Price spread: +0.002% → −0.060%
$6.21
Slippage, 4 orders
−$77.68
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$7.68
Costs to cover
0.937%
Break-even
7.7 days
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago1.92 bp13.4 bp −$1376.6 bp −$766344.9 bp −$34.5Kdoesn't fit
Sell KuCoin live order book, 3 min ago9.55 bp23.3 bp −$23doesn'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
Bybit PIEVERSEUSDT+0.0100%4h1.8210−0.098%$10.9M$10.6M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8193−0.192%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8221−0.038%$48K$11Kas long as short
SunX PIEVERSE-USDT+0.0100%4h1.8200−0.154%$1K$698K20xas long as short
Bitget PIEVERSEUSDT+0.0172%4h1.8225−0.016%$3.9M$2.1M10xas long as short
BloFin PIEVERSE-USDT+0.0442%4h1.8231+0.016%$1.1M$2.3M40xas long as short
edgeX PIEVERSEUSDC+0.0481%4h1.8203−0.137%$37K$430K10xas long as short
Binance PIEVERSEUSDT+0.0484%4h1.8229+0.005%$21.5M$27.1M20xas long as short
Extended PIEVERSE-USD+0.0488%1h1.8226−0.009%$39K$209K5xas long as short
MEXC PIEVERSE_USDTlong+0.0488%4h1.8228long leg$2.6M$824K20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDT+0.0592%4h1.82280.000%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAP+0.0623%4h1.8224−0.022%$7.2M$17.7M20xas long as short
Aster PIEVERSEUSDT+0.0700%4h1.8212−0.088%$169K$240K5xas long as short
KuCoin PIEVERSEUSDTMshort+0.0868%4h1.8228+0.002%$13.9M$2.4M20x