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−0.0520%/8h= −57.0% APRnext payment $2.60 per $10,000 · paid last 24h −0.100%
Price spread now: SunX against OKX−0.291%7-day average −0.150% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.134%−$13 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.291%, 7d avg −0.150%
Together, before fees+0.102%+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and SunX is 0.141% cheaper against OKX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.150%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.134% in total (about -7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.60 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
LongOKX PIEVERSE-USDT-SWAP1.82160.0620pay 0.0310% / 4h51m 00s$7.2M$17.2M20x
ShortSunX PIEVERSE-USDT1.81630.0100get 0.0050% / 4h51m 00s$1K$712K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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
−$109.28
Price spread: −0.291% → −0.150%
−$14.07
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$141.35
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; SunX: live order book, 71 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago1.92 bp14.9 bp −$15155.3 bp −$1,553doesn't fitdoesn't fit
Sell SunX live order book, 71 min ago500.18 bpdoesn't fitdoesn'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%4h1.8185−0.170%$10.9M$10.4M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8161−0.302%$8.3M$3.3M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8082−0.735%$47K$12Kas long as short
SunX PIEVERSE-USDTshort+0.0100%4h1.8163−0.291%$1K$712K20x
Bitget PIEVERSEUSDT+0.0158%4h1.8201−0.084%$4.0M$2.1M10xas long as short
BloFin PIEVERSE-USDT+0.0496%4h1.8203−0.071%$1.1M$2.3M40xas long as short
edgeX PIEVERSEUSDC+0.0509%4h1.8238+0.122%$37K$433K10xas long as short
MEXC PIEVERSE_USDT+0.0530%4h1.8188−0.154%$2.6M$811K20xas long as short
Binance PIEVERSEUSDT+0.0532%4h1.8197−0.104%$21.5M$27.1M20xas long as short
Extended PIEVERSE-USD+0.0536%1h1.8186−0.167%$42K$231K5xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDT+0.0590%4h1.8195−0.115%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAPlong+0.0620%4h1.8216long leg$7.2M$17.2M20x
Aster PIEVERSEUSDT+0.0689%4h1.8180−0.198%$169K$234K5xas long as short
KuCoin PIEVERSEUSDTM+0.0828%4h1.8200−0.088%$13.9M$2.4M20xas long as short