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

PIXEL

all PIXEL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.055%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1161.165% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.014%+$1 · spread now +0.055%, 7d avg +0.027%
Together, before fees+0.014%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.027% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PIXELUSDT0.0054870.0100pay 0.0050% / 4h1h 20m$1.8M$1.7M25x
ShortBingX PIXEL-USDT0.0054900.0100get 0.0050% / 4h1h 20m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$0
Price spread: +0.055% → +0.027%
$2.73
Slippage, 4 orders
−$96.45
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$113.72
Costs to cover
1.165%
Break-even
never at this rate
Slippage from Binance: live order book, 13 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 Binance live order book, 13 min ago1.83 bp30.1 bp −$30226.8 bp −$2,268doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago9.13 bp30.5 bp −$31108.2 bp −$1,082678.6 bp −$67.9K884.4 bp −$442.2K

PIXEL on 11 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
BloFin PIXEL-USDT+0.0071%4h0.005483−0.073%$117K$10K50xas long as short
Aster PIXELUSDT+0.0100%4h0.005476−0.198%$4K$4K5xas long as short
Binance PIXELUSDTlong+0.0100%4h0.005487long leg$1.8M$1.7M25x
Gate PIXEL_USDT+0.0100%4h0.005483−0.073%$154K$40K50xas long as short
MEXC PIXEL_USDT+0.0100%4h0.005488+0.018%$915K$207K20xas long as short
KuCoin PIXELUSDTM+0.0100%4h0.005478−0.164%$360K$73K25xas long as short
Bitget PIXELUSDT+0.0100%4h0.005482−0.091%$587K$404K25xas long as short
BingX PIXEL-USDTshort+0.0100%4h0.005490+0.055%$1.3M
Variational Omni PIXEL+0.0100%4h0.005487+0.009%$1K$254as long as short
Bybit PIXELUSDT+0.0193%4h0.005490+0.055%$529K$200K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PIXELUSD+0.2891%1h0.005497+0.182%$5K$2K10xas long as short