Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: Bybit against Binance+0.110%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2202.204% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.110%, 7d avg +0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.037% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PIXELUSDT | 0.005430 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $1.8M | $1.7M | 25x |
| Short | Bybit PIXELUSDT | 0.005436 | 0.0100 | get 0.0050% / 4h | 3h 08m | $524K | $174K | 25x |
Binance PIXELUSDT
Bybit PIXELUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.110% → +0.074%
- $3.65
- Slippage, 4 orders
- −$199.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$216.74
- Costs to cover
- 2.204%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 36 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 3.67 bp | 27.0 bp −$27 | 341.3 bp −$3,413 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 36 min ago | 4.58 bp | 82.6 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
PIXEL on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PIXELUSDT | +0.0100% | 4h | 0.005432 | +0.029% | $4K | $4K | 5x | as long as short |
| Binance PIXELUSDTlong | +0.0100% | 4h | 0.005430 | long leg | $1.8M | $1.7M | 25x | |
| Bybit PIXELUSDTshort | +0.0100% | 4h | 0.005436 | +0.110% | $524K | $174K | 25x | |
| Gate PIXEL_USDT | +0.0100% | 4h | 0.005436 | +0.110% | $153K | $38K | 50x | as long as short |
| MEXC PIXEL_USDT | +0.0100% | 4h | 0.005427 | −0.055% | $901K | $211K | 20x | as long as short |
| KuCoin PIXELUSDTM | +0.0100% | 4h | 0.005435 | +0.092% | $357K | $64K | 25x | as long as short |
| Bitget PIXELUSDT | +0.0100% | 4h | 0.005428 | −0.037% | $580K | $341K | 25x | as long as short |
| BingX PIXEL-USDT | +0.0100% | 4h | 0.005431 | +0.018% | — | $1.3M | — | as long as short |
| Variational Omni PIXEL | +0.0100% | 4h | 0.005451 | +0.387% | $1K | $254 | — | as long as short |
| BloFin PIXEL-USDT | +0.0118% | 4h | 0.005432 | +0.037% | $114K | $9K | 50x | as long as short |
Aster PIXELUSDT
Gate PIXEL_USDT
MEXC PIXEL_USDT
KuCoin PIXELUSDTM
Bitget PIXELUSDT
BingX PIXEL-USDT
Variational Omni PIXEL
BloFin PIXEL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PIXELUSD | +0.3375% | 1h | 0.005440 | +0.176% | $6K | $2K | 10x | as long as short |
Kraken Futures PF_PIXELUSD