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: Gate against Binance−0.006%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1901.898% 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 4 days (all we have)−0.039%−$4 · spread now −0.006%, 7d avg +0.023%
Together, before fees−0.039%−$4 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: Gate is 0.029% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PIXELUSDT0.0054530.0100pay 0.0050% / 4h3h 44m$1.8M$1.6M25x
ShortGate PIXEL_USDT0.0054530.0100get 0.0050% / 4h3h 44m$152K$38K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.006% → +0.023%
−$2.87
Slippage, 4 orders
−$164.78
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$192.65
Costs to cover
1.898%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 21 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, 4 min ago2.75 bp26.3 bp −$26261.4 bp −$2,614doesn't fitdoesn't fit
Sell Gate live order book, 21 min ago18.27 bp62.3 bp −$62doesn't fitdoesn't fitdoesn't fit

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
Kraken Futures PF_PIXELUSD−0.0538%1h0.005411−0.778%$5K$1K10xas long as short
BloFin PIXEL-USDT+0.0098%4h0.005450−0.061%$118K$11K50xas long as short
Aster PIXELUSDT+0.0100%4h0.005450−0.060%$4K$4K5xas long as short
Binance PIXELUSDTlong+0.0100%4h0.005453long leg$1.8M$1.6M25x
Bybit PIXELUSDT+0.0100%4h0.005455+0.031%$518K$201K25xas long as short
Gate PIXEL_USDTshort+0.0100%4h0.005453−0.006%$152K$38K50x
MEXC PIXEL_USDT+0.0100%4h0.005453−0.006%$919K$197K20xas long as short
KuCoin PIXELUSDTM+0.0100%4h0.005452−0.024%$358K$75K25xas long as short
Bitget PIXELUSDT+0.0100%4h0.005455+0.031%$585K$421K25xas long as short
BingX PIXEL-USDT+0.0100%4h0.005451−0.042%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PIXEL+0.0100%4h0.005455+0.025%$1K$254as long as short