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: MEXC against BingX+0.018%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$800.799% 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)+0.017%+$2 · spread now +0.018%, 7d avg −0.028%
Together, before fees+0.017%+$2 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: MEXC is 0.047% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PIXEL-USDT0.0054280.0100pay 0.0050% / 4h2h 55m$1.3M
ShortMEXC PIXEL_USDT0.0054290.0100get 0.0050% / 4h2h 55m$921K$198K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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: +0.018% → −0.028%
$4.67
Slippage, 4 orders
−$65.88
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$75.21
Costs to cover
0.799%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: live order book, 5 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 BingX live order book, 5 min ago6.40 bp26.3 bp −$2682.8 bp −$828649.9 bp −$65.0K835.0 bp −$417.5K
Sell MEXC live order book, 5 min ago0.92 bp11.9 bp −$1248.3 bp −$483321.9 bp −$32.2Kdoesn'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−0.0670%1h0.005397−0.579%$5K$1K10xas long as short
BloFin PIXEL-USDT+0.0073%4h0.005446+0.332%$117K$10K50xas long as short
Aster PIXELUSDT+0.0100%4h0.005428+0.007%$4K$4K5xas long as short
Binance PIXELUSDT+0.0100%4h0.005428+0.003%$1.8M$1.6M25xas long as short
Bybit PIXELUSDT+0.0100%4h0.005434+0.111%$523K$206K25xas long as short
Gate PIXEL_USDT+0.0100%4h0.005430+0.037%$151K$37K50xas long as short
MEXC PIXEL_USDTshort+0.0100%4h0.005429+0.018%$921K$198K20x
KuCoin PIXELUSDTM+0.0100%4h0.005431+0.055%$357K$76K25xas long as short
Bitget PIXELUSDT+0.0100%4h0.005430+0.037%$581K$427K25xas long as short
BingX PIXEL-USDTlong+0.0100%4h0.005428long leg$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PIXEL+0.0100%4h0.005438+0.178%$1K$254as long as short