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

PIXEL

all PIXEL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0769%/8h= −84.2% APRpaid last 24h −0.010%
Price spread now: Kraken Futures against Bitget−0.386%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Kraken Futures is 0.386% cheaper against Bitget than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PIXELUSDT0.0054290.0100pay 0.0050% / 4h2h 54m$581K$427K25x
ShortKraken Futures PF_PIXELUSD0.005408−0.0669pay 0.0084% / 1h54m 44s$5K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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
−$161.42
Price spread: −0.386% → 0.000%
−$38.55
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$221.97
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 10 min ago; Kraken Futures: no order-book sample. 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 Bitget live order book, 10 min ago9.06 bp25.8 bp −$26213.2 bp −$2,13249600.0 bp −$4.96Mdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_PIXELUSDshort−0.0669%1h0.005408−0.386%$5K$1K10x
Aster PIXELUSDT+0.0100%4h0.005427−0.044%$4K$4K5xas long as short
Binance PIXELUSDT+0.0100%4h0.005431+0.031%$1.8M$1.6M25xas long as short
Bybit PIXELUSDT+0.0100%4h0.005428−0.018%$522K$206K25xas long as short
Gate PIXEL_USDT+0.0100%4h0.005427−0.037%$151K$37K50xas long as short
MEXC PIXEL_USDT+0.0100%4h0.005422−0.129%$920K$198K20xas long as short
KuCoin PIXELUSDTM+0.0100%4h0.005430+0.018%$357K$76K25xas long as short
Bitget PIXELUSDTlong+0.0100%4h0.005429long leg$581K$427K25x
BingX PIXEL-USDT+0.0100%4h0.005431+0.037%$1.3Mas long as short
Variational Omni PIXEL+0.0100%4h0.005438+0.159%$1K$254as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin PIXEL-USDT+0.0121%4h0.005424−0.092%$117K$10K50xas long as short