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

PIXEL

all PIXEL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against Gate−0.074%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1791.792% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.074%, 7d avg +0.005%
Together, before fees+0.108%+$11 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 0.079% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate PIXEL_USDT0.0054320.0100pay 0.0050% / 4h2h 54m$155K$39K50x
ShortBingX PIXEL-USDT0.0054280.0100get 0.0050% / 4h2h 54m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: −0.074% → +0.005%
−$7.91
Slippage, 4 orders
−$154.18
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$187.08
Costs to cover
1.792%
Break-even
never at this rate
Slippage from Gate: live order book, 52 min ago; BingX: live order book, 6 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 Gate live order book, 52 min ago16.48 bp62.1 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago7.38 bp32.4 bp −$32115.2 bp −$1,152580.4 bp −$58.0K737.7 bp −$368.9K

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+0.0070%4h0.005438+0.110%$115K$9K50xas long as short
Aster PIXELUSDT+0.0100%4h0.005430−0.041%$4K$4K5xas long as short
Binance PIXELUSDT+0.0100%4h0.005426−0.111%$1.8M$1.7M25xas long as short
Bybit PIXELUSDT+0.0100%4h0.005435+0.055%$523K$174K25xas long as short
Gate PIXEL_USDTlong+0.0100%4h0.005432long leg$155K$39K50x
MEXC PIXEL_USDT+0.0100%4h0.005426−0.110%$901K$207K20xas long as short
KuCoin PIXELUSDTM+0.0100%4h0.005428−0.074%$356K$65K25xas long as short
Bitget PIXELUSDT+0.0100%4h0.005429−0.055%$579K$339K25xas long as short
BingX PIXEL-USDTshort+0.0100%4h0.005428−0.074%$1.3M
Variational Omni PIXEL+0.0100%4h0.005440+0.139%$1K$254as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PIXELUSD+0.7792%1h0.005433+0.024%$6K$2K10xas long as short