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

PIXEL

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0651%/8h= +71.3% APRpaid last 24h −0.361%
Price spread now: BingX against Kraken Futures+0.070%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$20 a day on $10k at the current rate, and BingX is 0.070% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PIXELUSD0.005452−0.0551get 0.0069% / 1h39m 40s$5K$4K10x
ShortBingX PIXEL-USDT0.0054560.0100get 0.0050% / 4h3h 39m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Kraken Futures. 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
$136.78
Price spread: +0.070% → 0.000%
$7.03
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$123.82
Costs to cover
0.200%
Break-even
0.7 days
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 6 min ago. 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 Kraken Futures no order-book sample
Sell BingX live order book, 6 min ago6.40 bp25.7 bp −$2671.1 bp −$711679.1 bp −$67.9K855.5 bp −$427.7K
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_PIXELUSDlong−0.0551%1h0.005452long leg$5K$4K10x
BloFin PIXEL-USDT+0.0081%4h0.005458+0.107%$114K$9K50xas long as short
Aster PIXELUSDT+0.0100%4h0.005450−0.046%$4K$4K5xas long as short
Binance PIXELUSDT+0.0100%4h0.005451−0.024%$1.8M$1.7M25xas long as short
Bybit PIXELUSDT+0.0100%4h0.005455+0.052%$527K$173K25xas long as short
Gate PIXEL_USDT+0.0100%4h0.005454+0.034%$153K$38K50xas long as short
MEXC PIXEL_USDT+0.0100%4h0.005451−0.021%$901K$191K20xas long as short
KuCoin PIXELUSDTM+0.0100%4h0.005455+0.052%$355K$67K25xas long as short
Bitget PIXELUSDT+0.0100%4h0.005455+0.052%$589K$322K25xas long as short
BingX PIXEL-USDTshort+0.0100%4h0.005456+0.070%$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PIXEL+0.0100%4h0.005457+0.091%$1K$254as long as short