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 12:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h −0.381%
Price spread now: KuCoin against Kraken Futures+0.984%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 +$4 a day on $10k at the current rate, and KuCoin is 0.984% dearer against Kraken Futures than usual: you sell high and buy low: +$98 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_PIXELUSD0.005326−0.0038get 0.0005% / 1h51m 27s$5K$4K10x
ShortKuCoin PIXELUSDTM0.0053780.0100get 0.0050% / 4h51m 27s$349K$46K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$29.04
Price spread: +0.984% → 0.000%
$98.45
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$105.49
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 43 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 KuCoin live order book, 43 min ago11.09 bp144.6 bp −$145doesn't fitdoesn't fitdoesn't fit
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 exchanges

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−0.0038%1h0.005326long leg$5K$4K10x
BloFin PIXEL-USDT+0.0056%4h0.005376+0.947%$115K$9K50xas long as short
Aster PIXELUSDT+0.0100%4h0.005378+0.992%$4K$4K5xas long as short
Binance PIXELUSDT+0.0100%4h0.005378+0.987%$1.8M$1.7M25xas long as short
Bybit PIXELUSDT+0.0100%4h0.005376+0.947%$505K$153K25xas long as short
Gate PIXEL_USDT+0.0100%4h0.005384+1.097%$152K$29K50xas long as short
MEXC PIXEL_USDT+0.0100%4h0.005376+0.947%$874K$165K20xas long as short
KuCoin PIXELUSDTMshort+0.0100%4h0.005378+0.984%$349K$46K25x
Bitget PIXELUSDT+0.0100%4h0.005379+1.003%$583K$255K25xas long as short
BingX PIXEL-USDT+0.0100%4h0.005382+1.060%$1.2Mas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PIXEL+0.0100%4h0.005385+1.108%$1K$797as long as short