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: BingX against KuCoin0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2312.309% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now 0.000%, 7d avg +0.006%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PIXELUSDTM0.0054640.0100pay 0.0050% / 4h2h 06m$359K$73K25x
ShortBingX PIXEL-USDT0.0054640.0100get 0.0050% / 4h2h 06m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: 0.000% → +0.006%
−$0.64
Slippage, 4 orders
−$208.94
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$231.58
Costs to cover
2.309%
Break-even
never at this rate
Slippage from KuCoin: live order book, 30 min ago; BingX: live order book, 7 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 KuCoin live order book, 30 min ago13.65 bp58.9 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago9.14 bp31.3 bp −$31107.8 bp −$1,078636.5 bp −$63.6K826.9 bp −$413.5K

PIXEL on 10 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−0.0659%1h0.005488+0.435%$5K$2K10xas long as short
Aster PIXELUSDT+0.0100%4h0.005464−0.003%$4K$4K5xas long as short
Binance PIXELUSDT+0.0100%4h0.0054640.000%$1.8M$1.7M25xas long as short
Bybit PIXELUSDT+0.0100%4h0.005468+0.073%$527K$201K25xas long as short
Gate PIXEL_USDT+0.0100%4h0.005458−0.110%$150K$39K50xas long as short
MEXC PIXEL_USDT+0.0100%4h0.005465+0.018%$904K$206K20xas long as short
KuCoin PIXELUSDTMlong+0.0100%4h0.005464long leg$359K$73K25x
Bitget PIXELUSDT+0.0100%4h0.005461−0.055%$585K$416K25xas long as short
BingX PIXEL-USDTshort+0.0100%4h0.0054640.000%$1.3M
Variational Omni PIXEL+0.0100%4h0.005472+0.147%$1K$254as long as short