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

PIXEL

all PIXEL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.05 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Variational Omni−0.129%86s7-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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.129% cheaper against Variational Omni than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PIXEL0.0054550.0100pay 0.0050% / 4h3h 33m$1K$254
ShortBloFin PIXEL-USDT0.0054480.0091get 0.0045% / 4h3h 33m$115K$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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
−$1.94
Price spread: −0.129% → 0.000%
−$12.92
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$26.85
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 55 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 Variational Omni no order-book sample
Sell BloFin live order book, 55 min ago5.49 bp21.1 bp −$2178.2 bp −$782doesn't fitdoesn't fit
Variational Omni: 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
BloFin PIXEL-USDTshort+0.0091%4h0.005448−0.129%$115K$9K50x
Aster PIXELUSDT+0.0100%4h0.005448−0.123%$4K$4K5xas long as short
Binance PIXELUSDT+0.0100%4h0.005446−0.166%$1.8M$1.7M25xas long as short
Bybit PIXELUSDT+0.0100%4h0.005454−0.019%$526K$175K25xas long as short
Gate PIXEL_USDT+0.0100%4h0.005450−0.092%$154K$38K50xas long as short
MEXC PIXEL_USDT+0.0100%4h0.005447−0.147%$904K$210K20xas long as short
KuCoin PIXELUSDTM+0.0100%4h0.005446−0.166%$357K$64K25xas long as short
Bitget PIXELUSDT+0.0100%4h0.005447−0.147%$582K$349K25xas long as short
Variational Omni PIXELlong+0.0100%4h0.005455long leg$1K$254
BingX PIXEL-USDT+0.0104%4h0.005452−0.056%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_PIXELUSD+0.3370%1h0.005448−0.130%$6K$2K10xas long as short