Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.015%
Price spread now: KuCoin against BingX−0.128%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2442.443% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.128%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.120% cheaper against BingX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PIXEL-USDT | 0.005455 | 0.0104 | pay 0.0052% / 4h | 3h 31m | — | $1.3M | — |
| Short | KuCoin PIXELUSDTM | 0.005448 | 0.0100 | get 0.0050% / 4h | 3h 31m | $358K | $64K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.128% → −0.008%
- −$12.04
- Slippage, 4 orders
- −$222.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$257.19
- Costs to cover
- 2.443%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 40 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 11 min ago | 7.32 bp | 27.2 bp −$27 | 91.0 bp −$910 | 610.0 bp −$61.0K | 799.4 bp −$399.7K |
| Sell KuCoin live order book, 40 min ago | 12.77 bp | 129.4 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
PIXEL on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PIXELUSDT | +0.0100% | 4h | 0.005448 | −0.135% | $4K | $4K | 5x | as long as short |
| Binance PIXELUSDT | +0.0100% | 4h | 0.005452 | −0.063% | $1.8M | $1.7M | 25x | as long as short |
| Bybit PIXELUSDT | +0.0100% | 4h | 0.005460 | +0.092% | $526K | $175K | 25x | as long as short |
| Gate PIXEL_USDT | +0.0100% | 4h | 0.005449 | −0.110% | $154K | $38K | 50x | as long as short |
| MEXC PIXEL_USDT | +0.0100% | 4h | 0.005448 | −0.128% | $904K | $210K | 20x | as long as short |
| KuCoin PIXELUSDTMshort | +0.0100% | 4h | 0.005448 | −0.128% | $358K | $64K | 25x | |
| Bitget PIXELUSDT | +0.0100% | 4h | 0.005458 | +0.055% | $583K | $349K | 25x | as long as short |
| Variational Omni PIXEL | +0.0100% | 4h | 0.005455 | +0.001% | $1K | $254 | — | as long as short |
| BingX PIXEL-USDTlong | +0.0104% | 4h | 0.005455 | long leg | — | $1.3M | — | |
| BloFin PIXEL-USDT | +0.0118% | 4h | 0.005450 | −0.092% | $115K | $9K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PIXELUSD | +0.3368% | 1h | 0.005452 | −0.061% | $6K | $2K | 10x | as long as short |
BingX PIXEL-USDT
KuCoin PIXELUSDTM
Aster PIXELUSDT
Binance PIXELUSDT
Bybit PIXELUSDT
Gate PIXEL_USDT
MEXC PIXEL_USDT
Bitget PIXELUSDT
Variational Omni PIXEL
BloFin PIXEL-USDT
Kraken Futures PF_PIXELUSD