Funding you earn now, next payment 04:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against BloFin+0.295%95s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2272.265% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.295%, 7d avg +0.010%
=The price spread pays, funding is against you. KuCoin is 0.285% dearer against BloFin than usual: you sell high and buy low (spread +0.295% now, against its 7-day average of +0.010%): +$28 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 7 days (−0.024% in total) that is about 3 months. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin PIXEL-USDT | 0.005429 | 0.0158 | pay 0.0079% / 4h | 33m 30s | $115K | $9K | 50x |
| Short | KuCoin PIXELUSDTM | 0.005445 | 0.0100 | get 0.0050% / 4h | 33m 30s | $357K | $65K | 25x |
BloFin PIXEL-USDT
KuCoin PIXELUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$12.21
- Price spread: +0.295% → +0.010%
- $28.48
- Slippage, 4 orders
- −$202.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$210.24
- Costs to cover
- 2.265%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 62 min ago; KuCoin: live order book, 48 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 BloFin live order book, 62 min ago | 4.57 bp | 16.3 bp −$16 | 76.7 bp −$767 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 48 min ago | 14.60 bp | 132.7 bp −$133 | 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 | 0.005446 | +0.319% | $4K | $4K | 5x | as long as short |
| Binance PIXELUSDT | +0.0100% | 4h | 0.005449 | +0.368% | $1.8M | $1.7M | 25x | as long as short |
| Gate PIXEL_USDT | +0.0100% | 4h | 0.005444 | +0.276% | $153K | $39K | 50x | as long as short |
| MEXC PIXEL_USDT | +0.0100% | 4h | 0.005449 | +0.368% | $904K | $209K | 20x | as long as short |
| KuCoin PIXELUSDTMshort | +0.0100% | 4h | 0.005445 | +0.295% | $357K | $65K | 25x | |
| Bitget PIXELUSDT | +0.0100% | 4h | 0.005449 | +0.368% | $582K | $382K | 25x | as long as short |
| Variational Omni PIXEL | +0.0100% | 4h | 0.005433 | +0.075% | $1K | $254 | — | as long as short |
| BloFin PIXEL-USDTlong | +0.0158% | 4h | 0.005429 | long leg | $115K | $9K | 50x | |
| Bybit PIXELUSDT | +0.0286% | 4h | 0.005449 | +0.368% | $525K | $181K | 25x | as long as short |
| BingX PIXEL-USDT | +0.0306% | 4h | 0.005448 | +0.350% | — | $1.3M | — | as long as short |
Aster PIXELUSDT
Binance PIXELUSDT
Gate PIXEL_USDT
MEXC PIXEL_USDT
Bitget PIXELUSDT
Variational Omni PIXEL
Bybit PIXELUSDT
BingX PIXEL-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PIXELUSD | +0.9164% | 1h | 0.005482 | +0.982% | $5K | $1K | 10x | as long as short |
Kraken Futures PF_PIXELUSD