Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.014%
Price spread now: BloFin against Bybit+0.074%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$2102.096% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.074%, 7d avg −0.060%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.134% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit PIXELUSDT | 0.005407 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $521K | $174K | 25x |
| Short | BloFin PIXEL-USDT | 0.005411 | 0.0126 | get 0.0063% / 4h | 2h 41m | $114K | $9K | 50x |
Bybit PIXELUSDT
BloFin PIXEL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $5.41
- Price spread: +0.074% → −0.060%
- $13.41
- Slippage, 4 orders
- −$186.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$190.79
- Costs to cover
- 2.096%
- Break-even
- 254.0 days
Slippage from Bybit: live order book, 64 min ago; BloFin: live order book, 37 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 Bybit live order book, 64 min ago | 4.58 bp | 82.2 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 7.34 bp | 25.9 bp −$26 | 79.7 bp −$797 | 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 | 0.005404 | −0.053% | $4K | $4K | 5x | as long as short |
| Binance PIXELUSDT | +0.0100% | 4h | 0.005402 | −0.092% | $1.7M | $1.7M | 25x | as long as short |
| Bybit PIXELUSDTlong | +0.0100% | 4h | 0.005407 | long leg | $521K | $174K | 25x | |
| Gate PIXEL_USDT | +0.0100% | 4h | 0.005415 | +0.148% | $154K | $39K | 50x | as long as short |
| MEXC PIXEL_USDT | +0.0100% | 4h | 0.005409 | +0.037% | $898K | $207K | 20x | as long as short |
| KuCoin PIXELUSDTM | +0.0100% | 4h | 0.005416 | +0.166% | $355K | $65K | 25x | as long as short |
| Bitget PIXELUSDT | +0.0100% | 4h | 0.005411 | +0.074% | $578K | $335K | 25x | as long as short |
| BingX PIXEL-USDT | +0.0100% | 4h | 0.005409 | +0.037% | — | $1.3M | — | as long as short |
| Variational Omni PIXEL | +0.0100% | 4h | 0.005419 | +0.216% | $1K | $254 | — | as long as short |
| BloFin PIXEL-USDTshort | +0.0126% | 4h | 0.005411 | +0.074% | $114K | $9K | 50x |
Aster PIXELUSDT
Binance PIXELUSDT
Gate PIXEL_USDT
MEXC PIXEL_USDT
KuCoin PIXELUSDTM
Bitget PIXELUSDT
BingX PIXEL-USDT
Variational Omni PIXELShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PIXELUSD | +0.7809% | 1h | 0.005422 | +0.278% | $6K | $2K | 10x | as long as short |
Kraken Futures PF_PIXELUSD