Funding you earn now, next payment 03:00 UTC−0.2720%/8h= −297.8% APRpaid last 24h +0.089%
Price spread now: BloFin against Kraken Futures−0.862%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$82 a day on $10k at the current rate, and BloFin is 0.862% cheaper against Kraken Futures than usual: you would sell low and buy high (−$86 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PIXELUSD | 0.005529 | 0.2875 | pay 0.0359% / 1h | 15m 02s | $5K | $2K | 10x |
| Short | BloFin PIXEL-USDT | 0.005481 | 0.0155 | get 0.0077% / 4h | 1h 15m | $117K | $10K | 50x |
Kraken Futures PF_PIXELUSD
BloFin PIXEL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$571.2
- Price spread: −0.862% → 0.000%
- −$86.16
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$679.36
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 21 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 21 min ago | 4.57 bp | 26.6 bp −$27 | 87.9 bp −$879 | doesn't fit | doesn't fit |
Kraken Futures: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PIXELUSDT | +0.0100% | 4h | 0.005481 | −0.853% | $4K | $4K | 5x | as long as short |
| Binance PIXELUSDT | +0.0100% | 4h | 0.005473 | −1.006% | $1.8M | $1.7M | 25x | as long as short |
| Gate PIXEL_USDT | +0.0100% | 4h | 0.005478 | −0.916% | $154K | $40K | 50x | as long as short |
| MEXC PIXEL_USDT | +0.0100% | 4h | 0.005473 | −1.006% | $912K | $207K | 20x | as long as short |
| KuCoin PIXELUSDTM | +0.0100% | 4h | 0.005479 | −0.898% | $360K | $73K | 25x | as long as short |
| Bitget PIXELUSDT | +0.0100% | 4h | 0.005475 | −0.970% | $586K | $404K | 25x | as long as short |
| Variational Omni PIXEL | +0.0100% | 4h | 0.005494 | −0.619% | $1K | $254 | — | as long as short |
| BloFin PIXEL-USDTshort | +0.0155% | 4h | 0.005481 | −0.862% | $117K | $10K | 50x | |
| BingX PIXEL-USDT | +0.0190% | 4h | 0.005483 | −0.825% | — | $1.3M | — | as long as short |
| Bybit PIXELUSDT | +0.0204% | 4h | 0.005482 | −0.844% | $528K | $201K | 25x | as long as short |
Aster PIXELUSDT
Binance PIXELUSDT
Gate PIXEL_USDT
MEXC PIXEL_USDT
KuCoin PIXELUSDTM
Bitget PIXELUSDT
Variational Omni PIXEL
BingX PIXEL-USDT
Bybit PIXELUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PIXELUSDlong | +0.2875% | 1h | 0.005529 | long leg | $5K | $2K | 10x |