Funding you earn now, next payment 04:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.27 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against KuCoin+0.110%110s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$224as 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)−0.090%−$9 · spread now +0.110%, 7d avg −0.003%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.112% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.003%. The two prices were read 110 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 | KuCoin PIXELUSDTM | 0.005475 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $360K | $73K | 25x |
| Short | BloFin PIXEL-USDT | 0.005481 | 0.0155 | get 0.0077% / 4h | 1h 13m | $117K | $10K | 50x |
KuCoin PIXELUSDTM
BloFin PIXEL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $11.47
- Price spread: +0.110% → −0.003%
- $11.24
- Slippage, 4 orders
- −$202.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$203.8
- Costs to cover
- 2.265%
- Break-even
- 131.4 days
Slippage from KuCoin: live order book, 9 min ago; BloFin: live order book, 22 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 KuCoin live order book, 9 min ago | 14.60 bp | 51.0 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 4.57 bp | 26.6 bp −$27 | 87.9 bp −$879 | 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 | 0.005473 | −0.032% | $4K | $4K | 5x | as long as short |
| Binance PIXELUSDT | +0.0100% | 4h | 0.005476 | +0.016% | $1.8M | $1.7M | 25x | as long as short |
| Gate PIXEL_USDT | +0.0100% | 4h | 0.005474 | −0.018% | $154K | $40K | 50x | as long as short |
| MEXC PIXEL_USDT | +0.0100% | 4h | 0.005476 | +0.018% | $913K | $207K | 20x | as long as short |
| KuCoin PIXELUSDTMlong | +0.0100% | 4h | 0.005475 | long leg | $360K | $73K | 25x | |
| Bitget PIXELUSDT | +0.0100% | 4h | 0.005473 | −0.037% | $586K | $400K | 25x | as long as short |
| Variational Omni PIXEL | +0.0100% | 4h | 0.005494 | +0.355% | $1K | $254 | — | as long as short |
| BloFin PIXEL-USDTshort | +0.0155% | 4h | 0.005481 | +0.110% | $117K | $10K | 50x | |
| BingX PIXEL-USDT | +0.0190% | 4h | 0.005476 | +0.018% | — | $1.3M | — | as long as short |
| Bybit PIXELUSDT | +0.0211% | 4h | 0.005480 | +0.091% | $528K | $201K | 25x | as long as short |
Aster PIXELUSDT
Binance PIXELUSDT
Gate PIXEL_USDT
MEXC PIXEL_USDT
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_PIXELUSD | +0.2875% | 1h | 0.005528 | +0.963% | $5K | $2K | 10x | as long as short |
Kraken Futures PF_PIXELUSD