Funding you earn now, next payment 10:00 UTC−0.0345%/8h= −37.8% APRpaid last 24h +0.376%
Price spread now: Kraken Futures against KuCoin−0.220%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 −$10 a day on $10k at the current rate, and Kraken Futures is 0.220% cheaper against KuCoin than usual: you would sell low and buy high (−$22 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 | KuCoin PIXELUSDTM | 0.005468 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $354K | $60K | 25x |
| Short | Kraken Futures PF_PIXELUSD | 0.005456 | −0.0245 | pay 0.0031% / 1h | 20m 01s | $5K | $4K | 10x |
KuCoin PIXELUSDTM
Kraken Futures PF_PIXELUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$72.47
- Price spread: −0.220% → 0.000%
- −$22.01
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$116.48
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 24 min ago; Kraken Futures: no order-book sample. 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 KuCoin live order book, 24 min ago | 9.18 bp | 56.8 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_PIXELUSDshort | −0.0245% | 1h | 0.005456 | −0.220% | $5K | $4K | 10x | |
| BloFin PIXEL-USDT | +0.0083% | 4h | 0.005473 | +0.091% | $115K | $9K | 50x | as long as short |
| Aster PIXELUSDT | +0.0100% | 4h | 0.005470 | +0.044% | $4K | $4K | 5x | as long as short |
| Binance PIXELUSDT | +0.0100% | 4h | 0.005470 | +0.029% | $1.8M | $1.7M | 25x | as long as short |
| Bybit PIXELUSDT | +0.0100% | 4h | 0.005469 | +0.018% | $517K | $159K | 25x | as long as short |
| Gate PIXEL_USDT | +0.0100% | 4h | 0.005467 | −0.018% | $155K | $37K | 50x | as long as short |
| MEXC PIXEL_USDT | +0.0100% | 4h | 0.005469 | +0.018% | $891K | $185K | 20x | as long as short |
| KuCoin PIXELUSDTMlong | +0.0100% | 4h | 0.005468 | long leg | $354K | $60K | 25x | |
| Bitget PIXELUSDT | +0.0100% | 4h | 0.005466 | −0.037% | $587K | $281K | 25x | as long as short |
| BingX PIXEL-USDT | +0.0100% | 4h | 0.005470 | +0.037% | — | $1.2M | — | as long as short |
BloFin PIXEL-USDT
Aster PIXELUSDT
Binance PIXELUSDT
Bybit PIXELUSDT
Gate PIXEL_USDT
MEXC PIXEL_USDT
Bitget PIXELUSDT
BingX PIXEL-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PIXEL | +0.0100% | 4h | 0.005470 | +0.043% | $1K | $497 | — | as long as short |
Variational Omni PIXEL