Last updated: August 25, 2026
For the legacy Pionex Spot-Futures Arbitrage Bot, do not calculate your close result as Arbitrage Profit minus Open Fee alone. The old interface’s Total Profit field was intended to combine funding income, opening or closing costs and the unrealized spot-futures price-gap effect.
Contents
What each legacy field represented
| Field | Meaning |
|---|---|
| Arbitrage Profit | Funding-fee income received by the hedged strategy |
| Open Fee or Fees | Cost associated with establishing the spot and futures positions |
| Unrealized Profit | Change caused by the spot-futures price gap relative to entry |
| Total Profit | The interface’s combined estimate of the result if the order closed then |
Subtracting Open Fee again from a Total Profit value that already incorporates costs would count the same cost twice. Read the field definitions for the exact order and use its close preview for the final estimate.
Why Arbitrage Profit is not the whole result
The legacy strategy held a spot asset and an offsetting short perpetual-futures position. Funding received by the short side created Arbitrage Profit, while the spot and futures prices could move apart. Opening and closing both sides also created trading costs. The combined result therefore depended on more than the funding payments.
A simple legacy reading order
- Use Arbitrage Profit to see accumulated funding income.
- Check the fee field for position-opening or estimated transaction costs.
- Check Unrealized Profit for the current price-gap effect.
- Use Total Profit and the closing preview to estimate the net result at that moment.
- After closing, use the settled account record as the final value.
The current product is different
Pionex upgraded the older bot into flexible Arbitrage products under Earn. Current products can have different reward, insurance-fund, redemption and fee rules. Pionex currently says funding-fee earnings are distributed every 8 hours, while the product detail page shows the applicable insurance withholding and release or redemption controls.
Use the current Pionex Arbitrage guide for a new or migrated order. For the separate risk question, read risks to review before using Spot-Futures Arbitrage.
Frequently asked questions
What did Arbitrage Profit mean in the legacy Pionex bot?
It represented funding-fee income credited while the spot and futures hedge was running.
Should I subtract Open Fee from Arbitrage Profit?
Do not calculate the close outcome from those two fields alone. The legacy interface’s Total Profit was designed to combine funding income, price-gap effects and fees.
What did Unrealized Profit mean?
It reflected the changing price gap between the spot asset and futures hedge relative to the opening state.
Which legacy field best estimated profit if I closed immediately?
The detailed legacy guide described Total Profit as the actual profit estimated if the order closed at that time.
Why can Total Profit be lower than Arbitrage Profit?
Opening or closing costs and an unfavorable spot-futures price gap can reduce the net result.
Is the legacy Spot-Futures Arbitrage Bot still the current Pionex product?
Pionex moved its arbitrage offering into flexible Earn products, so current accounts should use the labels and redemption preview shown in Earn.
How often do current Pionex Arbitrage products distribute earnings?
Pionex currently says arbitrage-product funding-fee earnings are distributed on an 8-hour schedule, subject to the product rules.
This article explains legacy and current display logic for informational purposes. Product terms and funding income can change, and no return is guaranteed.
