Funding you earn now, next payment 12:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.118%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.118%, 7d avg +0.004%
=Funding pays, the price is against you. BloFin is 0.122% cheaper against Binance than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of +0.004%). If the spread goes back, that is −$12 on $10k: about 38 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.004% in total) that is about 7 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XAIUSDT | 0.007913 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $1.6M | $1.8M | 25x |
| Short | BloFin XAI-USDT | 0.007904 | 0.0111 | get 0.0055% / 4h | 3h 56m | $162K | $19K | 25x |
Binance XAIUSDT
BloFin XAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $2.23
- Price spread: −0.118% → +0.004%
- −$12.16
- Slippage, 4 orders
- −$83.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.05
- Costs to cover
- 1.051%
- Break-even
- 368.8 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 8 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 Binance live order book, 7 min ago | 1.26 bp | 28.1 bp −$28 | 125.6 bp −$1,256 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 1.90 bp | 22.7 bp −$23 | 62.9 bp −$629 | doesn't fit | doesn't fit |
XAI on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid XAI | +0.0100% | 1h | 0.007910 | −0.042% | $406K | $62K | 3x | as long as short |
| Aster XAIUSDT | +0.0100% | 4h | 0.007909 | −0.058% | $7K | $23K | 5x | as long as short |
| Binance XAIUSDTlong | +0.0100% | 4h | 0.007913 | long leg | $1.6M | $1.8M | 25x | |
| Bybit XAIUSDT | +0.0100% | 4h | 0.007910 | −0.042% | $696K | $380K | 25x | as long as short |
| Gate XAI_USDT | +0.0100% | 4h | 0.007910 | −0.042% | $78K | $36K | 50x | as long as short |
| MEXC XAI_USDT | +0.0100% | 4h | 0.007908 | −0.067% | $2.0M | $419K | 50x | as long as short |
| KuCoin XAIUSDTM | +0.0100% | 4h | 0.007900 | −0.168% | $167K | $44K | 25x | as long as short |
| Bitget XAIUSDT | +0.0100% | 4h | 0.007901 | −0.156% | $463K | $289K | 25x | as long as short |
| BingX XAI-USDT | +0.0100% | 4h | 0.007906 | −0.092% | — | $2.3M | — | as long as short |
| BloFin XAI-USDTshort | +0.0111% | 4h | 0.007904 | −0.118% | $162K | $19K | 25x |
Hyperliquid XAI
Aster XAIUSDT
Bybit XAIUSDT
Gate XAI_USDT
MEXC XAI_USDT
KuCoin XAIUSDTM
Bitget XAIUSDT
BingX XAI-USDT