XAI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h +0.001%

Price spread now: Binance against BloFin−0.202%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1001.000% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.202%, 7d avg −0.002%

Together, before fees+0.149%+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.199% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.002%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XAI-USDT	0.007929	0.0144	pay 0.0072% / 4h	2h 17m	$159K	$20K	25x
Short	Binance XAIUSDT	0.007913	0.0100	get 0.0050% / 4h	2h 17m	$1.5M	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now −0.202%Rate

Funding earned: −$9.25
Price spread: −0.202% → −0.002%: −$19.95
Slippage, 4 orders: −$77.98
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$129.18
Costs to cover: 1.000%
Break-even: never at this rate

Slippage from BloFin: live order book, 63 min ago; Binance: live order book, 2 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 BloFin live order book, 63 min ago	4.38 bp	24.6 bp −$25	58.7 bp −$587	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	4.41 bp	24.7 bp −$25	100.5 bp −$1,005	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	−0.240%	$405K	$64K	3x	as long as short
Aster XAIUSDT	+0.0100%	4h	0.007911	−0.230%	$5K	$20K	5x	as long as short
Binance XAIUSDTshort	+0.0100%	4h	0.007913	−0.202%	$1.5M	$2.0M	25x
Bybit XAIUSDT	+0.0100%	4h	0.007909	−0.252%	$656K	$394K	25x	as long as short
Gate XAI_USDT	+0.0100%	4h	0.007923	−0.076%	$78K	$40K	50x	as long as short
MEXC XAI_USDT	+0.0100%	4h	0.007918	−0.139%	$1.9M	$437K	50x	as long as short
KuCoin XAIUSDTM	+0.0100%	4h	0.007940	+0.139%	$179K	$49K	25x	as long as short
Bitget XAIUSDT	+0.0100%	4h	0.007916	−0.164%	$450K	$269K	25x	as long as short
BingX XAI-USDT	+0.0100%	4h	0.007918	−0.139%	—	$2.3M	—	as long as short
BloFin XAI-USDTlong	+0.0144%	4h	0.007929	long leg	$159K	$20K	25x