XAI

Alert: funding

Alert: spread

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: BingX against BloFin+0.076%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1071.074% of the position

Long on BloFin Short on BingX

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)−0.104%−$10 · spread now +0.076%, 7d avg +0.021%

Together, before fees−0.108%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.055% dearer against BloFin than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.021%): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 17 days. At the pace of the last 7 days (−0.004% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XAI-USDT	0.007904	0.0111	pay 0.0055% / 4h	3h 56m	$162K	$19K	25x
Short	BingX XAI-USDT	0.007910	0.0100	get 0.0050% / 4h	3h 56m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$2.23
Price spread: +0.076% → +0.021%: $5.47
Slippage, 4 orders: −$85.37
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$104.12
Costs to cover: 1.074%
Break-even: never at this rate

Slippage from BloFin: live order book, 8 min ago; BingX: live order book, 7 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, 8 min ago	1.90 bp	23.5 bp −$24	60.5 bp −$605	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	6.95 bp	30.9 bp −$31	74.4 bp −$744	589.3 bp −$58.9K	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	+0.076%	$406K	$62K	3x	as long as short
Aster XAIUSDT	+0.0100%	4h	0.007914	+0.127%	$7K	$23K	5x	as long as short
Binance XAIUSDT	+0.0100%	4h	0.007916	+0.152%	$1.6M	$1.8M	25x	as long as short
Bybit XAIUSDT	+0.0100%	4h	0.007910	+0.076%	$696K	$380K	25x	as long as short
Gate XAI_USDT	+0.0100%	4h	0.007910	+0.076%	$78K	$36K	50x	as long as short
MEXC XAI_USDT	+0.0100%	4h	0.007911	+0.089%	$2.0M	$419K	50x	as long as short
KuCoin XAIUSDTM	+0.0100%	4h	0.007900	−0.051%	$167K	$44K	25x	as long as short
Bitget XAIUSDT	+0.0100%	4h	0.007908	+0.051%	$464K	$289K	25x	as long as short
BingX XAI-USDTshort	+0.0100%	4h	0.007910	+0.076%	—	$2.3M	—
BloFin XAI-USDTlong	+0.0111%	4h	0.007904	long leg	$162K	$19K	25x