Settings8H · net · $10k
Funding arb · Price arb /

XAI

all XAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin+0.191%75s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1031.028% of the position
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)−0.211%−$21 · spread now +0.191%, 7d avg +0.008%
Together, before fees−0.215%−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.183% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.008%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XAI-USDT0.0078510.0074pay 0.0037% / 4h2h 22m$159K$20K25x
ShortBitget XAIUSDT0.0078660.0100get 0.0050% / 4h2h 22m$447K$269K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$5.56
Price spread: +0.191% → +0.008%
$18.31
Slippage, 4 orders
−$78.78
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$78.91
Costs to cover
1.028%
Break-even
106.4 days
Slippage from BloFin: live order book, 58 min ago; Bitget: live order book, 19 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 58 min ago4.38 bp24.6 bp −$2558.7 bp −$587doesn't fitdoesn't fit
Sell Bitget live order book, 19 min ago12.69 bp23.5 bp −$2477.2 bp −$772doesn't fitdoesn't fit

XAI on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XAI-USDTlong+0.0074%4h0.007851long leg$159K$20K25x
Bybit XAIUSDT+0.0079%4h0.007861+0.127%$654K$397K25xas long as short
Hyperliquid XAI+0.0100%1h0.007860+0.115%$402K$63K3xas long as short
Aster XAIUSDT+0.0100%4h0.007866+0.194%$5K$20K5xas long as short
Binance XAIUSDT+0.0100%4h0.007869+0.224%$1.5M$2.0M25xas long as short
Gate XAI_USDT+0.0100%4h0.007860+0.115%$77K$40K50xas long as short
MEXC XAI_USDT+0.0100%4h0.007862+0.140%$1.9M$437K50xas long as short
KuCoin XAIUSDTM+0.0100%4h0.007880+0.369%$177K$49K25xas long as short
Bitget XAIUSDTshort+0.0100%4h0.007866+0.191%$447K$269K25x
BingX XAI-USDT+0.0100%4h0.007865+0.178%$2.3Mas long as short