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

XAI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.11 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Bybit+0.126%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1791.790% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.126%, 7d avg −0.027%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.153% dearer against Bybit than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of −0.027%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 24 days. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XAIUSDT0.0079110.0100pay 0.0050% / 4h2h 14m$659K$396K25x
ShortBloFin XAI-USDT0.0079210.0079get 0.0039% / 4h2h 14m$159K$20K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
−$4.49
Price spread: +0.126% → −0.027%
$15.31
Slippage, 4 orders
−$155.98
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$168.16
Costs to cover
1.790%
Break-even
never at this rate
Slippage from Bybit: live order book, 25 min ago; BloFin: live order book, 65 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 Bybit live order book, 25 min ago4.44 bp62.7 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 65 min ago4.38 bp22.7 bp −$2362.5 bp −$625doesn'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-USDTshort+0.0079%4h0.007921+0.126%$159K$20K25x
Hyperliquid XAI+0.0100%1h0.007910−0.013%$405K$64K3xas long as short
Aster XAIUSDT+0.0100%4h0.007911+0.003%$5K$20K5xas long as short
Binance XAIUSDT+0.0100%4h0.007920+0.108%$1.5M$2.0M25xas long as short
Bybit XAIUSDTlong+0.0100%4h0.007911long leg$659K$396K25x
Gate XAI_USDT+0.0100%4h0.007910−0.013%$78K$41K50xas long as short
MEXC XAI_USDT+0.0100%4h0.007922+0.139%$1.9M$437K50xas long as short
KuCoin XAIUSDTM+0.0100%4h0.007920+0.114%$178K$49K25xas long as short
Bitget XAIUSDT+0.0100%4h0.007916+0.063%$450K$269K25xas long as short
BingX XAI-USDT+0.0100%4h0.007915+0.051%$2.3Mas long as short