Funding you earn now, next payment 00:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BingX+0.040%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1811.808% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days0.000%$0 · spread now +0.040%, 7d avg +0.087%
=Funding pays, the price is against you. Binance is 0.047% cheaper against BingX than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.087%). If the spread goes back, that is −$5 on $10k: about 8.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.017% in total) that is about 20 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XAN-USDT | 0.01254 | 0.0536 | pay 0.0268% / 4h | 8m 08s | — | $1.3M | — |
| Short | Binance XANUSDT | 0.01254 | 0.0555 | get 0.0278% / 4h | 8m 08s | $2.1M | $1.4M | 50x |
BingX XAN-USDT
Binance XANUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $4.08
- Price spread: +0.040% → +0.087%
- −$4.73
- Slippage, 4 orders
- −$160.83
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$181.48
- Costs to cover
- 1.808%
- Break-even
- 318.2 days
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 11 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 BingX live order book, 8 min ago | 5.19 bp | 52.7 bp −$53 | 200.7 bp −$2,007 | 1034.8 bp −$103.5K | 1329.7 bp −$664.8K |
| Sell Binance live order book, 11 min ago | 1.99 bp | 46.6 bp −$47 | 254.1 bp −$2,541 | doesn't fit | doesn't fit |
XAN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XANUSDT | +0.0100% | 4h | 0.01253 | −0.072% | $1.0M | $213K | 13x | as long as short |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01255 | +0.088% | $620K | $1.7M | 50x | as long as short |
| Bitget XANUSDT | +0.0100% | 4h | 0.01253 | −0.064% | $416K | $160K | 50x | as long as short |
| Variational Omni XAN | +0.0100% | 4h | 0.01253 | −0.106% | $7K | $2K | — | as long as short |
| Gate XAN_USDT | +0.0276% | 4h | 0.01254 | −0.016% | $248K | $46K | 20x | as long as short |
| BingX XAN-USDTlong | +0.0536% | 4h | 0.01254 | long leg | — | $1.3M | — | |
| Binance XANUSDTshort | +0.0555% | 4h | 0.01254 | +0.040% | $2.1M | $1.4M | 50x | |
| MEXC XAN_USDT | +0.0556% | 4h | 0.01255 | +0.040% | $9.0M | $110K | 50x | as long as short |
| Aster XANUSDT | +0.0653% | 4h | 0.01254 | +0.024% | $45K | $9K | 5x | as long as short |
Bybit XANUSDT
KuCoin XANUSDTM
Bitget XANUSDT
Variational Omni XAN
Gate XAN_USDT
MEXC XAN_USDT
Aster XANUSDT