Funding you earn now, next payment 04:00 UTC−0.0594%/8h= −65.0% APRnext payment −$2.97 per $10,000 · paid last 24h −0.112%
Price spread now: Bitget against BingX−0.168%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1681.684% of the position
Funding, last 7 days−0.440%−$44 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.168%, 7d avg +0.047%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Bitget is 0.215% cheaper against BingX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XAN-USDT | 0.01253 | 0.0694 | pay 0.0347% / 4h | 3h 19m | — | $1.3M | — |
| Short | Bitget XANUSDT | 0.01251 | 0.0100 | get 0.0050% / 4h | 3h 19m | $414K | $147K | 50x |
BingX XAN-USDT
Bitget XANUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$124.74
- Price spread: −0.168% → +0.047%
- −$21.5
- Slippage, 4 orders
- −$146.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$314.6
- Costs to cover
- 1.684%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 46 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, 10 min ago | 6.36 bp | 41.4 bp −$41 | 196.9 bp −$1,969 | 1021.1 bp −$102.1K | 1301.9 bp −$651.0K |
| Sell Bitget live order book, 46 min ago | 8.78 bp | 47.6 bp −$48 | 367.7 bp −$3,677 | 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 | 0.01248 | −0.415% | $1.0M | $210K | 13x | as long as short |
| Gate XAN_USDT | +0.0100% | 4h | 0.01253 | +0.008% | $247K | $41K | 20x | as long as short |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01252 | −0.056% | $621K | $1.7M | 50x | as long as short |
| Bitget XANUSDTshort | +0.0100% | 4h | 0.01251 | −0.168% | $414K | $147K | 50x | |
| Variational Omni XAN | +0.0100% | 4h | 0.01252 | −0.076% | $7K | $2K | — | as long as short |
| BingX XAN-USDTlong | +0.0694% | 4h | 0.01253 | long leg | — | $1.3M | — | |
| MEXC XAN_USDT | +0.0720% | 4h | 0.01253 | −0.016% | $9.0M | $109K | 50x | as long as short |
| Binance XANUSDT | +0.0721% | 4h | 0.01250 | −0.276% | $2.1M | $1.4M | 50x | as long as short |
| Aster XANUSDT | +0.0849% | 4h | 0.01253 | −0.023% | $45K | $9K | 5x | as long as short |
Bybit XANUSDT
Gate XAN_USDT
KuCoin XANUSDTM
Variational Omni XAN
MEXC XAN_USDT
Binance XANUSDT
Aster XANUSDT