Funding you earn now, next payment 04:00 UTC+0.0566%/8h= +62.0% APRnext payment +$2.83 per $10,000 · paid last 24h +0.112%
Price spread now: BingX against Bitget+0.137%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1731.727% of the position
Funding, last 7 days+0.440%+$44 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.137%, 7d avg −0.049%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BingX is 0.185% dearer against Bitget than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XANUSDT | 0.01244 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $410K | $142K | 50x |
| Short | BingX XAN-USDT | 0.01246 | 0.0666 | get 0.0333% / 4h | 2h 32m | — | $1.3M | — |
Bitget XANUSDT
BingX XAN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $118.86
- Price spread: +0.137% → −0.049%
- $18.52
- Slippage, 4 orders
- −$150.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$35.28
- Costs to cover
- 1.727%
- Break-even
- 9.1 days
Slippage from Bitget: live order book, 28 min ago; BingX: live order book, 4 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 Bitget live order book, 28 min ago | 8.81 bp | 44.5 bp −$44 | 365.2 bp −$3,652 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.63 bp | 38.0 bp −$38 | 133.8 bp −$1,338 | 1090.9 bp −$109.1K | 1338.9 bp −$669.4K |
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 | 0.01244 | −0.008% | $1.0M | $214K | 13x | as long as short |
| Gate XAN_USDT | +0.0100% | 4h | 0.01245 | +0.088% | $246K | $39K | 20x | as long as short |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01246 | +0.193% | $622K | $1.7M | 50x | as long as short |
| Bitget XANUSDTlong | +0.0100% | 4h | 0.01244 | long leg | $410K | $142K | 50x | |
| Variational Omni XAN | +0.0100% | 4h | 0.01243 | −0.120% | $7K | $2K | — | as long as short |
| BingX XAN-USDTshort | +0.0666% | 4h | 0.01246 | +0.137% | — | $1.3M | — | |
| MEXC XAN_USDT | +0.0720% | 4h | 0.01247 | +0.233% | $9.0M | $108K | 50x | as long as short |
| Binance XANUSDT | +0.0721% | 4h | 0.01247 | +0.209% | $2.1M | $1.4M | 50x | as long as short |
| Aster XANUSDT | +0.0866% | 4h | 0.01245 | +0.078% | $45K | $9K | 5x | as long as short |
Bybit XANUSDT
Gate XAN_USDT
KuCoin XANUSDTM
Variational Omni XAN
MEXC XAN_USDT
Binance XANUSDT
Aster XANUSDT