XAN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0530%/8h= +58.1% APRnext payment +$2.65 per $10,000 · paid last 24h +0.117%

Price spread now: Binance against Bybit+0.088%7-day average +0.195% · you sell dearer than you buy

Net, funding: paid 7d − costs−$614as in the Funding arb table

Net, price: spread back to 7d avg − costs−$670as in the Price arb table

costs, in and out, $10k−$6596.595% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.458%+$46 on $10k

Price spread, last 7 days+0.098%+$10 · spread now +0.088%, 7d avg +0.195%

Together, before fees+0.556%+$56 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.107% cheaper against Bybit than usual: you would sell low and buy high (spread +0.088% now, against its 7-day average of +0.195%). If the spread goes back, that is −$11 on $10k: about 16 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.458% in total) that is about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XANUSDT	0.01245	0.0100	pay 0.0050% / 4h	0m 58s	$1.0M	$211K	13x
Short	Binance XANUSDT	0.01246	0.0630	get 0.0315% / 4h	0m 58s	$2.1M	$1.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.088%Rate

Funding earned: $111.34
Price spread: +0.088% → +0.195%: −$10.7
Slippage, 4 orders: −$638.48
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$558.85
Costs to cover: 6.595%
Break-even: 42.1 days

Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 3 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 Bybit live order book, 4 min ago	5.23 bp	295.6 bp −$296	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	0.80 bp	49.3 bp −$49	306.3 bp −$3,063	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 XANUSDTlong	+0.0100%	4h	0.01245	long leg	$1.0M	$211K	13x
Gate XAN_USDT	+0.0100%	4h	0.01246	+0.129%	$248K	$34K	20x	as long as short
KuCoin XANUSDTM	+0.0100%	4h	0.01246	+0.072%	$614K	$1.7M	50x	as long as short
Bitget XANUSDT	+0.0100%	4h	0.01245	+0.040%	$416K	$124K	50x	as long as short
Variational Omni XAN	+0.0100%	4h	0.01244	−0.009%	$7K	$2K	—	as long as short
BingX XAN-USDT	+0.0616%	4h	0.01246	+0.096%	—	$1.3M	—	as long as short
Binance XANUSDTshort	+0.0630%	4h	0.01246	+0.088%	$2.1M	$1.4M	50x
MEXC XAN_USDT	+0.0632%	4h	0.01246	+0.121%	$9.0M	$111K	50x	as long as short
Aster XANUSDT	+0.0853%	4h	0.01246	+0.088%	$45K	$8K	5x	as long as short