Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.020%
Price spread now: Bitget against Gate−0.008%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$512as in the Funding arb table
Net, price: spread back to 7d avg − costs−$497as in the Price arb table
costs, in and out, $10k−$4984.976% of the position
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.008%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XAN_USDT | 0.01254 | 0.0124 | pay 0.0062% / 4h | 1h 08m | $249K | $33K | 20x |
| Short | Bitget XANUSDT | 0.01254 | 0.0100 | get 0.0050% / 4h | 1h 08m | $417K | $128K | 50x |
Gate XAN_USDT
Bitget XANUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- −$5.04
- Price spread: −0.008% → −0.011%
- $0.34
- Slippage, 4 orders
- −$470.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$502.32
- Costs to cover
- 4.976%
- Break-even
- never at this rate
Slippage from Gate: live order book, 28 min ago; Bitget: live order book, 28 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 Gate live order book, 28 min ago | 8.06 bp | 153.2 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 28 min ago | 8.05 bp | 37.4 bp −$37 | 404.9 bp −$4,049 | 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 | $214K | 13x | as long as short |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01257 | +0.191% | $619K | $1.8M | 50x | as long as short |
| Bitget XANUSDTshort | +0.0100% | 4h | 0.01254 | −0.008% | $417K | $128K | 50x | |
| Variational Omni XAN | +0.0100% | 4h | 0.01253 | −0.126% | $8K | $2K | — | as long as short |
| Gate XAN_USDTlong | +0.0124% | 4h | 0.01254 | long leg | $249K | $33K | 20x | |
| BingX XAN-USDT | +0.0588% | 4h | 0.01255 | +0.040% | — | $1.3M | — | as long as short |
| MEXC XAN_USDT | +0.0646% | 4h | 0.01256 | +0.104% | $9.1M | $119K | 50x | as long as short |
| Binance XANUSDT | +0.0651% | 4h | 0.01254 | −0.016% | $2.1M | $1.3M | 50x | as long as short |
| Aster XANUSDT | +0.0807% | 4h | 0.01253 | −0.112% | $45K | $9K | 5x | as long as short |
Bybit XANUSDT
KuCoin XANUSDTM
Variational Omni XAN
BingX XAN-USDT
MEXC XAN_USDT
Binance XANUSDT
Aster XANUSDT