Funding you earn now, next payment 04:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.283%
Price spread now: BingX against Binance−0.111%7-day average −0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2462.458% of the position
Funding, last 7 days+0.807%+$81 on $10k
+Price spread, last 7 days−0.182%−$18 · spread now −0.111%, 7d avg −0.160%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.049% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.160%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPINUSDT | 0.0009040 | 0.0100 | pay 0.0050% / 4h | 1m 13s | $8.3M | $2.6M | 50x |
| Short | BingX XPIN-USDT | 0.0009030 | 0.0160 | get 0.0080% / 4h | 1m 13s | — | $6.5M | — |
Binance XPINUSDT
BingX XPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $12.6
- Price spread: −0.111% → −0.160%
- $4.94
- Slippage, 4 orders
- −$225.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$228.27
- Costs to cover
- 2.458%
- Break-even
- 133.8 days
Slippage from Binance: live order book, 8 min ago; BingX: live order book, 9 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 Binance live order book, 8 min ago | 5.52 bp | 57.1 bp −$57 | 404.4 bp −$4,044 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 5.53 bp | 54.7 bp −$55 | 203.7 bp −$2,037 | 749.3 bp −$74.9K | doesn't fit |
XPIN on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPIN-USDT | +0.0053% | 4h | 0.0009030 | −0.111% | $544K | $18K | 50x | as long as short |
| Aster XPINUSDT | +0.0100% | 4h | 0.0009007 | −0.371% | $27K | $24K | 5x | as long as short |
| Binance XPINUSDTlong | +0.0100% | 4h | 0.0009040 | long leg | $8.3M | $2.6M | 50x | |
| Gate XPIN_USDT | +0.0100% | 8h | 0.0009009 | −0.343% | $1.3M | $173K | 50x | as long as short |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0009040 | 0.000% | $378K | $132K | 100x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0008995 | −0.498% | $1.3M | $108K | 20x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0009050 | +0.111% | $1.3M | $339K | 50x | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0009011 | −0.322% | $472 | $4K | — | as long as short |
| Bybit XPINUSDT | +0.0131% | 4h | 0.0009023 | −0.188% | $2.5M | $790K | 20x | as long as short |
| BingX XPIN-USDTshort | +0.0160% | 4h | 0.0009030 | −0.111% | — | $6.5M | — |
BloFin XPIN-USDT
Aster XPINUSDT
Gate XPIN_USDT
MEXC XPIN_USDT
KuCoin XPINUSDTM
Bitget XPINUSDT
Variational Omni XPIN
Bybit XPINUSDT