Funding you earn now, next payment 00:00 UTC+0.0234%/8h= +25.7% APRnext payment +$1.17 per $10,000 · paid last 24h +0.348%
Price spread now: Bybit against Binance−0.282%7-day average −0.271% · you buy dearer than you sell
Net, funding: paid 7d − costs−$523as in the Funding arb table
Net, price: spread back to 7d avg − costs−$605as in the Price arb table
costs, in and out, $10k−$6046.041% of the position
Funding, last 7 days+0.814%+$81 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now −0.282%, 7d avg −0.271%
=The price spread sits at its 7-day average of −0.271%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPINUSDT | 0.0009105 | 0.0855 | pay 0.0428% / 4h | 7m 27s | $8.4M | $2.6M | 50x |
| Short | Bybit XPINUSDT | 0.0009079 | 0.1090 | get 0.0545% / 4h | 7m 27s | $2.5M | $770K | 20x |
Binance XPINUSDT
Bybit XPINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $49.22
- Price spread: −0.282% → −0.271%
- −$1.11
- Slippage, 4 orders
- −$583.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$556.02
- Costs to cover
- 6.041%
- Break-even
- 86.1 days
Slippage from Binance: live order book, 2 min ago; Bybit: live order book, 5 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, 2 min ago | 5.49 bp | 50.3 bp −$50 | 412.1 bp −$4,121 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.86 bp | 241.7 bp −$242 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPIN_USDT | +0.0100% | 8h | 0.0009066 | −0.425% | $1.3M | $171K | 50x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0009043 | −0.678% | $1.3M | $111K | 20x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0009102 | −0.030% | $1.2M | $380K | 50x | as long as short |
| Variational Omni XPIN | +0.0745% | 4h | 0.0009073 | −0.346% | $474 | $6K | — | as long as short |
| BloFin XPIN-USDT | +0.0776% | 4h | 0.0009110 | +0.058% | $550K | $18K | 50x | as long as short |
| MEXC XPIN_USDT | +0.0854% | 4h | 0.0009100 | −0.052% | $376K | $129K | 100x | as long as short |
| Binance XPINUSDTlong | +0.0855% | 4h | 0.0009105 | long leg | $8.4M | $2.6M | 50x | |
| Aster XPINUSDT | +0.0932% | 4h | 0.0009100 | −0.049% | $28K | $21K | 5x | as long as short |
| BingX XPIN-USDT | +0.0986% | 4h | 0.0009090 | −0.161% | — | $6.5M | — | as long as short |
| Bybit XPINUSDTshort | +0.1090% | 4h | 0.0009079 | −0.282% | $2.5M | $770K | 20x |
Gate XPIN_USDT
KuCoin XPINUSDTM
Bitget XPINUSDT
Variational Omni XPIN
BloFin XPIN-USDT
MEXC XPIN_USDT
Aster XPINUSDT
BingX XPIN-USDT