Funding you earn now, next payment 04:00 UTC−0.0169%/8h= −18.6% APRnext payment −$0.85 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against Binance−0.322%7-day average −0.280% · you buy dearer than you sell
Net, funding: paid 7d − costs−$654as in the Funding arb table
Net, price: spread back to 7d avg − costs−$684as in the Price arb table
costs, in and out, $10k−$6796.793% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now −0.322%, 7d avg −0.280%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.043% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.280%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.258%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPINUSDT | 0.0008995 | 0.0269 | pay 0.0135% / 4h | 41m 37s | $8.3M | $2.7M | 50x |
| Short | KuCoin XPINUSDTM | 0.0008966 | 0.0100 | get 0.0050% / 4h | 41m 37s | $1.3M | $114K | 20x |
Binance XPINUSDT
KuCoin XPINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$35.58
- Price spread: −0.322% → −0.280%
- −$4.28
- Slippage, 4 orders
- −$657.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$719.15
- Costs to cover
- 6.793%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; KuCoin: 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 Binance live order book, 13 min ago | 5.52 bp | 62.2 bp −$62 | 388.4 bp −$3,884 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 19.53 bp | 368.9 bp −$369 | 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 | 0.0008970 | −0.278% | $1.2M | $171K | 50x | as long as short |
| KuCoin XPINUSDTMshort | +0.0100% | 4h | 0.0008966 | −0.322% | $1.3M | $114K | 20x | |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0008990 | −0.056% | $1.2M | $344K | 50x | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008954 | −0.452% | $468 | $4K | — | as long as short |
| Aster XPINUSDT | +0.0159% | 4h | 0.0008967 | −0.317% | $27K | $24K | 5x | as long as short |
| Bybit XPINUSDT | +0.0197% | 4h | 0.0008963 | −0.356% | $2.5M | $800K | 20x | as long as short |
| Binance XPINUSDTlong | +0.0269% | 4h | 0.0008995 | long leg | $8.3M | $2.7M | 50x | |
| MEXC XPIN_USDT | +0.0284% | 4h | 0.0008990 | −0.056% | $373K | $129K | 100x | as long as short |
| BloFin XPIN-USDT | +0.0304% | 4h | 0.0008960 | −0.389% | $552K | $18K | 50x | as long as short |
| BingX XPIN-USDT | +0.0316% | 4h | 0.0008980 | −0.167% | — | $6.5M | — | as long as short |
Gate XPIN_USDT
Bitget XPINUSDT
Variational Omni XPIN
Aster XPINUSDT
Bybit XPINUSDT
MEXC XPIN_USDT
BloFin XPIN-USDT
BingX XPIN-USDT