Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Binance−0.058%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1701.699% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.058%, 7d avg −0.059%
=The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: $0 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 | 0.0009135 | 0.1290 | pay 0.0645% / 4h | 2h 24m | $8.4M | $2.6M | 50x |
| Short | MEXC XPIN_USDT | 0.0009130 | 0.1280 | get 0.0640% / 4h | 2h 24m | $378K | $128K | 100x |
Binance XPINUSDT
MEXC XPIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$2.17
- Price spread: −0.058% → −0.059%
- $0.07
- Slippage, 4 orders
- −$155.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$172.03
- Costs to cover
- 1.699%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 26 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, 15 min ago | 5.51 bp | 64.3 bp −$64 | 382.6 bp −$3,826 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 26 min ago | 5.50 bp | 23.0 bp −$23 | 150.3 bp −$1,503 | 373.6 bp −$37.4K | 652.2 bp −$326.1K |
XPIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPIN_USDT | +0.0100% | 8h | 0.0009105 | −0.332% | $1.3M | $170K | 50x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0009105 | −0.332% | $1.3M | $104K | 20x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0009100 | −0.386% | $1.2M | $357K | 50x | as long as short |
| Variational Omni XPIN | +0.0881% | 4h | 0.0009121 | −0.157% | $476 | $5K | — | as long as short |
| Aster XPINUSDT | +0.1217% | 4h | 0.0009082 | −0.578% | $28K | $23K | 5x | as long as short |
| MEXC XPIN_USDTshort | +0.1280% | 4h | 0.0009130 | −0.058% | $378K | $128K | 100x | |
| Binance XPINUSDTlong | +0.1290% | 4h | 0.0009135 | long leg | $8.4M | $2.6M | 50x | |
| BingX XPIN-USDT | +0.1354% | 4h | 0.0009120 | −0.167% | — | $6.5M | — | as long as short |
| Bybit XPINUSDT | +0.1566% | 4h | 0.0009116 | −0.211% | $2.5M | $771K | 20x | as long as short |
Gate XPIN_USDT
KuCoin XPINUSDTM
Bitget XPINUSDT
Variational Omni XPIN
Aster XPINUSDT
BingX XPIN-USDT
Bybit XPINUSDT