XPIN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.33 per $10,000 · paid last 24h −0.283%

Price spread now: Binance against BingX+0.052%7-day average +0.160% · you sell dearer than you buy

Net, funding: paid 7d − costs−$326as in the Funding arb table

Net, price: spread back to 7d avg − costs−$257as in the Price arb table

costs, in and out, $10k−$2462.458% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.807%−$81 on $10k

Price spread, last 7 days+0.240%+$24 · spread now +0.052%, 7d avg +0.160%

Together, before fees−0.567%−$57 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.108% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.160%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX XPIN-USDT	0.0009030	0.0166	pay 0.0083% / 4h	3m 10s	—	$6.5M	—
Short	Binance XPINUSDT	0.0009035	0.0100	get 0.0050% / 4h	3m 10s	$8.3M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now +0.052%Rate

Funding earned: −$13.86
Price spread: +0.052% → +0.160%: −$10.79
Slippage, 4 orders: −$225.81
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$270.46
Costs to cover: 2.458%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Binance: live order book, 6 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 BingX live order book, 7 min ago	5.53 bp	67.8 bp −$68	213.9 bp −$2,139	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	5.52 bp	66.2 bp −$66	313.9 bp −$3,139	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
BloFin XPIN-USDT	+0.0059%	4h	0.0009050	+0.221%	$544K	$18K	50x	as long as short
Aster XPINUSDT	+0.0100%	4h	0.0008995	−0.385%	$27K	$24K	5x	as long as short
Binance XPINUSDTshort	+0.0100%	4h	0.0009035	+0.052%	$8.3M	$2.6M	50x
Gate XPIN_USDT	+0.0100%	8h	0.0009008	−0.244%	$1.3M	$173K	50x	as long as short
MEXC XPIN_USDT	+0.0100%	4h	0.0009030	0.000%	$378K	$132K	100x	as long as short
KuCoin XPINUSDTM	+0.0100%	4h	0.0008991	−0.432%	$1.3M	$108K	20x	as long as short
Bitget XPINUSDT	+0.0100%	4h	0.0009050	+0.221%	$1.3M	$339K	50x	as long as short
Variational Omni XPIN	+0.0100%	4h	0.0009011	−0.211%	$472	$4K	—	as long as short
Bybit XPINUSDT	+0.0150%	4h	0.0009012	−0.199%	$2.5M	$789K	20x	as long as short
BingX XPIN-USDTlong	+0.0166%	4h	0.0009030	long leg	—	$6.5M	—