Settings8H · net · $10k
Funding arb · Price arb /

XPIN

all XPIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.301%
Price spread now: Gate against BingX−0.559%7-day average −0.272% · you buy dearer than you sell
Net, funding: paid 7d − costs−$798as in the Funding arb table
Net, price: spread back to 7d avg − costs−$734as in the Price arb table
costs, in and out, $10k−$7057.050% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.932%−$93 on $10k
Price spread, last 7 days+0.431%+$43 · spread now −0.559%, 7d avg −0.272%
Together, before fees−0.501%−$50 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.288% cheaper against BingX than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.272%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XPIN-USDT0.00089400.0100pay 0.0050% / 4h1h 43m$6.5M
ShortGate XPIN_USDT0.00088900.0100get 0.0100% / 8h1h 43m$1.2M$155K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$0
Price spread: −0.559% → −0.272%
−$28.77
Slippage, 4 orders
−$679.95
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$733.72
Costs to cover
7.050%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago16.83 bp70.6 bp −$71228.9 bp −$2,289doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago14.60 bp237.9 bp −$238doesn't fitdoesn't fitdoesn't fit

XPIN on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XPIN-USDT+0.0043%4h0.0008950+0.112%$535K$17K50xas long as short
Aster XPINUSDT+0.0100%4h0.0008938−0.019%$27K$22K5xas long as short
Binance XPINUSDT+0.0100%4h0.0008950+0.112%$8.3M$2.4M50xas long as short
Bybit XPINUSDT+0.0100%4h0.0008914−0.291%$2.5M$691K20xas long as short
Gate XPIN_USDTshort+0.0100%8h0.0008890−0.559%$1.2M$155K50x
MEXC XPIN_USDT+0.0100%4h0.00089400.000%$385K$130K100xas long as short
KuCoin XPINUSDTM+0.0100%4h0.0008916−0.268%$1.3M$93K20xas long as short
Bitget XPINUSDT+0.0100%4h0.0008979+0.436%$1.2M$319K50xas long as short
BingX XPIN-USDTlong+0.0100%4h0.0008940long leg$6.5M
Variational Omni XPIN+0.0100%4h0.0008895−0.498%$466$4Kas long as short