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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XPIN-USDT | 0.0008940 | 0.0100 | pay 0.0050% / 4h | 1h 43m | — | $6.5M | — |
| Short | Gate XPIN_USDT | 0.0008890 | 0.0100 | get 0.0100% / 8h | 1h 43m | $1.2M | $155K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 7 min ago | 16.83 bp | 70.6 bp −$71 | 228.9 bp −$2,289 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 14.60 bp | 237.9 bp −$238 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPIN-USDT | +0.0043% | 4h | 0.0008950 | +0.112% | $535K | $17K | 50x | as long as short |
| Aster XPINUSDT | +0.0100% | 4h | 0.0008938 | −0.019% | $27K | $22K | 5x | as long as short |
| Binance XPINUSDT | +0.0100% | 4h | 0.0008950 | +0.112% | $8.3M | $2.4M | 50x | as long as short |
| Bybit XPINUSDT | +0.0100% | 4h | 0.0008914 | −0.291% | $2.5M | $691K | 20x | as long as short |
| Gate XPIN_USDTshort | +0.0100% | 8h | 0.0008890 | −0.559% | $1.2M | $155K | 50x | |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0008940 | 0.000% | $385K | $130K | 100x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0008916 | −0.268% | $1.3M | $93K | 20x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0008979 | +0.436% | $1.2M | $319K | 50x | as long as short |
| BingX XPIN-USDTlong | +0.0100% | 4h | 0.0008940 | long leg | — | $6.5M | — | |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008895 | −0.498% | $466 | $4K | — | as long as short |
BingX XPIN-USDT
Gate XPIN_USDT
BloFin XPIN-USDT
Aster XPINUSDT
Binance XPINUSDT
Bybit XPINUSDT
MEXC XPIN_USDT
KuCoin XPINUSDTM
Bitget XPINUSDT
Variational Omni XPIN