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

XPIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.275%
Price spread now: KuCoin against BingX+0.371%7-day average −0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$874as in the Funding arb table
Net, price: spread back to 7d avg − costs−$765as in the Price arb table
costs, in and out, $10k−$8148.144% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.595%−$59 on $10k
Price spread, last 7 days−0.392%−$39 · spread now +0.371%, 7d avg −0.125%
Together, before fees−0.987%−$99 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: KuCoin is 0.496% dearer against BingX than usual: you sell high and buy low, +$50 on $10k if it goes back to its 7-day average of −0.125%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XPIN-USDT0.00089000.0100pay 0.0050% / 4h40m 16s$6.5M
ShortKuCoin XPINUSDTM0.00089330.0100get 0.0050% / 4h40m 16s$1.3M$94K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.371% → −0.125%
$49.61
Slippage, 4 orders
−$792.45
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$764.84
Costs to cover
8.144%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 5 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, 10 min ago16.77 bp63.8 bp −$64196.8 bp −$1,968doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago21.76 bp234.6 bp −$235doesn'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+0.0082%4h0.0008940+0.449%$529K$17K50xas long as short
Aster XPINUSDT+0.0100%4h0.0008907+0.074%$27K$22K5xas long as short
Binance XPINUSDT+0.0100%4h0.0008915+0.169%$8.2M$2.2M50xas long as short
Bybit XPINUSDT+0.0100%4h0.0008890−0.112%$2.5M$632K20xas long as short
Gate XPIN_USDT+0.0100%8h0.0008904+0.045%$1.2M$152K50xas long as short
MEXC XPIN_USDT+0.0100%4h0.0008910+0.112%$390K$129K100xas long as short
KuCoin XPINUSDTMshort+0.0100%4h0.0008933+0.371%$1.3M$94K20x
Bitget XPINUSDT+0.0100%4h0.0008928+0.315%$1.2M$293K50xas long as short
BingX XPIN-USDTlong+0.0100%4h0.0008900long leg$6.5M
Variational Omni XPIN+0.0100%4h0.0008927+0.306%$468$4Kas long as short