Funding you earn now, next payment 04:00 UTC+0.0794%/8h= +86.9% APRnext payment +$3.97 per $10,000 · paid last 24h +0.353%
Price spread now: BingX against Bitget−0.100%7-day average −0.268% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$3193.186% of the position
Funding, last 7 days+0.929%+$93 on $10k
+Price spread, last 7 days−0.233%−$23 · spread now −0.100%, 7d avg −0.268%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BingX is 0.168% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.268%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPINUSDT | 0.0009009 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $1.2M | $362K | 50x |
| Short | BingX XPIN-USDT | 0.0009000 | 0.0894 | get 0.0447% / 4h | 1h 42m | — | $6.5M | — |
Bitget XPINUSDT
BingX XPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $166.74
- Price spread: −0.100% → −0.268%
- $16.79
- Slippage, 4 orders
- −$296.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$135.07
- Costs to cover
- 3.186%
- Break-even
- 12.7 days
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 7 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 Bitget live order book, 3 min ago | 11.70 bp | 82.2 bp −$82 | 576.0 bp −$5,760 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 16.68 bp | 78.0 bp −$78 | 233.4 bp −$2,334 | 726.8 bp −$72.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPIN_USDT | +0.0100% | 8h | 0.0008970 | −0.433% | $1.2M | $178K | 50x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0008956 | −0.588% | $1.3M | $109K | 20x | as long as short |
| Bitget XPINUSDTlong | +0.0100% | 4h | 0.0009009 | long leg | $1.2M | $362K | 50x | |
| Variational Omni XPIN | +0.0363% | 4h | 0.0008983 | −0.284% | $470 | $5K | — | as long as short |
| Aster XPINUSDT | +0.0665% | 4h | 0.0008996 | −0.142% | $27K | $24K | 5x | as long as short |
| Bybit XPINUSDT | +0.0738% | 4h | 0.0008972 | −0.411% | $2.5M | $796K | 20x | as long as short |
| Binance XPINUSDT | +0.0870% | 4h | 0.0008998 | −0.125% | $8.3M | $2.6M | 50x | as long as short |
| MEXC XPIN_USDT | +0.0886% | 4h | 0.0008990 | −0.211% | $365K | $128K | 100x | as long as short |
| BingX XPIN-USDTshort | +0.0894% | 4h | 0.0009000 | −0.100% | — | $6.5M | — | |
| BloFin XPIN-USDT | +0.0905% | 4h | 0.0009010 | +0.011% | $551K | $18K | 50x | as long as short |
Gate XPIN_USDT
KuCoin XPINUSDTM
Variational Omni XPIN
Aster XPINUSDT
Bybit XPINUSDT
Binance XPINUSDT
MEXC XPIN_USDT
BloFin XPIN-USDT