Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Bitget−0.362%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$1941.939% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)+0.372%+$37 · spread now −0.362%, 7d avg −0.138%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.224% cheaper against Bitget than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.138%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.121%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPINUSDT | 0.0008842 | 0.0100 | pay 0.0050% / 4h | 1m 19s | $1.2M | $290K | 50x |
| Short | BloFin XPIN-USDT | 0.0008810 | 0.0075 | get 0.0038% / 4h | 1m 19s | $525K | $16K | 50x |
Bitget XPINUSDT
BloFin XPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$5.17
- Price spread: −0.362% → −0.138%
- −$22.37
- Slippage, 4 orders
- −$169.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$221.44
- Costs to cover
- 1.939%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 15 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, 5 min ago | 7.32 bp | 58.7 bp −$59 | 562.7 bp −$5,627 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 16.94 bp | 44.8 bp −$45 | 122.6 bp −$1,226 | 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-USDTshort | +0.0075% | 4h | 0.0008810 | −0.362% | $525K | $16K | 50x | |
| Aster XPINUSDT | +0.0100% | 4h | 0.0008807 | −0.398% | $26K | $22K | 5x | as long as short |
| Binance XPINUSDT | +0.0100% | 4h | 0.0008840 | −0.024% | $8.2M | $2.3M | 50x | as long as short |
| Gate XPIN_USDT | +0.0100% | 8h | 0.0008798 | −0.498% | $1.2M | $160K | 50x | as long as short |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0008830 | −0.136% | $384K | $132K | 100x | as long as short |
| Bitget XPINUSDTlong | +0.0100% | 4h | 0.0008842 | long leg | $1.2M | $290K | 50x | |
| BingX XPIN-USDT | +0.0100% | 4h | 0.0008830 | −0.136% | — | $6.5M | — | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008835 | −0.081% | $463 | $4K | — | as long as short |
| Bybit XPINUSDT | +0.0130% | 4h | 0.0008833 | −0.102% | $2.5M | $627K | 20x | as long as short |
| KuCoin XPINUSDTM | +0.0382% | 4h | 0.0008813 | −0.328% | $1.3M | $97K | 20x | as long as short |
Aster XPINUSDT
Binance XPINUSDT
Gate XPIN_USDT
MEXC XPIN_USDT
BingX XPIN-USDT
Variational Omni XPIN
Bybit XPINUSDT
KuCoin XPINUSDTM