Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.326%
Price spread now: Bybit against Bitget−0.425%7-day average −0.385% · you buy dearer than you sell
Net, funding: paid 7d − costs−$570as in the Funding arb table
Net, price: spread back to 7d avg − costs−$669as in the Price arb table
costs, in and out, $10k−$6656.650% of the position
Funding, last 7 days+0.949%+$95 on $10k
+Price spread, last 7 days+0.164%+$16 · spread now −0.425%, 7d avg −0.385%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.040% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.385%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPINUSDT | 0.0008946 | 0.0100 | pay 0.0050% / 4h | 59m 12s | $1.2M | $294K | 50x |
| Short | Bybit XPINUSDT | 0.0008908 | 0.0100 | get 0.0050% / 4h | 59m 12s | $2.5M | $644K | 20x |
Bitget XPINUSDT
Bybit XPINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.425% → −0.385%
- −$4
- Slippage, 4 orders
- −$641.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$668.97
- Costs to cover
- 6.650%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 3 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, 2 min ago | 8.94 bp | 69.8 bp −$70 | 601.7 bp −$6,017 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.62 bp | 218.5 bp −$219 | 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 | +0.0079% | 4h | 0.0008960 | +0.156% | $532K | $17K | 50x | as long as short |
| Aster XPINUSDT | +0.0100% | 4h | 0.0008938 | −0.086% | $27K | $22K | 5x | as long as short |
| Binance XPINUSDT | +0.0100% | 4h | 0.0008940 | −0.067% | $8.3M | $2.3M | 50x | as long as short |
| Bybit XPINUSDTshort | +0.0100% | 4h | 0.0008908 | −0.425% | $2.5M | $644K | 20x | |
| Gate XPIN_USDT | +0.0100% | 8h | 0.0008890 | −0.626% | $1.2M | $152K | 50x | as long as short |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0008940 | −0.067% | $391K | $128K | 100x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0008925 | −0.235% | $1.3M | $96K | 20x | as long as short |
| Bitget XPINUSDTlong | +0.0100% | 4h | 0.0008946 | long leg | $1.2M | $294K | 50x | |
| BingX XPIN-USDT | +0.0100% | 4h | 0.0008930 | −0.179% | — | $6.5M | — | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008900 | −0.515% | $466 | $4K | — | as long as short |
BloFin XPIN-USDT
Aster XPINUSDT
Binance XPINUSDT
Gate XPIN_USDT
MEXC XPIN_USDT
KuCoin XPINUSDTM
BingX XPIN-USDT
Variational Omni XPIN