Funding you earn now, next payment 12:00 UTC+0.0338%/8h= +37.0% APRnext payment +$1.69 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against Bitget−0.192%7-day average −0.391% · you buy dearer than you sell
Net, funding: paid 7d − costs−$580as in the Funding arb table
Net, price: spread back to 7d avg − costs−$593as in the Price arb table
costs, in and out, $10k−$6136.132% of the position
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.192%, 7d avg −0.391%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.199% dearer against Bitget than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.391%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPINUSDT | 0.0008859 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $1.2M | $284K | 50x |
| Short | KuCoin XPINUSDTM | 0.0008842 | 0.0438 | get 0.0219% / 4h | 3h 56m | $1.3M | $97K | 20x |
Bitget XPINUSDT
KuCoin XPINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $70.98
- Price spread: −0.192% → −0.391%
- $19.92
- Slippage, 4 orders
- −$589.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$522.29
- Costs to cover
- 6.132%
- Break-even
- 58.5 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 9 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 | 9.02 bp | 56.4 bp −$56 | 641.6 bp −$6,416 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 27.67 bp | 287.2 bp −$287 | 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 | +0.0050% | 4h | 0.0008850 | −0.102% | $530K | $16K | 50x | as long as short |
| Aster XPINUSDT | +0.0100% | 4h | 0.0008825 | −0.387% | $26K | $22K | 5x | as long as short |
| Binance XPINUSDT | +0.0100% | 4h | 0.0008843 | −0.176% | $8.2M | $2.2M | 50x | as long as short |
| Gate XPIN_USDT | +0.0100% | 8h | 0.0008828 | −0.350% | $1.2M | $150K | 50x | as long as short |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0008840 | −0.214% | $385K | $129K | 100x | as long as short |
| Bitget XPINUSDTlong | +0.0100% | 4h | 0.0008859 | long leg | $1.2M | $284K | 50x | |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008823 | −0.403% | $461 | $4K | — | as long as short |
| KuCoin XPINUSDTMshort | +0.0438% | 4h | 0.0008842 | −0.192% | $1.3M | $97K | 20x | |
| Bybit XPINUSDT | +0.2306% | 4h | 0.0008833 | −0.293% | $2.5M | $633K | 20x | as long as short |
| BingX XPIN-USDT | +0.5504% | 4h | 0.0008840 | −0.214% | — | $6.5M | — | as long as short |
BloFin XPIN-USDT
Aster XPINUSDT
Binance XPINUSDT
Gate XPIN_USDT
MEXC XPIN_USDT
Variational Omni XPIN
Bybit XPINUSDT
BingX XPIN-USDT