Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against BloFin+0.151%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$2012.005% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.378%−$38 · spread now +0.151%, 7d avg −0.019%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.170% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XPIN-USDT | 0.0008990 | 0.0085 | pay 0.0043% / 4h | 2h 55m | $393K | $18K | 50x |
| Short | Binance XPINUSDT | 0.0009004 | 0.0100 | get 0.0050% / 4h | 2h 55m | $8.3M | $2.4M | 50x |
BloFin XPIN-USDT
Binance XPINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $3.11
- Price spread: +0.151% → −0.019%
- $16.99
- Slippage, 4 orders
- −$178.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$180.42
- Costs to cover
- 2.005%
- Break-even
- 413.2 days
Slippage from BloFin: live order book, 36 min ago; Binance: live order book, 14 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 BloFin live order book, 36 min ago | 5.53 bp | 33.2 bp −$33 | 207.9 bp −$2,079 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 5.56 bp | 57.8 bp −$58 | 291.2 bp −$2,912 | 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-USDTlong | +0.0085% | 4h | 0.0008990 | long leg | $393K | $18K | 50x | |
| Aster XPINUSDT | +0.0100% | 4h | 0.0008957 | −0.373% | $27K | $24K | 5x | as long as short |
| Binance XPINUSDTshort | +0.0100% | 4h | 0.0009004 | +0.151% | $8.3M | $2.4M | 50x | |
| Bybit XPINUSDT | +0.0100% | 4h | 0.0008984 | −0.067% | $2.5M | $706K | 20x | as long as short |
| Gate XPIN_USDT | +0.0100% | 8h | 0.0008986 | −0.044% | $1.2M | $156K | 50x | as long as short |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0008980 | −0.111% | $376K | $127K | 100x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0008945 | −0.501% | $1.3M | $95K | 20x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0009034 | +0.489% | $1.2M | $321K | 50x | as long as short |
| BingX XPIN-USDT | +0.0100% | 4h | 0.0009000 | +0.111% | — | $6.5M | — | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008946 | −0.490% | $468 | $4K | — | as long as short |
Aster XPINUSDT
Bybit XPINUSDT
Gate XPIN_USDT
MEXC XPIN_USDT
KuCoin XPINUSDTM
Bitget XPINUSDT
BingX XPIN-USDT
Variational Omni XPIN