Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.278%
Price spread now: BingX against BloFin−0.110%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2142.136% of the position
Funding, last 7 days+0.803%+$80 on $10k
+Price spread, last 4 days (all we have)−0.285%−$29 · spread now −0.110%, 7d avg −0.101%
=The price spread sits at its 7-day average of −0.101%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XPIN-USDT | 0.0009050 | 0.0059 | pay 0.0029% / 4h | 3h 55m | $546K | $18K | 50x |
| Short | BingX XPIN-USDT | 0.0009040 | 0.0100 | get 0.0050% / 4h | 3h 55m | — | $6.5M | — |
BloFin XPIN-USDT
BingX XPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $8.68
- Price spread: −0.110% → −0.101%
- −$0.97
- Slippage, 4 orders
- −$191.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$205.92
- Costs to cover
- 2.136%
- Break-even
- 173.0 days
Slippage from BloFin: live order book, 41 min ago; BingX: live order book, 5 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, 41 min ago | 5.56 bp | 45.9 bp −$46 | 200.8 bp −$2,008 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 11.07 bp | 58.9 bp −$59 | 193.6 bp −$1,936 | 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 | +0.0059% | 4h | 0.0009050 | long leg | $546K | $18K | 50x | |
| Aster XPINUSDT | +0.0100% | 4h | 0.0009020 | −0.330% | $27K | $24K | 5x | as long as short |
| Binance XPINUSDT | +0.0100% | 4h | 0.0009050 | 0.000% | $8.4M | $2.6M | 50x | as long as short |
| Bybit XPINUSDT | +0.0100% | 4h | 0.0009025 | −0.276% | $2.5M | $787K | 20x | as long as short |
| Gate XPIN_USDT | +0.0100% | 8h | 0.0009014 | −0.398% | $1.3M | $159K | 50x | as long as short |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0009050 | 0.000% | $379K | $127K | 100x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0009006 | −0.486% | $1.3M | $108K | 20x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0009052 | +0.022% | $1.3M | $344K | 50x | as long as short |
| BingX XPIN-USDTshort | +0.0100% | 4h | 0.0009040 | −0.110% | — | $6.5M | — | |
| Variational Omni XPIN | +0.0100% | 4h | 0.0009015 | −0.388% | $472 | $4K | — | as long as short |
Aster XPINUSDT
Binance XPINUSDT
Bybit XPINUSDT
Gate XPIN_USDT
MEXC XPIN_USDT
KuCoin XPINUSDTM
Bitget XPINUSDT
Variational Omni XPIN