Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h −0.072%
Price spread now: Bitget against BloFin−0.011%7-day average +0.138% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2162.160% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.011%, 7d avg +0.138%
=Funding pays, the price is against you. Bitget is 0.149% cheaper against BloFin than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.138%). If the spread goes back, that is −$15 on $10k: about 11 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XPIN-USDT | 0.0008970 | 0.0053 | pay 0.0026% / 4h | 42m 55s | $533K | $17K | 50x |
| Short | Bitget XPINUSDT | 0.0008969 | 0.0100 | get 0.0050% / 4h | 42m 55s | $1.2M | $293K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $9.94
- Price spread: −0.011% → +0.138%
- −$14.94
- Slippage, 4 orders
- −$192.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$221
- Costs to cover
- 2.160%
- Break-even
- 162.6 days
Slippage from BloFin: live order book, 38 min ago; Bitget: 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 BloFin live order book, 38 min ago | 11.17 bp | 44.6 bp −$45 | 188.1 bp −$1,881 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.25 bp | 69.3 bp −$69 | 408.3 bp −$4,083 | 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 | +0.0053% | 4h | 0.0008970 | long leg | $533K | $17K | 50x | |
| Aster XPINUSDT | +0.0100% | 4h | 0.0008933 | −0.412% | $27K | $22K | 5x | as long as short |
| Binance XPINUSDT | +0.0100% | 4h | 0.0008956 | −0.157% | $8.3M | $2.3M | 50x | as long as short |
| Bybit XPINUSDT | +0.0100% | 4h | 0.0008926 | −0.491% | $2.5M | $633K | 20x | as long as short |
| Gate XPIN_USDT | +0.0100% | 8h | 0.0008936 | −0.379% | $1.2M | $152K | 50x | as long as short |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0008950 | −0.223% | $392K | $129K | 100x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0008942 | −0.312% | $1.3M | $94K | 20x | as long as short |
| Bitget XPINUSDTshort | +0.0100% | 4h | 0.0008969 | −0.011% | $1.2M | $293K | 50x | |
| BingX XPIN-USDT | +0.0100% | 4h | 0.0008940 | −0.334% | — | $6.5M | — | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008937 | −0.365% | $468 | $4K | — | as long as short |
BloFin XPIN-USDT
Bitget XPINUSDT
Aster XPINUSDT
Binance XPINUSDT
Bybit XPINUSDT
Gate XPIN_USDT
MEXC XPIN_USDT
KuCoin XPINUSDTM
BingX XPIN-USDT
Variational Omni XPIN