Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.326%
Price spread now: Gate against Bybit−0.033%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,076as in the Price arb table
costs, in and out, $10k−$1,08810.880% of the position
Funding, last 7 days−0.949%−$95 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now −0.033%, 7d avg −0.155%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.122% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.155%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XPINUSDT | 0.0008989 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $2.5M | $723K | 20x |
| Short | Gate XPIN_USDT | 0.0008986 | 0.0100 | get 0.0100% / 8h | 3h 12m | $1.3M | $160K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: −0.033% → −0.155%
- $12.19
- Slippage, 4 orders
- −$1,061.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,075.78
- Costs to cover
- 10.880%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: 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 Bybit live order book, 4 min ago | 7.23 bp | 270.6 bp −$271 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 16.67 bp | 321.7 bp −$322 | 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 | +0.0052% | 4h | 0.0009000 | +0.122% | $542K | $18K | 50x | as long as short |
| Aster XPINUSDT | +0.0100% | 4h | 0.0008983 | −0.068% | $27K | $24K | 5x | as long as short |
| Binance XPINUSDT | +0.0100% | 4h | 0.0009015 | +0.287% | $8.3M | $2.4M | 50x | as long as short |
| Bybit XPINUSDTlong | +0.0100% | 4h | 0.0008989 | long leg | $2.5M | $723K | 20x | |
| Gate XPIN_USDTshort | +0.0100% | 8h | 0.0008986 | −0.033% | $1.3M | $160K | 50x | |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0009010 | +0.234% | $377K | $130K | 100x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0008987 | −0.022% | $1.3M | $96K | 20x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0009027 | +0.423% | $1.2M | $330K | 50x | as long as short |
| BingX XPIN-USDT | +0.0100% | 4h | 0.0009000 | +0.122% | — | $6.5M | — | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008992 | +0.033% | $471 | $4K | — | as long as short |
Bybit XPINUSDT
Gate XPIN_USDT
BloFin XPIN-USDT
Aster XPINUSDT
Binance XPINUSDT
MEXC XPIN_USDT
KuCoin XPINUSDTM
Bitget XPINUSDT
BingX XPIN-USDT
Variational Omni XPIN