Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.209%
Price spread now: MEXC against Bybit+0.217%7-day average +0.217% · you sell dearer than you buy
Net, funding: paid 7d − costs−$639as in the Funding arb table
Net, price: spread back to 7d avg − costs−$556as in the Price arb table
costs, in and out, $10k−$5565.559% of the position
Funding, last 7 days−0.832%−$83 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.217%, 7d avg +0.217%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XPINUSDT | 0.0008751 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $2.5M | $621K | 20x |
| Short | MEXC XPIN_USDT | 0.0008770 | 0.0100 | get 0.0050% / 4h | 2h 20m | $384K | $132K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.217% → +0.217%
- $0.02
- Slippage, 4 orders
- −$540.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$555.92
- Costs to cover
- 5.559%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 25 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 | 7.41 bp | 295.9 bp −$296 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 5.67 bp | 22.4 bp −$22 | 126.9 bp −$1,269 | 369.4 bp −$36.9K | 656.5 bp −$328.2K |
XPIN on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XPINUSDT | +0.0100% | 4h | 0.0008753 | +0.025% | $26K | $22K | 5x | as long as short |
| Binance XPINUSDT | +0.0100% | 4h | 0.0008770 | +0.217% | $8.1M | $2.1M | 50x | as long as short |
| Bybit XPINUSDTlong | +0.0100% | 4h | 0.0008751 | long leg | $2.5M | $621K | 20x | |
| Gate XPIN_USDT | +0.0100% | 8h | 0.0008747 | −0.046% | $1.2M | $138K | 50x | as long as short |
| MEXC XPIN_USDTshort | +0.0100% | 4h | 0.0008770 | +0.217% | $384K | $132K | 100x | |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0008786 | +0.400% | $1.2M | $236K | 50x | as long as short |
| BingX XPIN-USDT | +0.0100% | 4h | 0.0008770 | +0.217% | — | $6.5M | — | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008751 | +0.002% | $458 | $4K | — | as long as short |
| BloFin XPIN-USDT | +0.0136% | 4h | 0.0008780 | +0.331% | $518K | $17K | 50x | as long as short |
| KuCoin XPINUSDTM | +0.0800% | 4h | 0.0008775 | +0.274% | $1.3M | $93K | 20x | as long as short |
Bybit XPINUSDT
MEXC XPIN_USDT
Aster XPINUSDT
Binance XPINUSDT
Gate XPIN_USDT
Bitget XPINUSDT
BingX XPIN-USDT
Variational Omni XPIN
BloFin XPIN-USDT
KuCoin XPINUSDTM