Funding you earn now, next payment 04:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.353%
Price spread now: BingX against Gate+0.133%7-day average +0.269% · you sell dearer than you buy
Net, funding: paid 7d − costs−$570as in the Funding arb table
Net, price: spread back to 7d avg − costs−$677as in the Price arb table
costs, in and out, $10k−$6636.634% of the position
Funding, last 7 days+0.929%+$93 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.133%, 7d avg +0.269%
=Funding pays, the price is against you. BingX is 0.136% cheaper against Gate than usual: you would sell low and buy high (spread +0.133% now, against its 7-day average of +0.269%). If the spread goes back, that is −$14 on $10k: about 6.9 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.929% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XPIN_USDT | 0.0009008 | 0.0100 | pay 0.0100% / 8h | 4h 03m | $1.3M | $173K | 50x |
| Short | BingX XPIN-USDT | 0.0009020 | 0.0166 | get 0.0083% / 4h | 3m 57s | — | $6.5M | — |
Gate XPIN_USDT
BingX XPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $13.86
- Price spread: +0.133% → +0.269%
- −$13.58
- Slippage, 4 orders
- −$638.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$663.12
- Costs to cover
- 6.634%
- Break-even
- 341.9 days
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 6 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 Gate live order book, 3 min ago | 9.41 bp | 248.7 bp −$249 | 25058.7 bp −$250.6K | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.53 bp | 54.7 bp −$55 | 203.7 bp −$2,037 | 749.3 bp −$74.9K | 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 | +0.0065% | 4h | 0.0009060 | +0.577% | $545K | $18K | 50x | as long as short |
| Aster XPINUSDT | +0.0100% | 4h | 0.0008997 | −0.118% | $27K | $24K | 5x | as long as short |
| Binance XPINUSDT | +0.0100% | 4h | 0.0009033 | +0.282% | $8.3M | $2.6M | 50x | as long as short |
| Gate XPIN_USDTlong | +0.0100% | 8h | 0.0009008 | long leg | $1.3M | $173K | 50x | |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0009030 | +0.244% | $378K | $131K | 100x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0008992 | −0.178% | $1.3M | $108K | 20x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0009050 | +0.466% | $1.3M | $339K | 50x | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0009011 | +0.032% | $472 | $4K | — | as long as short |
| Bybit XPINUSDT | +0.0160% | 4h | 0.0009002 | −0.067% | $2.5M | $789K | 20x | as long as short |
| BingX XPIN-USDTshort | +0.0166% | 4h | 0.0009020 | +0.133% | — | $6.5M | — |
BloFin XPIN-USDT
Aster XPINUSDT
Binance XPINUSDT
MEXC XPIN_USDT
KuCoin XPINUSDTM
Bitget XPINUSDT
Variational Omni XPIN
Bybit XPINUSDT