Settings8H · net · $10k
Funding arb · Price arb /

XPIN

all XPIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%
Price spread now: KuCoin against Gate+0.213%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,588as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,615as in the Price arb table
costs, in and out, $10k−$1,62216.216% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.337%+$34 on $10k
Price spread, last 7 days−0.090%−$9 · spread now +0.213%, 7d avg +0.147%
Together, before fees+0.247%+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.066% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.147%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XPIN_USDT0.00089010.0100pay 0.0100% / 8h2h 14m$1.2M$160K50x
ShortKuCoin XPINUSDTM0.00089200.0100get 0.0050% / 4h2h 14m$1.3M$93K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.213% → +0.147%
$6.6
Slippage, 4 orders
−$1,594.63
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,615.03
Costs to cover
16.216%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago15.70 bp371.0 bp −$37126360.3 bp −$263.6Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago17.95 bp334.0 bp −$334doesn't fitdoesn't fitdoesn't fit

XPIN on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XPINUSDT+0.0100%4h0.0008913+0.140%$27K$24K5xas long as short
Binance XPINUSDT+0.0100%4h0.0008940+0.438%$8.3M$2.4M50xas long as short
Bybit XPINUSDT+0.0100%4h0.0008913+0.135%$2.5M$690K20xas long as short
Gate XPIN_USDTlong+0.0100%8h0.0008901long leg$1.2M$160K50x
MEXC XPIN_USDT+0.0100%4h0.0008940+0.438%$373K$130K100xas long as short
KuCoin XPINUSDTMshort+0.0100%4h0.0008920+0.213%$1.3M$93K20x
Bitget XPINUSDT+0.0100%4h0.0008919+0.202%$1.2M$316K50xas long as short
BingX XPIN-USDT+0.0100%4h0.0008930+0.326%$6.5Mas long as short
Variational Omni XPIN+0.0100%4h0.0008921+0.219%$467$4Kas long as short
BloFin XPIN-USDT+0.0140%4h0.0008930+0.326%$533K$17K50xas long as short