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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.275%
Price spread now: BingX against KuCoin+0.157%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$822as in the Funding arb table
Net, price: spread back to 7d avg − costs−$878as in the Price arb table
costs, in and out, $10k−$8818.813% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.595%+$59 on $10k
Price spread, last 7 days−0.154%−$15 · spread now +0.157%, 7d avg +0.124%
Together, before fees+0.441%+$44 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: BingX is 0.033% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.124%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XPINUSDTM0.00089060.0100pay 0.0050% / 4h2h 12m$1.3M$93K20x
ShortBingX XPIN-USDT0.00089200.0100get 0.0050% / 4h2h 12m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: +0.157% → +0.124%
$3.31
Slippage, 4 orders
−$859.26
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$877.95
Costs to cover
8.813%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 8 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 KuCoin live order book, 3 min ago15.69 bp419.4 bp −$419doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago11.21 bp59.1 bp −$59192.2 bp −$1,922726.6 bp −$72.7Kdoesn'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%4h0.0008914+0.093%$27K$24K5xas long as short
Binance XPINUSDT+0.0100%4h0.0008936+0.338%$8.3M$2.4M50xas long as short
Bybit XPINUSDT+0.0100%4h0.0008910+0.045%$2.5M$691K20xas long as short
Gate XPIN_USDT+0.0100%8h0.0008896−0.112%$1.2M$160K50xas long as short
MEXC XPIN_USDT+0.0100%4h0.0008930+0.269%$372K$130K100xas long as short
KuCoin XPINUSDTMlong+0.0100%4h0.0008906long leg$1.3M$93K20x
Bitget XPINUSDT+0.0100%4h0.0008929+0.258%$1.2M$316K50xas long as short
BingX XPIN-USDTshort+0.0100%4h0.0008920+0.157%$6.5M
Variational Omni XPIN+0.0100%4h0.0008921+0.163%$467$4Kas long as short
BloFin XPIN-USDT+0.0137%4h0.0008920+0.157%$530K$17K50xas long as short