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: Gate against KuCoin−0.213%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,655as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,628as 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: Gate is 0.066% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.147%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XPINUSDTM0.00089200.0100pay 0.0050% / 4h2h 15m$1.3M$93K20x
ShortGate XPIN_USDT0.00089010.0100get 0.0100% / 8h2h 15m$1.2M$160K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.213% → −0.147%
−$6.55
Slippage, 4 orders
−$1,594.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,628.19
Costs to cover
16.216%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 1 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, 4 min ago17.95 bp423.7 bp −$424doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 1 min ago15.70 bp492.8 bp −$493doesn'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%4h0.0008920+0.001%$27K$24K5xas long as short
Binance XPINUSDT+0.0100%4h0.0008945+0.281%$8.3M$2.4M50xas long as short
Bybit XPINUSDT+0.0100%4h0.0008925+0.056%$2.5M$690K20xas long as short
Gate XPIN_USDTshort+0.0100%8h0.0008901−0.213%$1.2M$160K50x
MEXC XPIN_USDT+0.0100%4h0.0008940+0.224%$373K$130K100xas long as short
KuCoin XPINUSDTMlong+0.0100%4h0.0008920long leg$1.3M$93K20x
Bitget XPINUSDT+0.0100%4h0.0008919−0.011%$1.2M$316K50xas long as short
BingX XPIN-USDT+0.0100%4h0.0008930+0.112%$6.5Mas long as short
Variational Omni XPIN+0.0100%4h0.0008921+0.006%$467$4Kas long as short
BloFin XPIN-USDT+0.0125%4h0.00089200.000%$532K$17K50xas long as short