Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.284%
Price spread now: BingX against MEXC0.000%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1681.677% of the position
Funding, last 7 days+0.808%+$81 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.023% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XPIN_USDT | 0.0008970 | 0.0330 | pay 0.0165% / 4h | 45m 30s | $373K | $129K | 100x |
| Short | BingX XPIN-USDT | 0.0008970 | 0.0362 | get 0.0181% / 4h | 45m 30s | — | $6.5M | — |
MEXC XPIN_USDT
BingX XPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $6.72
- Price spread: 0.000% → −0.023%
- $2.28
- Slippage, 4 orders
- −$153.73
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$158.72
- Costs to cover
- 1.677%
- Break-even
- 172.3 days
Slippage from MEXC: live order book, 60 min ago; BingX: live order book, 5 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 MEXC live order book, 60 min ago | 5.58 bp | 31.7 bp −$32 | 177.8 bp −$1,778 | 374.4 bp −$37.4K | 650.3 bp −$325.1K |
| Sell BingX live order book, 5 min ago | 11.14 bp | 60.7 bp −$61 | 173.1 bp −$1,731 | 741.3 bp −$74.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XPIN_USDT | +0.0100% | 8h | 0.0008949 | −0.234% | $1.2M | $171K | 50x | as long as short |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0008938 | −0.357% | $1.3M | $114K | 20x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0008990 | +0.223% | $1.2M | $347K | 50x | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008954 | −0.175% | $468 | $4K | — | as long as short |
| Aster XPINUSDT | +0.0187% | 4h | 0.0008951 | −0.212% | $27K | $24K | 5x | as long as short |
| Bybit XPINUSDT | +0.0221% | 4h | 0.0008953 | −0.190% | $2.5M | $801K | 20x | as long as short |
| BloFin XPIN-USDT | +0.0307% | 4h | 0.0008940 | −0.334% | $543K | $18K | 50x | as long as short |
| Binance XPINUSDT | +0.0316% | 4h | 0.0008975 | +0.056% | $8.3M | $2.7M | 50x | as long as short |
| MEXC XPIN_USDTlong | +0.0330% | 4h | 0.0008970 | long leg | $373K | $129K | 100x | |
| BingX XPIN-USDTshort | +0.0362% | 4h | 0.0008970 | 0.000% | — | $6.5M | — |
Gate XPIN_USDT
KuCoin XPINUSDTM
Bitget XPINUSDT
Variational Omni XPIN
Aster XPINUSDT
Bybit XPINUSDT
BloFin XPIN-USDT
Binance XPINUSDT