Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC−0.222%64s7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1481.485% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.448%+$45 · spread now −0.222%, 7d avg +0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.300% cheaper against MEXC than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.078%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XPIN_USDT | 0.0009010 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $377K | $128K | 100x |
| Short | BloFin XPIN-USDT | 0.0008990 | 0.0097 | get 0.0049% / 4h | 2h 52m | $538K | $18K | 50x |
MEXC XPIN_USDT
BloFin XPIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$0.53
- Price spread: −0.222% → +0.078%
- −$30
- Slippage, 4 orders
- −$132.46
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$178.99
- Costs to cover
- 1.485%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 43 min ago; BloFin: live order book, 39 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, 43 min ago | 5.54 bp | 34.0 bp −$34 | 205.5 bp −$2,055 | 393.5 bp −$39.3K | 707.7 bp −$353.8K |
| Sell BloFin live order book, 39 min ago | 5.53 bp | 50.6 bp −$51 | 148.5 bp −$1,485 | doesn't fit | 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-USDTshort | +0.0097% | 4h | 0.0008990 | −0.222% | $538K | $18K | 50x | |
| Aster XPINUSDT | +0.0100% | 4h | 0.0008986 | −0.270% | $27K | $24K | 5x | as long as short |
| Binance XPINUSDT | +0.0100% | 4h | 0.0009010 | 0.000% | $8.3M | $2.4M | 50x | as long as short |
| Bybit XPINUSDT | +0.0100% | 4h | 0.0008987 | −0.255% | $2.5M | $703K | 20x | as long as short |
| Gate XPIN_USDT | +0.0100% | 8h | 0.0008969 | −0.455% | $1.2M | $157K | 50x | as long as short |
| MEXC XPIN_USDTlong | +0.0100% | 4h | 0.0009010 | long leg | $377K | $128K | 100x | |
| KuCoin XPINUSDTM | +0.0100% | 4h | 0.0008986 | −0.266% | $1.3M | $95K | 20x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0009029 | +0.211% | $1.2M | $322K | 50x | as long as short |
| BingX XPIN-USDT | +0.0100% | 4h | 0.0009000 | −0.111% | — | $6.5M | — | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008946 | −0.711% | $468 | $4K | — | as long as short |
Aster XPINUSDT
Binance XPINUSDT
Bybit XPINUSDT
Gate XPIN_USDT
KuCoin XPINUSDTM
Bitget XPINUSDT
BingX XPIN-USDT
Variational Omni XPIN