Funding you earn now, next payment 10:00 UTC+0.0271%/8h= +29.7% APRpaid last 24h +0.157%
Price spread now: tradeXYZ against Binance−0.063%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 0.063% cheaper against Binance than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XBIUSDT | 158.40 | 0 | get 0.0000% / 8h | 6h 09m | $338K | $228K | 25x |
| Short | tradeXYZ xyz:XBI | 158.30 | 0.0271 | get 0.0034% / 1h | 9m 51s | $37K | $9K | 10x |
Binance XBIUSDT
tradeXYZ xyz:XBIFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Binance. 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
- $57
- Price spread: −0.063% → 0.000%
- −$6.33
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $22.67
- Costs to cover
- 0.280%
- Break-even
- 4.2 days
Slippage unknown: Binance: live order book, 29 min ago; tradeXYZ: no order-book sample. Net counts fees only.
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 Binance live order book, 29 min ago | 2.21 bp | 28.2 bp −$28 | 97.0 bp −$970 | doesn't fit | doesn't fit |
| Sell tradeXYZ no order-book sample | — | — | — | — | — |
tradeXYZ: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
XBI on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance XBIUSDTlong | 0.0000% | 8h | 158.40 | long leg | $338K | $228K | 25x | |
| Bybit XBIUSDT | 0.0000% | 8h | 158.33 | −0.044% | $185K | $47K | 25x | as long as short |
| OKX XBI-USDT-SWAP | 0.0000% | 8h | 158.33 | −0.044% | $71K | $39K | 20x | as long as short |
| Gate XBI_USDT | 0.0000% | 8h | 158.32 | −0.051% | $94K | $2K | 20x | as long as short |
| MEXC XBI_USDT | 0.0000% | 8h | 158.35 | −0.032% | $39K | $84K | 20x | as long as short |
| Bitget XBIUSDT | 0.0000% | 8h | 158.28 | −0.076% | $90K | $9K | 20x | as long as short |
| Variational Omni XBI | 0.0000% | 8h | 158.40 | −0.001% | $19K | $18K | — | as long as short |
| HTX XBI-USDT | 0.0000% | 8h | 158.35 | −0.032% | $1K | $39K | 10x | as long as short |
| tradeXYZ xyz:XBIshort | +0.0271% | 1h | 158.30 | −0.063% | $37K | $9K | 10x |
Bybit XBIUSDT
OKX XBI-USDT-SWAP
Gate XBI_USDT
MEXC XBI_USDT
Bitget XBIUSDT
Variational Omni XBI
HTX XBI-USDT