Funding you earn now, next payment 12:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.141%
Price spread now: Binance against tradeXYZ−0.088%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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.088% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:XBI | 159.17 | 0.0053 | pay 0.0007% / 1h | 43m 04s | $37K | $9K | 10x |
| Short | Binance XBIUSDT | 159.03 | 0 | get 0.0000% / 8h | 4h 43m | $339K | $233K | 25x |
tradeXYZ xyz:XBI
Binance XBIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$11.1
- Price spread: −0.088% → 0.000%
- −$8.8
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$47.89
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: no order-book sample; Binance: live order book, 42 min ago. 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 tradeXYZ no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 42 min ago | 4.10 bp | 20.8 bp −$21 | 83.6 bp −$836 | doesn't fit | doesn't fit |
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 XBIUSDTshort | 0.0000% | 8h | 159.03 | −0.088% | $339K | $233K | 25x | |
| Bybit XBIUSDT | 0.0000% | 8h | 158.91 | −0.163% | $186K | $45K | 25x | as long as short |
| OKX XBI-USDT-SWAP | 0.0000% | 8h | 158.92 | −0.157% | $71K | $40K | 20x | as long as short |
| Gate XBI_USDT | 0.0000% | 8h | 159.08 | −0.057% | $94K | $2K | 20x | as long as short |
| MEXC XBI_USDT | 0.0000% | 8h | 159.06 | −0.069% | $39K | $82K | 20x | as long as short |
| Bitget XBIUSDT | 0.0000% | 8h | 159.08 | −0.057% | $90K | $9K | 20x | as long as short |
| Variational Omni XBI | 0.0000% | 8h | 158.99 | −0.111% | $19K | $18K | — | as long as short |
| HTX XBI-USDT | 0.0000% | 8h | 159.06 | −0.069% | $2K | $39K | 10x | as long as short |
| tradeXYZ xyz:XBIlong | +0.0053% | 1h | 159.17 | long leg | $37K | $9K | 10x |
Bybit XBIUSDT
OKX XBI-USDT-SWAP
Gate XBI_USDT
MEXC XBI_USDT
Bitget XBIUSDT
Variational Omni XBI
HTX XBI-USDT