Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin+0.126%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.126%, 7d avg −0.005%
=The price spread pays, funding is against you. Binance is 0.131% dearer against BloFin than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of −0.005%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.4 days. At the pace of the last 7 days (−0.004% in total) that is about 8 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XAI-USDT | 0.007919 | 0.0152 | pay 0.0076% / 4h | 1h 21m | $160K | $19K | 25x |
| Short | Binance XAIUSDT | 0.007929 | 0.0100 | get 0.0050% / 4h | 1h 21m | $1.5M | $2.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$10.96
- Price spread: +0.126% → −0.005%
- $13.09
- Slippage, 4 orders
- −$86.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$106.57
- Costs to cover
- 1.087%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 54 min ago; Binance: live order book, 13 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 BloFin live order book, 54 min ago | 1.89 bp | 23.2 bp −$23 | 57.4 bp −$574 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.90 bp | 33.7 bp −$34 | 111.4 bp −$1,114 | doesn't fit | doesn't fit |
XAI 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid XAI | +0.0100% | 1h | 0.007930 | +0.139% | $406K | $64K | 3x | as long as short |
| Aster XAIUSDT | +0.0100% | 4h | 0.007921 | +0.028% | $5K | $21K | 5x | as long as short |
| Binance XAIUSDTshort | +0.0100% | 4h | 0.007929 | +0.126% | $1.5M | $2.0M | 25x | |
| Bybit XAIUSDT | +0.0100% | 4h | 0.007922 | +0.038% | $655K | $389K | 25x | as long as short |
| Gate XAI_USDT | +0.0100% | 4h | 0.007925 | +0.076% | $78K | $39K | 50x | as long as short |
| MEXC XAI_USDT | +0.0100% | 4h | 0.007927 | +0.101% | $1.9M | $428K | 50x | as long as short |
| KuCoin XAIUSDTM | +0.0100% | 4h | 0.007920 | +0.013% | $177K | $43K | 25x | as long as short |
| Bitget XAIUSDT | +0.0100% | 4h | 0.007922 | +0.038% | $472K | $288K | 25x | as long as short |
| BingX XAI-USDT | +0.0100% | 4h | 0.007929 | +0.126% | — | $2.3M | — | as long as short |
| BloFin XAI-USDTlong | +0.0152% | 4h | 0.007919 | long leg | $160K | $19K | 25x |
BloFin XAI-USDT
Binance XAIUSDT
Hyperliquid XAI
Aster XAIUSDT
Bybit XAIUSDT
Gate XAI_USDT
MEXC XAI_USDT
KuCoin XAIUSDTM
Bitget XAIUSDT
BingX XAI-USDT