Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.207%
Price spread now: Bybit against Binance−0.486%7-day average −0.273% · you buy dearer than you sell
Net, funding: paid 7d − costs−$362as in the Funding arb table
Net, price: spread back to 7d avg − costs−$466as in the Price arb table
costs, in and out, $10k−$4454.446% of the position
Funding, last 7 days+0.831%+$83 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now −0.486%, 7d avg −0.273%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.213% cheaper against Binance than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.273%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XPINUSDT | 0.0008697 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $8.0M | $1.9M | 50x |
| Short | Bybit XPINUSDT | 0.0008655 | 0.0100 | get 0.0050% / 4h | 1h 53m | $2.5M | $595K | 20x |
Binance XPINUSDT
Bybit XPINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.486% → −0.273%
- −$21.29
- Slippage, 4 orders
- −$423.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$465.93
- Costs to cover
- 4.446%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bybit: live order book, 2 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 Binance live order book, 9 min ago | 5.71 bp | 54.4 bp −$54 | 339.2 bp −$3,392 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.73 bp | 154.7 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
XPIN on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XPINUSDT | +0.0100% | 4h | 0.0008688 | −0.102% | $26K | $20K | 5x | as long as short |
| Binance XPINUSDTlong | +0.0100% | 4h | 0.0008697 | long leg | $8.0M | $1.9M | 50x | |
| Bybit XPINUSDTshort | +0.0100% | 4h | 0.0008655 | −0.486% | $2.5M | $595K | 20x | |
| Gate XPIN_USDT | +0.0100% | 8h | 0.0008659 | −0.440% | $1.2M | $124K | 50x | as long as short |
| MEXC XPIN_USDT | +0.0100% | 4h | 0.0008690 | −0.084% | $376K | $126K | 100x | as long as short |
| Bitget XPINUSDT | +0.0100% | 4h | 0.0008680 | −0.199% | $1.2M | $222K | 50x | as long as short |
| BingX XPIN-USDT | +0.0100% | 4h | 0.0008680 | −0.199% | — | $6.5M | — | as long as short |
| Variational Omni XPIN | +0.0100% | 4h | 0.0008684 | −0.155% | $455 | $4K | — | as long as short |
| BloFin XPIN-USDT | +0.0118% | 4h | 0.0008700 | +0.031% | $515K | $17K | 50x | as long as short |
| KuCoin XPINUSDTM | +0.0884% | 4h | 0.0008688 | −0.107% | $1.3M | $90K | 20x | as long as short |
Aster XPINUSDT
Gate XPIN_USDT
MEXC XPIN_USDT
Bitget XPINUSDT
BingX XPIN-USDT
Variational Omni XPIN
BloFin XPIN-USDT
KuCoin XPINUSDTM