Funding you earn now, next payment 00:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.35 per $10,000 · paid last 24h −0.034%
Price spread now: BingX against Binance+0.013%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$810.811% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.013%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.139%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XTZUSDT | 0.3452 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $4.8M | $9.9M | 75x |
| Short | BingX XTZ-USDT | 0.3452 | 0.0030 | get 0.0015% / 4h | 2h 56m | — | $1.1M | — |
Binance XTZUSDT
BingX XTZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$14.7
- Price spread: +0.013% → +0.022%
- −$0.92
- Slippage, 4 orders
- −$61.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$96.7
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 3 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, 13 min ago | 1.44 bp | 17.0 bp −$17 | 68.6 bp −$686 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.33 bp | 23.4 bp −$23 | 74.9 bp −$749 | 528.6 bp −$52.9K | 1083.0 bp −$541.5K |
XTZ on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSD | −0.0337% | 1h | 0.3457 | +0.172% | $280K | $230K | 50x | as long as short |
| BingX XTZ-USDTshort | +0.0030% | 4h | 0.3452 | +0.013% | — | $1.1M | — | |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +0.940% | $62 | $17K | 5.5x | as long as short |
| Bitget XTZUSDT | +0.0040% | 4h | 0.3451 | −0.016% | $951K | $1.2M | 75x | as long as short |
| Binance XTZUSDTlong | +0.0100% | 4h | 0.3452 | long leg | $4.8M | $9.9M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3454 | +0.071% | $2.9M | $3.2M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3452 | +0.013% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3455 | +0.100% | $632K | $205K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3452 | +0.013% | $2.1M | $609K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3461 | +0.274% | $706K | $313K | 30x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
Bitget XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3465 | +0.377% | $211K | $211K | — | as long as short |
| BloFin XTZ-USDT | +0.0119% | 4h | 0.3463 | +0.332% | $287K | $82K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT