Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: Gate against Binance+0.029%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1571.570% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.029%, 7d avg +0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.031% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.060%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XTZUSDT | 0.3423 | 0.0100 | pay 0.0050% / 4h | 4m 47s | $4.7M | $9.7M | 75x |
| Short | Gate XTZ_USDT | 0.3424 | 0.0100 | get 0.0100% / 8h | 4h 04m | $634K | $169K | 75x |
Binance XTZUSDT
Gate XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.029% → +0.060%
- −$3.07
- Slippage, 4 orders
- −$131.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$160.02
- Costs to cover
- 1.570%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Gate: live order book, 52 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, 5 min ago | 1.46 bp | 19.0 bp −$19 | 71.9 bp −$719 | doesn't fit | doesn't fit |
| Sell Gate live order book, 52 min ago | 2.93 bp | 73.3 bp −$73 | 208.2 bp −$2,082 | doesn't fit | doesn't fit |
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 | −0.0159% | 1h | 0.3434 | +0.322% | $284K | $252K | 50x | as long as short |
| Bitget XTZUSDT | −0.0024% | 4h | 0.3423 | 0.000% | $923K | $939K | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.782% | $62 | $17K | 5.5x | as long as short |
| Binance XTZUSDTlong | +0.0100% | 4h | 0.3423 | long leg | $4.7M | $9.7M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3424 | +0.029% | $2.7M | $2.8M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3424 | +0.029% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDTshort | +0.0100% | 8h | 0.3424 | +0.029% | $634K | $169K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3424 | +0.029% | $2.1M | $673K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3430 | +0.204% | $629K | $192K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3424 | +0.029% | — | $1.1M | — | as long as short |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Injective XTZ/USDC PERP
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
MEXC XTZ_USDT
KuCoin XTZUSDTM
BingX XTZ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3428 | +0.143% | $86K | $331K | — | as long as short |
| BloFin XTZ-USDT | +0.0125% | 4h | 0.3429 | +0.175% | $282K | $97K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT