Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: OKX against Binance−0.088%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$930.929% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.127%+$13 · spread now −0.088%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.111% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XTZUSDT | 0.3407 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $4.7M | $9.3M | 75x |
| Short | OKX XTZ-USDT-SWAP | 0.3404 | 0.0100 | get 0.0100% / 8h | 7h 22m | $1.2M | $1.2M | 20x |
Binance XTZUSDT
OKX XTZ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.088% → +0.023%
- −$11.07
- Slippage, 4 orders
- −$72.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$103.98
- Costs to cover
- 0.929%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; OKX: live order book, 4 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, 2 min ago | 1.48 bp | 22.1 bp −$22 | 77.6 bp −$776 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.48 bp | 26.3 bp −$26 | 186.9 bp −$1,869 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XTZUSDT | −0.0350% | 4h | 0.3406 | −0.029% | $2.7M | $2.6M | 75x | as long as short |
| Variational Omni XTZ | −0.0210% | 4h | 0.3375 | −0.929% | $102K | $297K | — | as long as short |
| Bitget XTZUSDT | −0.0176% | 4h | 0.3403 | −0.117% | $922K | $842K | 75x | as long as short |
| Kraken Futures PF_XTZUSD | −0.0100% | 1h | 0.3402 | −0.153% | $280K | $276K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.260% | $62 | $17K | 5.5x | as long as short |
| Binance XTZUSDTlong | +0.0100% | 4h | 0.3407 | long leg | $4.7M | $9.3M | 75x | |
| OKX XTZ-USDT-SWAPshort | +0.0100% | 8h | 0.3404 | −0.088% | $1.2M | $1.2M | 20x | |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3401 | −0.176% | $624K | $155K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3405 | −0.059% | $2.2M | $748K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3408 | +0.029% | $629K | $203K | 30x | as long as short |
Bybit XTZUSDT
Variational Omni XTZ
Bitget XTZUSDT
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3407 | 0.000% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0124% | 4h | 0.3387 | −0.587% | $281K | $94K | 75x | as long as short |
BingX XTZ-USDT
BloFin XTZ-USDT