Funding you earn now, next payment 08:00 UTC−0.0223%/8h= −24.4% APRnext payment −$1.11 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against Binance−0.015%7-day average +0.166% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now −0.015%, 7d avg +0.166%
=Together, before fees−0.217%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.180% cheaper against Binance than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.166%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.069% in total (about -6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XTZUSDT | 0.3355 | 0.0074 | pay 0.0037% / 4h | 58m 59s | $4.6M | $9.6M | 75x |
| Short | Variational Omni XTZ | 0.3354 | −0.0148 | pay 0.0074% / 4h | 58m 59s | $101K | $298K | — |
Binance XTZUSDT
Variational Omni XTZFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$46.76
- Price spread: −0.015% → +0.166%
- −$18.02
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$74.78
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Variational Omni: RFQ quote, 45 min ago. Net counts fees only.
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, 11 min ago | 1.49 bp | 17.4 bp −$17 | 74.0 bp −$740 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 45 min ago | 8.94 bp | doesn't fit | 116.2 bp −$1,162 | 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 | −0.0354% | 1h | 0.3362 | +0.200% | $281K | $272K | 50x | as long as short |
| Bitget XTZUSDT | −0.0216% | 4h | 0.3355 | +0.003% | $899K | $854K | 75x | as long as short |
| Bybit XTZUSDT | −0.0215% | 4h | 0.3357 | +0.063% | $2.7M | $2.6M | 75x | as long as short |
| Variational Omni XTZshort | −0.0148% | 4h | 0.3354 | −0.015% | $101K | $298K | — | |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.848% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0070% | 4h | 0.3356 | +0.033% | $276K | $95K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0072% | 4h | 0.3356 | +0.033% | $2.1M | $702K | 100x | as long as short |
| Binance XTZUSDTlong | +0.0074% | 4h | 0.3355 | long leg | $4.6M | $9.6M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3354 | −0.027% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3357 | +0.063% | $616K | $164K | 75x | as long as short |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Bybit XTZUSDT
Injective XTZ/USDC PERP
BloFin XTZ-USDT
MEXC XTZ_USDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3356 | +0.033% | $617K | $192K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3357 | +0.063% | — | $1.1M | — | as long as short |
KuCoin XTZUSDTM
BingX XTZ-USDT