Funding you earn now, next payment 00:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.31 per $10,000 · paid last 24h +0.038%
Price spread now: BloFin against BingX−0.088%96s7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$650.646% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 3 days (all we have)+0.159%+$16 · spread now −0.088%, 7d avg −0.054%
=Funding pays, the price is against you. BloFin is 0.033% cheaper against BingX than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of −0.054%). If the spread goes back, that is −$3 on $10k: about 43 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.136%, so the current rate has only just turned in your favour. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XTZ-USDT | 0.3423 | 0.0036 | pay 0.0018% / 4h | 57m 39s | — | $1.1M | — |
| Short | BloFin XTZ-USDT | 0.3420 | 0.0099 | get 0.0049% / 4h | 57m 39s | $282K | $97K | 75x |
BingX XTZ-USDT
BloFin XTZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $13.16
- Price spread: −0.088% → −0.054%
- −$3.33
- Slippage, 4 orders
- −$42.56
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$54.72
- Costs to cover
- 0.646%
- Break-even
- 36.1 days
Slippage from BingX: live order book, 12 min ago; BloFin: live order book, 14 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 BingX live order book, 12 min ago | 2.93 bp | 21.5 bp −$22 | 76.3 bp −$763 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 2.93 bp | 9.0 bp −$9 | 40.8 bp −$408 | 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 | +0.0015% | 1h | 0.3425 | +0.055% | $277K | $220K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.782% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDTlong | +0.0036% | 4h | 0.3423 | long leg | — | $1.1M | — | |
| BloFin XTZ-USDTshort | +0.0099% | 4h | 0.3420 | −0.088% | $282K | $97K | 75x | |
| Binance XTZUSDT | +0.0100% | 4h | 0.3420 | −0.079% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3422 | −0.029% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3421 | −0.058% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3423 | 0.000% | $636K | $201K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3420 | −0.088% | $2.2M | $612K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3424 | +0.029% | $677K | $317K | 30x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XTZUSDT | +0.0100% | 4h | 0.3420 | −0.088% | $946K | $1.2M | 75x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3413 | −0.306% | $122K | $296K | — | as long as short |
Bitget XTZUSDT
Variational Omni XTZ