Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against Bitget−0.177%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.177%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.145% cheaper against Bitget than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XTZUSDT | 0.3382 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $919K | $995K | 75x |
| Short | Binance XTZUSDT | 0.3376 | 0.0100 | get 0.0050% / 4h | 2h 10m | $4.7M | $10.0M | 75x |
Bitget XTZUSDT
Binance XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.177% → −0.032%
- −$14.55
- Slippage, 4 orders
- −$53.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$90.42
- Costs to cover
- 0.759%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 15 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 Bitget live order book, 1 min ago | 2.96 bp | 21.0 bp −$21 | 59.2 bp −$592 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.97 bp | 17.4 bp −$17 | 54.7 bp −$547 | 583.6 bp −$58.4K | doesn't fit |
XTZ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.016% | $62 | $17K | 5.5x | as long as short |
| Kraken Futures PF_XTZUSD | +0.0075% | 1h | 0.3380 | −0.063% | $270K | $238K | 50x | as long as short |
| Binance XTZUSDTshort | +0.0100% | 4h | 0.3376 | −0.177% | $4.7M | $10.0M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3379 | −0.089% | $2.7M | $3.0M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3378 | −0.118% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3383 | +0.030% | $625K | $175K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3377 | −0.148% | $2.1M | $677K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3385 | +0.089% | $635K | $189K | 30x | as long as short |
| Bitget XTZUSDTlong | +0.0100% | 4h | 0.3382 | long leg | $919K | $995K | 75x | |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3375 | −0.207% | — | $1.1M | — | as long as short |
Injective XTZ/USDC PERP
Kraken Futures PF_XTZUSD
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTM
BingX XTZ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3384 | +0.056% | $85K | $331K | — | as long as short |
Variational Omni XTZ