Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: BingX against Bitget0.000%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1091.095% of the position
Funding, last 7 days+0.180%+$18 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now 0.000%, 7d avg +0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XTZUSDT | 0.3392 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $913K | $1.2M | 75x |
| Short | BingX XTZ-USDT | 0.3392 | 0.0100 | get 0.0050% / 4h | 3h 46m | — | $1.1M | — |
Bitget XTZUSDT
BingX XTZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: 0.000% → +0.016%
- −$1.61
- Slippage, 4 orders
- −$87.49
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$111.1
- Costs to cover
- 1.095%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 3 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, 4 min ago | 4.49 bp | 37.4 bp −$37 | 90.3 bp −$903 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.91 bp | 31.9 bp −$32 | 97.7 bp −$977 | 443.2 bp −$44.3K | 1145.6 bp −$572.8K |
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 | −0.0176% | 1h | 0.3398 | +0.182% | $268K | $239K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.712% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0073% | 4h | 0.3384 | −0.236% | $283K | $97K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3391 | −0.040% | $4.8M | $10.5M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3389 | −0.088% | $2.7M | $3.4M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3390 | −0.059% | $1.2M | $1.5M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3391 | −0.029% | $628K | $200K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3393 | +0.029% | $2.0M | $639K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3395 | +0.088% | $646K | $338K | 30x | as long as short |
| Bitget XTZUSDTlong | +0.0100% | 4h | 0.3392 | long leg | $913K | $1.2M | 75x |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BloFin XTZ-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDTshort | +0.0100% | 4h | 0.3392 | 0.000% | — | $1.1M | — | |
| Variational Omni XTZ | +0.0100% | 4h | 0.3347 | −1.327% | $120K | $296K | — | as long as short |
Variational Omni XTZ