XTZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against Bitget−0.059%85s7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as 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−$670.671% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 3 days (all we have)+0.018%+$2 · spread now −0.059%, 7d avg −0.032%

Together, before fees+0.075%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.027% cheaper against Bitget than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of −0.032%). If the spread goes back, that is −$3 on $10k: about 8.7 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.057% in total) that is about 3.3 days. The two prices were read 85 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	Bitget XTZUSDT	0.3396	0.0100	pay 0.0050% / 4h	3h 41m	$914K	$1.2M	75x
Short	BloFin XTZ-USDT	0.3394	0.0110	get 0.0055% / 4h	3h 41m	$279K	$98K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now −0.059%Rate

Funding earned: $2.19
Price spread: −0.059% → −0.032%: −$2.71
Slippage, 4 orders: −$43.13
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$67.65
Costs to cover: 0.671%
Break-even: 222.8 days

Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 25 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	4.42 bp	15.6 bp −$16	70.9 bp −$709	doesn't fit	doesn't fit
Sell BloFin live order book, 25 min ago	1.46 bp	17.7 bp −$18	45.6 bp −$456	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	−0.0176%	1h	0.3396	+0.001%	$268K	$240K	50x	as long as short
Injective XTZ/USDC PERP	+0.0033%	1h	0.3484	+2.591%	$62	$17K	5.5x	as long as short
Variational Omni XTZ	+0.0100%	4h	0.3393	−0.074%	$121K	$296K	—	as long as short
Binance XTZUSDT	+0.0100%	4h	0.3389	−0.194%	$4.8M	$10.5M	75x	as long as short
Bybit XTZUSDT	+0.0100%	4h	0.3391	−0.147%	$2.7M	$3.4M	75x	as long as short
OKX XTZ-USDT-SWAP	+0.0100%	8h	0.3391	−0.147%	$1.2M	$1.5M	20x	as long as short
Gate XTZ_USDT	+0.0100%	8h	0.3395	−0.029%	$628K	$200K	75x	as long as short
MEXC XTZ_USDT	+0.0100%	4h	0.3390	−0.177%	$2.0M	$640K	100x	as long as short
KuCoin XTZUSDTM	+0.0100%	4h	0.3394	−0.059%	$646K	$338K	30x	as long as short
Bitget XTZUSDTlong	+0.0100%	4h	0.3396	long leg	$914K	$1.2M	75x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XTZ-USDT	+0.0100%	4h	0.3390	−0.177%	—	$1.1M	—	as long as short
BloFin XTZ-USDTshort	+0.0110%	4h	0.3394	−0.059%	$279K	$98K	75x