Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Bitget+0.088%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1121.125% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 7 days−0.201%−$20 · spread now +0.088%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.123% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XTZUSDT | 0.3410 | 0.0100 | pay 0.0050% / 4h | 55m 56s | $925K | $940K | 75x |
| Short | Bybit XTZUSDT | 0.3413 | 0.0100 | get 0.0050% / 4h | 55m 56s | $2.7M | $2.8M | 75x |
Bitget XTZUSDT
Bybit XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.088% → −0.035%
- $12.27
- Slippage, 4 orders
- −$89.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$100.19
- Costs to cover
- 1.125%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Bybit: live order book, 1 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, 5 min ago | 4.41 bp | 18.9 bp −$19 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.94 bp | 34.4 bp −$34 | 59.1 bp −$591 | 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 | −0.0159% | 1h | 0.3420 | +0.281% | $282K | $251K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.170% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDT | +0.0040% | 4h | 0.3401 | −0.264% | $281K | $96K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3412 | +0.059% | $4.7M | $9.7M | 75x | as long as short |
| Bybit XTZUSDTshort | +0.0100% | 4h | 0.3413 | +0.088% | $2.7M | $2.8M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3411 | +0.029% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3412 | +0.059% | $632K | $168K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3411 | +0.029% | $2.1M | $642K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3413 | +0.088% | $628K | $191K | 30x | as long as short |
| Bitget XTZUSDTlong | +0.0100% | 4h | 0.3410 | long leg | $925K | $940K | 75x |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BloFin XTZ-USDT
Binance 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-USDT | +0.0100% | 4h | 0.3414 | +0.117% | — | $1.1M | — | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3410 | +0.013% | $86K | $331K | — | as long as short |
BingX XTZ-USDT
Variational Omni XTZ