Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.038%
Price spread now: BingX against BloFin+0.146%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$720.716% of the position
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 3 days (all we have)−0.165%−$17 · spread now +0.146%, 7d avg +0.054%
=The price spread pays, funding is against you. BingX is 0.093% dearer against BloFin than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of +0.054%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days. Mind the row above: over the last 7 days funding on this pair paid +0.136%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XTZ-USDT | 0.3420 | 0.0056 | pay 0.0028% / 4h | 3m 04s | $281K | $98K | 75x |
| Short | BingX XTZ-USDT | 0.3425 | 0.0036 | get 0.0018% / 4h | 3m 04s | — | $1.1M | — |
BloFin XTZ-USDT
BingX XTZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$4.16
- Price spread: +0.146% → +0.054%
- $9.26
- Slippage, 4 orders
- −$49.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$66.53
- Costs to cover
- 0.716%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; BingX: 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 BloFin live order book, 3 min ago | 1.46 bp | 10.7 bp −$11 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.84 bp | 22.3 bp −$22 | 63.4 bp −$634 | 514.9 bp −$51.5K | 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 | 0.3428 | +0.228% | $271K | $232K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.871% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDTshort | +0.0036% | 4h | 0.3425 | +0.146% | — | $1.1M | — | |
| BloFin XTZ-USDTlong | +0.0056% | 4h | 0.3420 | long leg | $281K | $98K | 75x | |
| Binance XTZUSDT | +0.0100% | 4h | 0.3422 | +0.058% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3423 | +0.088% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3424 | +0.117% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3425 | +0.146% | $635K | $202K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3421 | +0.029% | $2.1M | $627K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3429 | +0.263% | $678K | $316K | 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 | 0.3422 | +0.058% | $944K | $1.2M | 75x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3421 | +0.016% | $122K | $296K | — | as long as short |
Bitget XTZUSDT
Variational Omni XTZ