XTZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h −0.004%

Price spread now: Bitget against BloFin+0.205%95s7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as 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−$790.786% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.205%, 7d avg +0.034%

Together, before fees−0.298%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.172% dearer against BloFin than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.034%): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.057% in total) that is about 21 days. The two prices were read 95 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	BloFin XTZ-USDT	0.3408	0.0140	pay 0.0070% / 4h	29m 41s	$281K	$96K	75x
Short	Bitget XTZUSDT	0.3415	0.0084	get 0.0042% / 4h	29m 41s	$922K	$938K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now +0.205%Rate

Funding earned: −$11.84
Price spread: +0.205% → +0.034%: $17.15
Slippage, 4 orders: −$54.59
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$73.28
Costs to cover: 0.786%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 31 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, 5 min ago	4.41 bp	15.1 bp −$15	48.2 bp −$482	doesn't fit	doesn't fit
Sell Bitget live order book, 31 min ago	4.41 bp	21.6 bp −$22	68.8 bp −$688	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	0.3421	+0.372%	$282K	$251K	50x	as long as short
Injective XTZ/USDC PERP	+0.0033%	1h	0.3484	+2.230%	$62	$17K	5.5x	as long as short
Bitget XTZUSDTshort	+0.0084%	4h	0.3415	+0.205%	$922K	$938K	75x
Binance XTZUSDT	+0.0100%	4h	0.3414	+0.188%	$4.7M	$9.7M	75x	as long as short
Bybit XTZUSDT	+0.0100%	4h	0.3417	+0.264%	$2.7M	$2.8M	75x	as long as short
OKX XTZ-USDT-SWAP	+0.0100%	8h	0.3416	+0.235%	$1.2M	$1.3M	20x	as long as short
Gate XTZ_USDT	+0.0100%	8h	0.3416	+0.235%	$633K	$168K	75x	as long as short
MEXC XTZ_USDT	+0.0100%	4h	0.3414	+0.176%	$2.1M	$662K	100x	as long as short
KuCoin XTZUSDTM	+0.0100%	4h	0.3419	+0.323%	$627K	$191K	30x	as long as short
BingX XTZ-USDT	+0.0100%	4h	0.3416	+0.235%	—	$1.1M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XTZ	+0.0100%	4h	0.3413	+0.144%	$86K	$331K	—	as long as short
BloFin XTZ-USDTlong	+0.0140%	4h	0.3408	long leg	$281K	$96K	75x