Funding you earn now, next payment 23:00 UTC−0.0122%/8h= −13.3% APRpaid last 24h +0.005%
Price spread now: Injective against BloFin+1.426%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 1.426% dearer against BloFin than usual: you sell high and buy low (spread +1.426% now, against zero (this spread has no 7-day history yet)): +$143 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 39 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XTZ-USDT | 0.3435 | 0.0155 | pay 0.0077% / 4h | 1h 38m | $283K | $95K | 75x |
| Short | Injective XTZ/USDC PERP | 0.3484 | 0.0033 | get 0.0004% / 1h | 38m 34s | $62 | $17K | 5.5x |
BloFin XTZ-USDT
Injective XTZ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$25.54
- Price spread: +1.426% → 0.000%
- $142.65
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $105.09
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 38 min ago; Injective: no order-book sample. Net counts fees only.
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, 38 min ago | 1.45 bp | 15.4 bp −$15 | 44.8 bp −$448 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0589% | 1h | 0.3442 | +0.210% | $279K | $218K | 50x | as long as short |
| Injective XTZ/USDC PERPshort | +0.0033% | 1h | 0.3484 | +1.426% | $62 | $17K | 5.5x | |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3448 | +0.378% | — | $1.1M | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3436 | +0.029% | $4.8M | $10.0M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3436 | +0.029% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3437 | +0.058% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3437 | +0.058% | $639K | $212K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3436 | +0.029% | $2.1M | $610K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3439 | +0.116% | $681K | $318K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3436 | +0.029% | $947K | $1.2M | 75x | as long as short |
Kraken Futures PF_XTZUSD
BingX XTZ-USDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3440 | +0.134% | $123K | $296K | — | as long as short |
| BloFin XTZ-USDTlong | +0.0155% | 4h | 0.3435 | long leg | $283K | $95K | 75x |
Variational Omni XTZ