Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against BloFin+0.029%110s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as 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−$1531.531% of the position
Funding, last 7 days+0.265%+$27 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.029%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.265%, so the current rate has only just turned against you. The two prices were read 110 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 | 0.3402 | 0.0122 | pay 0.0061% / 4h | 41m 25s | $280K | $96K | 75x |
| Short | KuCoin XTZUSDTM | 0.3403 | 0.0100 | get 0.0050% / 4h | 41m 25s | $625K | $191K | 30x |
BloFin XTZ-USDT
KuCoin XTZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$4.63
- Price spread: +0.029% → +0.041%
- −$1.12
- Slippage, 4 orders
- −$129.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$158.82
- Costs to cover
- 1.531%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 58 min ago; KuCoin: live order book, 42 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, 58 min ago | 1.47 bp | 16.7 bp −$17 | 49.2 bp −$492 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 42 min ago | 4.37 bp | 60.8 bp −$61 | 444.3 bp −$4,443 | 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 | −0.0160% | 1h | 0.3406 | +0.122% | $281K | $251K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.410% | $62 | $17K | 5.5x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3401 | −0.029% | $4.7M | $9.7M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3406 | +0.118% | $2.7M | $2.8M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3405 | +0.088% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3406 | +0.118% | $631K | $168K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3401 | −0.029% | $2.1M | $655K | 100x | as long as short |
| KuCoin XTZUSDTMshort | +0.0100% | 4h | 0.3403 | +0.029% | $625K | $191K | 30x | |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3409 | +0.206% | $920K | $936K | 75x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3401 | −0.029% | — | $1.1M | — | 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
Bitget XTZUSDT
BingX XTZ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3405 | +0.099% | $86K | $331K | — | as long as short |
| BloFin XTZ-USDTlong | +0.0122% | 4h | 0.3402 | long leg | $280K | $96K | 75x |
Variational Omni XTZ