Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: Gate against Bybit−0.147%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1741.743% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.147%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.161% cheaper against Bybit than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XTZUSDT | 0.3400 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $2.7M | $3.4M | 75x |
| Short | Gate XTZ_USDT | 0.3395 | 0.0100 | get 0.0100% / 8h | 7h 43m | $628K | $200K | 75x |
Bybit XTZUSDT
Gate XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: −0.147% → +0.014%
- −$16.12
- Slippage, 4 orders
- −$148.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$190.44
- Costs to cover
- 1.743%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 28 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 Bybit live order book, 4 min ago | 8.84 bp | 38.4 bp −$38 | 49.8 bp −$498 | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 2.94 bp | 50.9 bp −$51 | 129.3 bp −$1,293 | 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 | −0.0176% | 1h | 0.3393 | −0.220% | $268K | $240K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.471% | $62 | $17K | 5.5x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3393 | −0.192% | $121K | $296K | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3401 | +0.029% | $4.8M | $10.5M | 75x | as long as short |
| Bybit XTZUSDTlong | +0.0100% | 4h | 0.3400 | long leg | $2.7M | $3.4M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3402 | +0.059% | $1.2M | $1.5M | 20x | as long as short |
| Gate XTZ_USDTshort | +0.0100% | 8h | 0.3395 | −0.147% | $628K | $200K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3399 | −0.029% | $2.0M | $640K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3400 | 0.000% | $648K | $338K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3398 | −0.059% | $915K | $1.2M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
Variational Omni XTZ
Binance XTZUSDT
OKX XTZ-USDT-SWAP
MEXC XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3402 | +0.059% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0116% | 4h | 0.3390 | −0.294% | $281K | $98K | 75x | as long as short |
BingX XTZ-USDT
BloFin XTZ-USDT