Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: OKX against Bybit−0.030%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1341.342% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.030%, 7d avg −0.020%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XTZUSDT | 0.3386 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $2.7M | $3.4M | 75x |
| Short | OKX XTZ-USDT-SWAP | 0.3385 | 0.0100 | get 0.0100% / 8h | 6h 49m | $1.2M | $1.5M | 20x |
Bybit XTZUSDT
OKX XTZ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.030% → −0.020%
- −$0.92
- Slippage, 4 orders
- −$113.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$135.12
- Costs to cover
- 1.342%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 2.96 bp | 39.7 bp −$40 | 200.1 bp −$2,001 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.96 bp | 25.9 bp −$26 | 226.6 bp −$2,266 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.894% | $62 | $17K | 5.5x | as long as short |
| Kraken Futures PF_XTZUSD | +0.0075% | 1h | 0.3386 | +0.007% | $270K | $247K | 50x | as long as short |
| BloFin XTZ-USDT | +0.0087% | 4h | 0.3377 | −0.266% | $280K | $117K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3384 | −0.059% | $4.8M | $10.6M | 75x | as long as short |
| Bybit XTZUSDTlong | +0.0100% | 4h | 0.3386 | long leg | $2.7M | $3.4M | 75x | |
| OKX XTZ-USDT-SWAPshort | +0.0100% | 8h | 0.3385 | −0.030% | $1.2M | $1.5M | 20x | |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3383 | −0.089% | $626K | $173K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3389 | +0.089% | $2.0M | $644K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3391 | +0.148% | $643K | $237K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3381 | −0.148% | $913K | $1.1M | 75x | as long as short |
Injective XTZ/USDC PERP
Kraken Futures PF_XTZUSD
BloFin XTZ-USDT
Binance XTZUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3384 | −0.059% | — | $1.1M | — | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3376 | −0.281% | $121K | $296K | — | as long as short |
BingX XTZ-USDT
Variational Omni XTZ