Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: Binance against Gate+0.129%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1531.531% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.129%, 7d avg −0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.193% dearer against Gate than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3443 | 0.0100 | pay 0.0100% / 8h | 1h 56m | $641K | $211K | 75x |
| Short | Binance XTZUSDT | 0.3447 | 0.0100 | get 0.0050% / 4h | 1h 56m | $4.8M | $10.1M | 75x |
Gate XTZ_USDT
Binance XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: +0.129% → −0.064%
- $19.31
- Slippage, 4 orders
- −$128.14
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$133.83
- Costs to cover
- 1.531%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; Binance: live order book, 13 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 Gate live order book, 25 min ago | 8.70 bp | 63.1 bp −$63 | 130.5 bp −$1,305 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.45 bp | 20.0 bp −$20 | 60.5 bp −$605 | 512.0 bp −$51.2K | 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 | −0.0589% | 1h | 0.3444 | +0.027% | $279K | $217K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.191% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3449 | +0.174% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0081% | 4h | 0.3442 | −0.029% | $284K | $88K | 75x | as long as short |
| Binance XTZUSDTshort | +0.0100% | 4h | 0.3447 | +0.129% | $4.8M | $10.1M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3446 | +0.087% | $2.9M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3444 | +0.029% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3443 | long leg | $641K | $211K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3445 | +0.058% | $2.2M | $604K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3442 | −0.029% | $680K | $317K | 30x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
BloFin XTZ-USDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
MEXC XTZ_USDT
KuCoin XTZUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XTZUSDT | +0.0100% | 4h | 0.3445 | +0.058% | $950K | $1.2M | 75x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3444 | +0.040% | $123K | $296K | — | as long as short |
Bitget XTZUSDT
Variational Omni XTZ