Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.047%
Price spread now: BingX against Gate−0.353%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1451.454% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)+0.326%+$33 · spread now −0.353%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.335% cheaper against Gate than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3396 | 0.0100 | pay 0.0100% / 8h | 2h 43m | $628K | $161K | 75x |
| Short | BingX XTZ-USDT | 0.3384 | 0.0100 | get 0.0050% / 4h | 2h 43m | — | $1.1M | — |
Gate XTZ_USDT
BingX XTZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.353% → −0.018%
- −$33.51
- Slippage, 4 orders
- −$120.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$178.95
- Costs to cover
- 1.454%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 6 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, 3 min ago | 5.90 bp | 45.6 bp −$46 | 154.5 bp −$1,545 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.41 bp | 25.9 bp −$26 | 70.3 bp −$703 | 527.9 bp −$52.8K | 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 | −0.0573% | 1h | 0.3392 | −0.121% | $277K | $262K | 50x | as long as short |
| Bitget XTZUSDT | −0.0190% | 4h | 0.3388 | −0.236% | $912K | $867K | 75x | as long as short |
| Bybit XTZUSDT | −0.0141% | 4h | 0.3386 | −0.294% | $2.7M | $2.6M | 75x | as long as short |
| BloFin XTZ-USDT | −0.0048% | 4h | 0.3394 | −0.059% | $280K | $95K | 75x | as long as short |
| Binance XTZUSDT | −0.0001% | 4h | 0.3386 | −0.294% | $4.7M | $9.6M | 75x | as long as short |
| MEXC XTZ_USDT | 0.0000% | 4h | 0.3385 | −0.324% | $2.1M | $656K | 100x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.591% | $62 | $17K | 5.5x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3386 | −0.294% | $1.2M | $1.2M | 20x | as long as short |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3396 | long leg | $628K | $161K | 75x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3392 | −0.118% | $626K | $187K | 30x | as long as short |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Bybit XTZUSDT
BloFin XTZ-USDT
Binance XTZUSDT
MEXC XTZ_USDT
Injective XTZ/USDC PERP
OKX XTZ-USDT-SWAP
KuCoin XTZUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDTshort | +0.0100% | 4h | 0.3384 | −0.353% | — | $1.1M | — | |
| Variational Omni XTZ | +0.0100% | 4h | 0.3393 | −0.091% | $86K | $282K | — | as long as short |
Variational Omni XTZ