Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Gate+3.475%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 3.475% dearer against Gate than usual: you sell high and buy low (spread +3.475% now, against zero (this spread has no 7-day history yet)): +$347 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3367 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $622K | $161K | 75x |
| Short | Injective XTZ/USDC PERP | 0.3484 | 0.0033 | get 0.0004% / 1h | 39m 10s | $62 | $17K | 5.5x |
Gate XTZ_USDT
Injective XTZ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +3.475% → 0.000%
- $347.49
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $318.47
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 7 min ago; Injective: no order-book sample. Net counts fees only.
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, 7 min ago | 5.90 bp | 45.6 bp −$46 | 154.5 bp −$1,545 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0576% | 1h | 0.3375 | +0.228% | $276K | $263K | 50x | as long as short |
| Bitget XTZUSDT | −0.0210% | 4h | 0.3364 | −0.089% | $905K | $868K | 75x | as long as short |
| Bybit XTZUSDT | −0.0186% | 4h | 0.3367 | 0.000% | $2.7M | $2.6M | 75x | as long as short |
| BloFin XTZ-USDT | −0.0077% | 4h | 0.3374 | +0.208% | $279K | $95K | 75x | as long as short |
| Binance XTZUSDT | −0.0029% | 4h | 0.3368 | +0.039% | $4.6M | $9.6M | 75x | as long as short |
| MEXC XTZ_USDT | −0.0020% | 4h | 0.3370 | +0.089% | $2.1M | $685K | 100x | as long as short |
| Injective XTZ/USDC PERPshort | +0.0033% | 1h | 0.3484 | +3.475% | $62 | $17K | 5.5x | |
| Variational Omni XTZ | +0.0100% | 4h | 0.3377 | +0.296% | $85K | $282K | — | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3367 | 0.000% | $1.2M | $1.2M | 20x | as long as short |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3367 | long leg | $622K | $161K | 75x |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Bybit XTZUSDT
BloFin XTZ-USDT
Binance XTZUSDT
MEXC XTZ_USDT
Variational Omni XTZ
OKX XTZ-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3373 | +0.178% | $623K | $187K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3370 | +0.089% | — | $1.1M | — | as long as short |
KuCoin XTZUSDTM
BingX XTZ-USDT