Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate−0.238%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1531.534% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.246%+$25 · spread now −0.238%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.206% cheaper against Gate than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3357 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $616K | $165K | 75x |
| Short | OKX XTZ-USDT-SWAP | 0.3349 | 0.0100 | get 0.0100% / 8h | 1h 42m | $1.2M | $1.2M | 20x |
Gate XTZ_USDT
OKX XTZ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.238% → −0.033%
- −$20.55
- Slippage, 4 orders
- −$128.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$173.91
- Costs to cover
- 1.534%
- Break-even
- never at this rate
Slippage from Gate: live order book, 64 min ago; OKX: live order book, 4 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, 64 min ago | 5.90 bp | 45.6 bp −$46 | 154.5 bp −$1,545 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.49 bp | 23.4 bp −$23 | 365.1 bp −$3,651 | 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 | −0.0345% | 1h | 0.3359 | +0.067% | $278K | $267K | 50x | as long as short |
| Bitget XTZUSDT | −0.0208% | 4h | 0.3350 | −0.209% | $894K | $851K | 75x | as long as short |
| Bybit XTZUSDT | −0.0139% | 4h | 0.3348 | −0.268% | $2.7M | $2.6M | 75x | as long as short |
| Variational Omni XTZ | +0.0002% | 4h | 0.3352 | −0.152% | $101K | $298K | — | as long as short |
| BloFin XTZ-USDT | +0.0009% | 4h | 0.3359 | +0.060% | $276K | $95K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0026% | 4h | 0.3347 | −0.298% | $2.0M | $696K | 100x | as long as short |
| Binance XTZUSDT | +0.0027% | 4h | 0.3350 | −0.209% | $4.6M | $9.6M | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.783% | $62 | $17K | 5.5x | as long as short |
| OKX XTZ-USDT-SWAPshort | +0.0100% | 8h | 0.3349 | −0.238% | $1.2M | $1.2M | 20x | |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3357 | long leg | $616K | $165K | 75x |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Bybit XTZUSDT
Variational Omni XTZ
BloFin XTZ-USDT
MEXC XTZ_USDT
Binance XTZUSDT
Injective XTZ/USDC PERPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3357 | 0.000% | $619K | $189K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3348 | −0.268% | — | $1.1M | — | as long as short |
KuCoin XTZUSDTM
BingX XTZ-USDT