Settings8H · net · $10k
Funding arb · Price arb /

XTZ

all XTZ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.004%
Price spread now: BloFin against Injective−3.961%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 3.961% cheaper against Injective than usual: you would sell low and buy high, −$396 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XTZ/USDC PERP0.34840.0033pay 0.0004% / 1h22m 23s$62$17K5.5x
ShortBloFin XTZ-USDT0.33460.0025get 0.0012% / 4h2h 22m$276K$94K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.75
Price spread: −3.961% → 0.000%
−$396.1
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$409.87
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell BloFin live order book, 2 min ago2.99 bp22.5 bp −$2355.2 bp −$552doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_XTZUSD−0.0579%1h0.3354−3.726%$276K$265K50xas long as short
Bitget XTZUSDT−0.0240%4h0.3354−3.731%$909K$853K75xas long as short
Bybit XTZUSDT−0.0135%4h0.3358−3.617%$2.7M$2.7M75xas long as short
MEXC XTZ_USDT−0.0030%4h0.3357−3.645%$2.0M$702K100xas long as short
Binance XTZUSDT−0.0026%4h0.3357−3.645%$4.6M$9.6M75xas long as short
BloFin XTZ-USDTshort+0.0025%4h0.3346−3.961%$276K$94K75x
Injective XTZ/USDC PERPlong+0.0033%1h0.3484long leg$62$17K5.5x
Variational Omni XTZ+0.0049%4h0.3345−3.977%$101K$298Kas long as short
OKX XTZ-USDT-SWAP+0.0100%8h0.3358−3.617%$1.2M$1.2M20xas long as short
Gate XTZ_USDT+0.0100%8h0.3353−3.760%$617K$166K75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XTZUSDTM+0.0100%4h0.3354−3.731%$621K$188K30xas long as short
BingX XTZ-USDT+0.0100%4h0.3353−3.760%$1.1Mas long as short