Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Gate against Injective−2.870%69s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Gate is 2.870% cheaper against Injective than usual: you would sell low and buy high (spread −2.870% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$287 on $10k: about 5 months of funding at the current rate (+$2 a day). The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XTZ/USDC PERP | 0.3484 | 0.0033 | pay 0.0004% / 1h | 19m 58s | $62 | $17K | 5.5x |
| Short | Gate XTZ_USDT | 0.3384 | 0.0100 | get 0.0100% / 8h | 7h 19m | $626K | $200K | 75x |
Injective XTZ/USDC PERP
Gate XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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: −2.870% → 0.000%
- −$287.03
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$288.05
- Costs to cover
- 0.150%
- Break-even
- 151.0 days
Slippage unknown: Injective: no order-book sample; Gate: live order book, 51 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 51 min ago | 2.94 bp | 50.9 bp −$51 | 129.3 bp −$1,293 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSD | −0.0176% | 1h | 0.3390 | −2.691% | $269K | $242K | 50x | as long as short |
| Injective XTZ/USDC PERPlong | +0.0033% | 1h | 0.3484 | long leg | $62 | $17K | 5.5x | |
| BloFin XTZ-USDT | +0.0073% | 4h | 0.3378 | −3.042% | $281K | $97K | 75x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3379 | −3.015% | $121K | $296K | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3384 | −2.882% | $4.8M | $10.5M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3382 | −2.928% | $2.7M | $3.4M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3383 | −2.899% | $1.2M | $1.5M | 20x | as long as short |
| Gate XTZ_USDTshort | +0.0100% | 8h | 0.3384 | −2.870% | $626K | $200K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3385 | −2.842% | $2.0M | $641K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3383 | −2.899% | $642K | $243K | 30x | as long as short |
Kraken Futures PF_XTZUSD
BloFin XTZ-USDT
Variational Omni XTZ
Binance XTZUSDT
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 | 0.3383 | −2.899% | $909K | $1.1M | 75x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3382 | −2.928% | — | $1.1M | — | as long as short |
Bitget XTZUSDT
BingX XTZ-USDT