Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: OKX against Injective−1.665%7-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. OKX is 1.665% cheaper against Injective than usual: you would sell low and buy high (spread −1.665% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$166 on $10k: about 3 months of funding at the current rate (+$2 a day).
| 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 | 36m 42s | $62 | $17K | 5.5x |
| Short | OKX XTZ-USDT-SWAP | 0.3426 | 0.0100 | get 0.0100% / 8h | 1h 36m | $1.2M | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −1.665% → 0.000%
- −$166.48
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$162.5
- Costs to cover
- 0.100%
- Break-even
- 88.2 days
Slippage unknown: Injective: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago | 2.91 bp | 27.9 bp −$28 | doesn't fit | 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 | −0.0590% | 1h | 0.3437 | −1.348% | $279K | $218K | 50x | as long as short |
| Injective XTZ/USDC PERPlong | +0.0033% | 1h | 0.3484 | long leg | $62 | $17K | 5.5x | |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3442 | −1.206% | — | $1.1M | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3426 | −1.665% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3427 | −1.636% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAPshort | +0.0100% | 8h | 0.3426 | −1.665% | $1.2M | $1.4M | 20x | |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3433 | −1.464% | $639K | $212K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3429 | −1.579% | $2.1M | $610K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3437 | −1.349% | $680K | $318K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3434 | −1.435% | $947K | $1.2M | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3440 | −1.274% | $123K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0154% | 4h | 0.3435 | −1.406% | $283K | $95K | 75x | as long as short |
Injective XTZ/USDC PERP
OKX XTZ-USDT-SWAP
Kraken Futures PF_XTZUSD
BingX XTZ-USDT
Binance XTZUSDT
Bybit XTZUSDT
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDT
Variational Omni XTZ
BloFin XTZ-USDT