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 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
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 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XTZ/USDC PERP0.34840.0033pay 0.0004% / 1h36m 42s$62$17K5.5x
ShortOKX XTZ-USDT-SWAP0.34260.0100get 0.0100% / 8h1h 36m$1.2M$1.4M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell OKX live order book, 5 min ago2.91 bp27.9 bp −$28doesn't fitdoesn'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−0.0590%1h0.3437−1.348%$279K$218K50xas long as short
Injective XTZ/USDC PERPlong+0.0033%1h0.3484long leg$62$17K5.5x
BingX XTZ-USDT+0.0036%4h0.3442−1.206%$1.1Mas long as short
Binance XTZUSDT+0.0100%4h0.3426−1.665%$4.8M$10.1M75xas long as short
Bybit XTZUSDT+0.0100%4h0.3427−1.636%$2.8M$3.3M75xas long as short
OKX XTZ-USDT-SWAPshort+0.0100%8h0.3426−1.665%$1.2M$1.4M20x
Gate XTZ_USDT+0.0100%8h0.3433−1.464%$639K$212K75xas long as short
MEXC XTZ_USDT+0.0100%4h0.3429−1.579%$2.1M$610K100xas long as short
KuCoin XTZUSDTM+0.0100%4h0.3437−1.349%$680K$318K30xas long as short
Bitget XTZUSDT+0.0100%4h0.3434−1.435%$947K$1.2M75xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XTZ+0.0100%4h0.3440−1.274%$123K$296Kas long as short
BloFin XTZ-USDT+0.0154%4h0.3435−1.406%$283K$95K75xas long as short