Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against KuCoin−0.030%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2442.445% of the position
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.030%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.057% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XTZUSDTM | 0.3383 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $635K | $227K | 30x |
| Short | Gate XTZ_USDT | 0.3382 | 0.0100 | get 0.0100% / 8h | 6h 28m | $625K | $174K | 75x |
KuCoin XTZUSDTM
Gate XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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: −0.030% → +0.027%
- −$5.69
- Slippage, 4 orders
- −$217.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$250.15
- Costs to cover
- 2.445%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; Gate: live order book, 38 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 KuCoin live order book, 10 min ago | 5.94 bp | 71.5 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 38 min ago | 2.96 bp | 62.5 bp −$62 | 154.0 bp −$1,540 | doesn't fit | doesn't fit |
XTZ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.986% | $62 | $17K | 5.5x | as long as short |
| Kraken Futures PF_XTZUSD | +0.0075% | 1h | 0.3385 | +0.070% | $270K | $246K | 50x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3381 | −0.054% | $4.7M | $10.5M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3380 | −0.089% | $2.7M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3380 | −0.089% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDTshort | +0.0100% | 8h | 0.3382 | −0.030% | $625K | $174K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3382 | −0.030% | $2.1M | $661K | 100x | as long as short |
| KuCoin XTZUSDTMlong | +0.0100% | 4h | 0.3383 | long leg | $635K | $227K | 30x | |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3381 | −0.059% | $918K | $1.1M | 75x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3377 | −0.177% | — | $1.1M | — | as long as short |
Injective XTZ/USDC PERP
Kraken Futures PF_XTZUSD
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
MEXC XTZ_USDT
Bitget XTZUSDT
BingX XTZ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3380 | −0.089% | $85K | $331K | — | as long as short |
Variational Omni XTZ