Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.062%
Price spread now: BingX against OKX+0.029%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1091.095% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.029%, 7d avg +0.017%
=The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.119%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XTZ-USDT-SWAP | 0.3447 | 0.0100 | pay 0.0100% / 8h | 2h 02m | $1.2M | $1.4M | 20x |
| Short | BingX XTZ-USDT | 0.3448 | 0.0036 | get 0.0018% / 4h | 2h 02m | — | $1.1M | — |
OKX XTZ-USDT-SWAP
BingX XTZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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
- −$13.44
- Price spread: +0.029% → +0.017%
- $1.21
- Slippage, 4 orders
- −$89.49
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$121.72
- Costs to cover
- 1.095%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 12 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 OKX live order book, 4 min ago | 2.90 bp | 35.3 bp −$35 | 222.1 bp −$2,221 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 5.80 bp | 19.2 bp −$19 | 58.4 bp −$584 | 431.5 bp −$43.2K | doesn't fit |
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 | −0.0338% | 1h | 0.3450 | +0.073% | $280K | $217K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.073% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDTshort | +0.0036% | 4h | 0.3448 | +0.029% | — | $1.1M | — | |
| Binance XTZUSDT | +0.0100% | 4h | 0.3447 | 0.000% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3446 | −0.029% | $2.9M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAPlong | +0.0100% | 8h | 0.3447 | long leg | $1.2M | $1.4M | 20x | |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3445 | −0.058% | $642K | $216K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3446 | −0.029% | $2.1M | $631K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3447 | 0.000% | $687K | $315K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3445 | −0.058% | $950K | $1.2M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
Binance XTZUSDT
Bybit XTZUSDT
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3447 | −0.004% | $123K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0118% | 4h | 0.3445 | −0.058% | $284K | $82K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT