Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.034%
Price spread now: Bybit against OKX+0.029%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1541.541% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.029%, 7d avg +0.020%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XTZ-USDT-SWAP | 0.3445 | 0.0100 | pay 0.0100% / 8h | 2h 49m | $1.2M | $1.4M | 20x |
| Short | Bybit XTZUSDT | 0.3446 | 0.0100 | get 0.0050% / 4h | 2h 49m | $2.8M | $3.2M | 75x |
OKX XTZ-USDT-SWAP
Bybit XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.029% → +0.020%
- $0.88
- Slippage, 4 orders
- −$133.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$153.26
- Costs to cover
- 1.541%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 3 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, 2 min ago | 2.90 bp | 27.8 bp −$28 | 186.7 bp −$1,867 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.45 bp | 48.0 bp −$48 | 138.2 bp −$1,382 | doesn't fit | 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 | 0.3449 | +0.111% | $282K | $224K | 50x | as long as short |
| BingX XTZ-USDT | +0.0022% | 4h | 0.3447 | +0.058% | — | $1.1M | — | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.132% | $62 | $17K | 5.5x | as long as short |
| Bitget XTZUSDT | +0.0042% | 4h | 0.3448 | +0.087% | $952K | $1.2M | 75x | as long as short |
| BloFin XTZ-USDT | +0.0054% | 4h | 0.3447 | +0.058% | $285K | $82K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3444 | −0.029% | $4.8M | $9.9M | 75x | as long as short |
| Bybit XTZUSDTshort | +0.0100% | 4h | 0.3446 | +0.029% | $2.8M | $3.2M | 75x | |
| OKX XTZ-USDT-SWAPlong | +0.0100% | 8h | 0.3445 | long leg | $1.2M | $1.4M | 20x | |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3446 | +0.029% | $631K | $206K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3444 | −0.029% | $2.1M | $609K | 100x | as long as short |
Kraken Futures PF_XTZUSD
BingX XTZ-USDT
Injective XTZ/USDC PERP
Bitget XTZUSDT
BloFin XTZ-USDT
Binance XTZUSDT
Gate XTZ_USDT
MEXC XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3452 | +0.203% | $704K | $312K | 30x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3448 | +0.073% | $192K | $228K | — | as long as short |
KuCoin XTZUSDTM
Variational Omni XTZ