Funding you earn now, next payment 12:00 UTC−0.0009%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h +0.011%
Price spread now: BloFin against BingX−0.089%81s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$830.827% of the position
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.089%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.042% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XTZ-USDT | 0.3356 | 0.0100 | pay 0.0050% / 4h | 31m 57s | — | $1.1M | — |
| Short | BloFin XTZ-USDT | 0.3353 | 0.0091 | get 0.0046% / 4h | 31m 57s | $281K | $94K | 75x |
BingX XTZ-USDT
BloFin XTZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$1.79
- Price spread: −0.089% → −0.048%
- −$4.18
- Slippage, 4 orders
- −$60.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$88.68
- Costs to cover
- 0.827%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; BloFin: 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 BingX live order book, 1 min ago | 4.47 bp | 19.1 bp −$19 | 63.3 bp −$633 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.98 bp | 28.0 bp −$28 | 49.7 bp −$497 | 251.3 bp −$25.1K | doesn't fit |
XTZ on 12 exchanges
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 | −0.0261% | 1h | 0.3361 | +0.151% | $272K | $257K | 50x | as long as short |
| Bybit XTZUSDT | −0.0212% | 4h | 0.3356 | 0.000% | $2.6M | $2.2M | 75x | as long as short |
| Variational Omni XTZ | −0.0030% | 4h | 0.3355 | −0.043% | $101K | $272K | — | as long as short |
| Bitget XTZUSDT | +0.0010% | 4h | 0.3356 | 0.000% | $915K | $706K | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.814% | $62 | $17K | 5.5x | as long as short |
| BloFin XTZ-USDTshort | +0.0091% | 4h | 0.3353 | −0.089% | $281K | $94K | 75x | |
| Binance XTZUSDT | +0.0100% | 4h | 0.3355 | −0.030% | $4.7M | $7.9M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3355 | −0.030% | $1.2M | $1.1M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3357 | +0.030% | $606K | $124K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3356 | 0.000% | $2.0M | $728K | 100x | as long as short |
Kraken Futures PF_XTZUSD
Bybit XTZUSDT
Variational Omni XTZ
Bitget XTZUSDT
Injective XTZ/USDC PERP
Binance XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3357 | +0.030% | $603K | $156K | 30x | as long as short |
| BingX XTZ-USDTlong | +0.0100% | 4h | 0.3356 | long leg | — | $1.1M | — |
KuCoin XTZUSDTM