Funding you earn now, next payment 23:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.042%
Price spread now: Injective against BingX+2.020%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 2.020% dearer against BingX than usual: you sell high and buy low, +$202 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XTZ-USDT | 0.3415 | 0.0036 | pay 0.0018% / 4h | 1h 20m | — | $1.1M | — |
| Short | Injective XTZ/USDC PERP | 0.3484 | 0.0033 | get 0.0004% / 1h | 20m 59s | $62 | $17K | 5.5x |
BingX XTZ-USDT
Injective XTZ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$0.56
- Price spread: +2.020% → 0.000%
- $202.05
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $191.47
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 9 min ago; Injective: no order-book sample. Net counts fees only.
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, 9 min ago | 5.85 bp | 19.7 bp −$20 | 75.0 bp −$750 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSD | −0.0593% | 1h | 0.3417 | +0.054% | $277K | $219K | 50x | as long as short |
| Injective XTZ/USDC PERPshort | +0.0033% | 1h | 0.3484 | +2.020% | $62 | $17K | 5.5x | |
| BingX XTZ-USDTlong | +0.0036% | 4h | 0.3415 | long leg | — | $1.1M | — | |
| BloFin XTZ-USDT | +0.0080% | 4h | 0.3409 | −0.176% | $284K | $97K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3412 | −0.088% | $4.8M | $10.2M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3412 | −0.088% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3412 | −0.088% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3415 | 0.000% | $635K | $216K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3412 | −0.088% | $2.1M | $626K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3415 | 0.000% | $675K | $320K | 30x | as long as short |
Kraken Futures PF_XTZUSD
BloFin XTZ-USDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XTZUSDT | +0.0100% | 4h | 0.3412 | −0.088% | $944K | $1.2M | 75x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3397 | −0.525% | $122K | $296K | — | as long as short |
Bitget XTZUSDT
Variational Omni XTZ