Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.025%
Price spread now: Gate against BloFin+0.029%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1521.524% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 3 days (all we have)−0.065%−$6 · spread now +0.029%, 7d avg +0.071%
=Funding pays, the price is against you. Gate is 0.042% cheaper against BloFin than usual: you would sell low and buy high (spread +0.029% now, against its 7-day average of +0.071%). If the spread goes back, that is −$4 on $10k: about 2.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XTZ-USDT | 0.3444 | 0.0051 | pay 0.0025% / 4h | 2h 05m | $283K | $82K | 75x |
| Short | Gate XTZ_USDT | 0.3445 | 0.0100 | get 0.0100% / 8h | 2h 05m | $642K | $216K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- $10.35
- Price spread: +0.029% → +0.071%
- −$4.22
- Slippage, 4 orders
- −$125.37
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$146.25
- Costs to cover
- 1.524%
- Break-even
- 105.9 days
Slippage from BloFin: live order book, 11 min ago; Gate: live order book, 16 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 BloFin live order book, 11 min ago | 1.45 bp | 15.4 bp −$15 | 44.8 bp −$448 | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 min ago | 8.70 bp | 54.3 bp −$54 | 128.0 bp −$1,280 | 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 | 0.3451 | +0.202% | $280K | $219K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.161% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3448 | +0.116% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDTlong | +0.0051% | 4h | 0.3444 | long leg | $283K | $82K | 75x | |
| Binance XTZUSDT | +0.0100% | 4h | 0.3446 | +0.056% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3445 | +0.029% | $2.9M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3445 | +0.029% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDTshort | +0.0100% | 8h | 0.3445 | +0.029% | $642K | $216K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3447 | +0.087% | $2.1M | $631K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3449 | +0.145% | $687K | $315K | 30x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XTZUSDT | +0.0100% | 4h | 0.3451 | +0.203% | $952K | $1.2M | 75x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3447 | +0.083% | $123K | $296K | — | as long as short |
BloFin XTZ-USDT
Gate XTZ_USDT
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
MEXC XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDT
Variational Omni XTZ