Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: Gate against Bybit−0.029%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1661.659% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.029%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.044% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XTZUSDT | 0.3398 | 0.0100 | pay 0.0050% / 4h | 1h 25m | $2.8M | $3.3M | 75x |
| Short | Gate XTZ_USDT | 0.3397 | 0.0100 | get 0.0100% / 8h | 1h 25m | $631K | $215K | 75x |
Bybit XTZUSDT
Gate XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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% → +0.014%
- −$4.36
- Slippage, 4 orders
- −$139.93
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$170.29
- Costs to cover
- 1.659%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 56 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 Bybit live order book, 2 min ago | 1.47 bp | 23.3 bp −$23 | 51.5 bp −$515 | doesn't fit | doesn't fit |
| Sell Gate live order book, 56 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 | −0.0595% | 1h | 0.3406 | +0.234% | $277K | $219K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.531% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3402 | +0.118% | — | $1.1M | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3399 | +0.029% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDTlong | +0.0100% | 4h | 0.3398 | long leg | $2.8M | $3.3M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3398 | 0.000% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDTshort | +0.0100% | 8h | 0.3397 | −0.029% | $631K | $215K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3398 | 0.000% | $2.1M | $626K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3400 | +0.059% | $672K | $319K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3400 | +0.059% | $943K | $1.2M | 75x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
Binance XTZUSDT
OKX XTZ-USDT-SWAP
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 | 0.3397 | −0.027% | $122K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0131% | 4h | 0.3396 | −0.059% | $282K | $96K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT