Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.028%
Price spread now: Binance against Gate+0.030%7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1391.393% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.030%, 7d avg −0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.089% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3354 | 0.0100 | pay 0.0100% / 8h | 4h 10m | $606K | $124K | 75x |
| Short | Binance XTZUSDT | 0.3355 | 0.0100 | get 0.0050% / 4h | 10m 09s | $4.7M | $7.9M | 75x |
Gate XTZ_USDT
Binance XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: +0.030% → −0.059%
- $8.93
- Slippage, 4 orders
- −$114.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$130.42
- Costs to cover
- 1.393%
- Break-even
- never at this rate
Slippage from Gate: live order book, 29 min ago; Binance: live order book, 7 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 Gate live order book, 29 min ago | 2.98 bp | 45.8 bp −$46 | 155.3 bp −$1,553 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.49 bp | 17.6 bp −$18 | 58.9 bp −$589 | doesn't fit | 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 | +0.206% | $272K | $257K | 50x | as long as short |
| Bybit XTZUSDT | −0.0119% | 4h | 0.3356 | +0.060% | $2.6M | $2.1M | 75x | as long as short |
| Bitget XTZUSDT | +0.0028% | 4h | 0.3355 | +0.030% | $909K | $706K | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.876% | $62 | $17K | 5.5x | as long as short |
| Binance XTZUSDTshort | +0.0100% | 4h | 0.3355 | +0.030% | $4.7M | $7.9M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3358 | +0.119% | $1.2M | $1.0M | 20x | as long as short |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3354 | long leg | $606K | $124K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3353 | −0.030% | $2.0M | $741K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3358 | +0.119% | $603K | $155K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3353 | −0.030% | — | $1.1M | — | as long as short |
Kraken Futures PF_XTZUSD
Bybit XTZUSDT
Bitget XTZUSDT
Injective XTZ/USDC PERP
OKX XTZ-USDT-SWAP
MEXC XTZ_USDT
KuCoin XTZUSDTM
BingX XTZ-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3355 | +0.017% | $101K | $272K | — | as long as short |
| BloFin XTZ-USDT | +0.0130% | 4h | 0.3354 | 0.000% | $281K | $94K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT