Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.047%
Price spread now: BingX against Gate+0.030%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.030%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.049% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3356 | 0.0100 | pay 0.0100% / 8h | 39m 12s | $616K | $164K | 75x |
| Short | BingX XTZ-USDT | 0.3357 | 0.0100 | get 0.0050% / 4h | 39m 12s | — | $1.1M | — |
Gate XTZ_USDT
BingX XTZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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% → −0.019%
- $4.89
- Slippage, 4 orders
- −$123.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$144.1
- Costs to cover
- 1.490%
- Break-even
- never at this rate
Slippage from Gate: live order book, 62 min ago; BingX: live order book, 5 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, 62 min ago | 4.48 bp | 42.8 bp −$43 | 160.0 bp −$1,600 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 4.46 bp | 26.5 bp −$27 | 73.7 bp −$737 | 474.8 bp −$47.5K | 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 | −0.0354% | 1h | 0.3362 | +0.165% | $278K | $274K | 50x | as long as short |
| Bitget XTZUSDT | −0.0184% | 4h | 0.3357 | +0.030% | $913K | $864K | 75x | as long as short |
| Bybit XTZUSDT | −0.0171% | 4h | 0.3358 | +0.060% | $2.7M | $2.6M | 75x | as long as short |
| Variational Omni XTZ | −0.0154% | 4h | 0.3365 | +0.264% | $102K | $298K | — | 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-USDT | +0.0041% | 4h | 0.3354 | −0.060% | $275K | $95K | 75x | as long as short |
| Binance XTZUSDT | +0.0096% | 4h | 0.3355 | −0.022% | $4.6M | $9.5M | 75x | as long as short |
| MEXC XTZ_USDT | +0.0096% | 4h | 0.3353 | −0.089% | $2.1M | $704K | 100x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3356 | 0.000% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3356 | long leg | $616K | $164K | 75x |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Bybit XTZUSDT
Variational Omni XTZ
Injective XTZ/USDC PERP
BloFin XTZ-USDT
Binance XTZUSDT
MEXC XTZ_USDT
OKX XTZ-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3361 | +0.149% | $619K | $192K | 30x | as long as short |
| BingX XTZ-USDTshort | +0.0100% | 4h | 0.3357 | +0.030% | — | $1.1M | — |
KuCoin XTZUSDTM