Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate−0.176%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1561.565% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+0.302%+$30 · spread now −0.176%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.143% cheaper against Gate than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XTZ_USDT | 0.3414 | 0.0100 | pay 0.0100% / 8h | 5h 52m | $627K | $116K | 75x |
| Short | OKX XTZ-USDT-SWAP | 0.3408 | 0.0100 | get 0.0100% / 8h | 5h 52m | $1.2M | $1.2M | 20x |
Gate XTZ_USDT
OKX XTZ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.176% → −0.033%
- −$14.28
- Slippage, 4 orders
- −$131.46
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$170.73
- Costs to cover
- 1.565%
- Break-even
- never at this rate
Slippage from Gate: live order book, 56 min ago; OKX: live order book, 2 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, 56 min ago | 4.45 bp | 32.8 bp −$33 | 137.3 bp −$1,373 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.93 bp | 31.0 bp −$31 | 192.7 bp −$1,927 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XTZUSDT | −0.0240% | 4h | 0.3412 | −0.059% | $2.7M | $2.4M | 75x | as long as short |
| Bitget XTZUSDT | −0.0048% | 4h | 0.3408 | −0.176% | $925K | $798K | 75x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.050% | $62 | $17K | 5.5x | as long as short |
| Variational Omni XTZ | +0.0080% | 4h | 0.3423 | +0.267% | $103K | $272K | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3407 | −0.205% | $4.7M | $8.7M | 75x | as long as short |
| OKX XTZ-USDT-SWAPshort | +0.0100% | 8h | 0.3408 | −0.176% | $1.2M | $1.2M | 20x | |
| Gate XTZ_USDTlong | +0.0100% | 8h | 0.3414 | long leg | $627K | $116K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3407 | −0.205% | $2.0M | $737K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3414 | 0.000% | $616K | $186K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3407 | −0.205% | — | $1.1M | — | as long as short |
Bybit XTZUSDT
Bitget XTZUSDT
Injective XTZ/USDC PERP
Variational Omni XTZ
Binance XTZUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XTZ-USDT | +0.0133% | 4h | 0.3412 | −0.059% | $283K | $95K | 75x | as long as short |
| Kraken Futures PF_XTZUSD | +0.0137% | 1h | 0.3413 | −0.037% | $277K | $271K | 50x | as long as short |
BloFin XTZ-USDT
Kraken Futures PF_XTZUSD