Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX−0.089%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1521.516% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.089%, 7d avg +0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.121% cheaper against OKX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XTZ-USDT-SWAP | 0.3366 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $1.2M | $1.3M | 20x |
| Short | Gate XTZ_USDT | 0.3363 | 0.0100 | get 0.0100% / 8h | 2h 31m | $621K | $161K | 75x |
OKX XTZ-USDT-SWAP
Gate XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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: −0.089% → +0.031%
- −$12.06
- Slippage, 4 orders
- −$126.59
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$163.65
- Costs to cover
- 1.516%
- Break-even
- never at this rate
Slippage from OKX: live order book, just now; Gate: live order book, 15 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 OKX live order book, just now | 4.46 bp | 30.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 15 min ago | 5.90 bp | 54.1 bp −$54 | 161.3 bp −$1,613 | 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 | −0.0577% | 1h | 0.3368 | +0.054% | $276K | $264K | 50x | as long as short |
| Bitget XTZUSDT | −0.0226% | 4h | 0.3362 | −0.119% | $912K | $853K | 75x | as long as short |
| Bybit XTZUSDT | −0.0145% | 4h | 0.3362 | −0.119% | $2.7M | $2.7M | 75x | as long as short |
| BloFin XTZ-USDT | −0.0049% | 4h | 0.3364 | −0.059% | $275K | $94K | 75x | as long as short |
| Binance XTZUSDT | −0.0035% | 4h | 0.3364 | −0.059% | $4.6M | $9.6M | 75x | as long as short |
| MEXC XTZ_USDT | −0.0034% | 4h | 0.3364 | −0.059% | $2.1M | $687K | 100x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.506% | $62 | $17K | 5.5x | as long as short |
| OKX XTZ-USDT-SWAPlong | +0.0100% | 8h | 0.3366 | long leg | $1.2M | $1.3M | 20x | |
| Gate XTZ_USDTshort | +0.0100% | 8h | 0.3363 | −0.089% | $621K | $161K | 75x | |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3367 | +0.030% | $622K | $187K | 30x | as long as short |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Bybit XTZUSDT
BloFin XTZ-USDT
Binance XTZUSDT
MEXC XTZ_USDT
Injective XTZ/USDC PERP
KuCoin XTZUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XTZ-USDT | +0.0100% | 4h | 0.3364 | −0.059% | — | $1.1M | — | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3382 | +0.475% | $85K | $282K | — | as long as short |
BingX XTZ-USDT
Variational Omni XTZ