Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: Gate against Binance−0.202%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1371.372% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 4 days (all we have)+0.195%+$20 · spread now −0.202%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.264% cheaper against Binance than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XTZUSDT | 0.3375 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $4.7M | $10.4M | 75x |
| Short | Gate XTZ_USDT | 0.3368 | 0.0100 | get 0.0100% / 8h | 6h 22m | $622K | $174K | 75x |
Binance XTZUSDT
Gate XTZ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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: −0.202% → +0.061%
- −$26.37
- Slippage, 4 orders
- −$112.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$163.55
- Costs to cover
- 1.372%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 44 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 Binance live order book, 2 min ago | 2.97 bp | 20.1 bp −$20 | 81.1 bp −$811 | doesn't fit | doesn't fit |
| Sell Gate live order book, 44 min ago | 2.96 bp | 62.5 bp −$62 | 154.0 bp −$1,540 | doesn't fit | doesn't fit |
XTZ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +3.235% | $62 | $17K | 5.5x | as long as short |
| Kraken Futures PF_XTZUSD | +0.0075% | 1h | 0.3373 | −0.055% | $269K | $246K | 50x | as long as short |
| Binance XTZUSDTlong | +0.0100% | 4h | 0.3375 | long leg | $4.7M | $10.4M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3372 | −0.084% | $2.7M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3374 | −0.025% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDTshort | +0.0100% | 8h | 0.3368 | −0.202% | $622K | $174K | 75x | |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3373 | −0.054% | $2.1M | $668K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3373 | −0.054% | $633K | $225K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3372 | −0.084% | $916K | $1.1M | 75x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3373 | −0.054% | — | $1.1M | — | as long as short |
Injective XTZ/USDC PERP
Kraken Futures PF_XTZUSD
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
MEXC XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDT
BingX XTZ-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3373 | −0.056% | $85K | $331K | — | as long as short |
Variational Omni XTZ