Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against Bitget−0.146%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$780.784% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.146%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.115% cheaper against Bitget than usual: you would sell low and buy high, −$11 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 | Bitget XTZUSDT | 0.3426 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $945K | $1.2M | 75x |
| Short | Binance XTZUSDT | 0.3421 | 0.0100 | get 0.0050% / 4h | 1h 32m | $4.8M | $10.1M | 75x |
Bitget XTZUSDT
Binance XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.146% → −0.031%
- −$11.45
- Slippage, 4 orders
- −$56.38
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.83
- Costs to cover
- 0.784%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 1.46 bp | 21.2 bp −$21 | 63.9 bp −$639 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.46 bp | 19.2 bp −$19 | 46.1 bp −$461 | 448.1 bp −$44.8K | 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 | −0.0592% | 1h | 0.3426 | +0.005% | $278K | $218K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.693% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3426 | 0.000% | — | $1.1M | — | as long as short |
| Binance XTZUSDTshort | +0.0100% | 4h | 0.3421 | −0.146% | $4.8M | $10.1M | 75x | |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3421 | −0.146% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3421 | −0.146% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3422 | −0.117% | $637K | $212K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3420 | −0.175% | $2.1M | $618K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3424 | −0.058% | $678K | $318K | 30x | as long as short |
| Bitget XTZUSDTlong | +0.0100% | 4h | 0.3426 | long leg | $945K | $1.2M | 75x |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3430 | +0.120% | $123K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0107% | 4h | 0.3426 | 0.000% | $282K | $97K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT