Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against Bitget−0.204%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$980.981% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.204%, 7d avg +0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.223% cheaper against Bitget than usual: you would sell low and buy high, −$22 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 | Bitget XTZUSDT | 0.3432 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $946K | $1.2M | 75x |
| Short | Bybit XTZUSDT | 0.3425 | 0.0100 | get 0.0050% / 4h | 1h 35m | $2.8M | $3.3M | 75x |
Bitget XTZUSDT
Bybit XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.204% → +0.019%
- −$22.29
- Slippage, 4 orders
- −$75.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$120.43
- Costs to cover
- 0.981%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: 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 Bitget live order book, 1 min ago | 1.46 bp | 21.2 bp −$21 | 63.9 bp −$639 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.91 bp | 32.1 bp −$32 | 82.2 bp −$822 | 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 | −0.0591% | 1h | 0.3430 | −0.051% | $278K | $218K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +1.515% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3433 | +0.029% | — | $1.1M | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3426 | −0.175% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDTshort | +0.0100% | 4h | 0.3425 | −0.204% | $2.8M | $3.3M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3425 | −0.204% | $1.2M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3425 | −0.204% | $637K | $212K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3425 | −0.204% | $2.1M | $613K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3432 | 0.000% | $679K | $318K | 30x | as long as short |
| Bitget XTZUSDTlong | +0.0100% | 4h | 0.3432 | long leg | $946K | $1.2M | 75x |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
Binance 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 | 0.3440 | +0.222% | $123K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0154% | 4h | 0.3435 | +0.087% | $283K | $95K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT