Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.036%
Price spread now: OKX against Bitget−0.087%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1000.996% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.087%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.088% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XTZUSDT | 0.3451 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $952K | $1.2M | 75x |
| Short | OKX XTZ-USDT-SWAP | 0.3448 | 0.0100 | get 0.0100% / 8h | 2h 09m | $1.2M | $1.4M | 20x |
Bitget XTZUSDT
OKX XTZ-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.087% → +0.001%
- −$8.76
- Slippage, 4 orders
- −$77.56
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$108.32
- Costs to cover
- 0.996%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 7 min ago; OKX: live order book, 3 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, 7 min ago | 4.35 bp | 20.6 bp −$21 | 52.9 bp −$529 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.90 bp | 27.1 bp −$27 | doesn't fit | 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 | −0.0338% | 1h | 0.3452 | +0.035% | $280K | $219K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +0.956% | $62 | $17K | 5.5x | as long as short |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3450 | −0.029% | — | $1.1M | — | as long as short |
| BloFin XTZ-USDT | +0.0050% | 4h | 0.3452 | +0.029% | $284K | $82K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3447 | −0.113% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3451 | 0.000% | $2.9M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAPshort | +0.0100% | 8h | 0.3448 | −0.087% | $1.2M | $1.4M | 20x | |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3452 | +0.029% | $643K | $215K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3448 | −0.087% | $2.1M | $631K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3452 | +0.029% | $688K | $315K | 30x | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
BingX XTZ-USDT
BloFin XTZ-USDT
Binance XTZUSDT
Bybit XTZUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget XTZUSDTlong | +0.0100% | 4h | 0.3451 | long leg | $952K | $1.2M | 75x | |
| Variational Omni XTZ | +0.0100% | 4h | 0.3446 | −0.146% | $123K | $296K | — | as long as short |
Variational Omni XTZ