Funding you earn now, next payment 20:00 UTC−0.0102%/8hnext payment −$0.51 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against BloFin−0.029%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.029%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.057% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XTZ-USDT | 0.3506 | −0.0006 | get 0.0003% / 4h | 7m 03s | $289K | $83K | 75x |
| Short | Bitget XTZUSDT | 0.3505 | −0.0108 | pay 0.0054% / 4h | 7m 03s | $978K | $1.2M | 75x |
BloFin XTZ-USDT
Bitget XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$21.34
- Price spread: −0.029% → +0.029%
- −$5.73
- Slippage, 4 orders
- −$56.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$107.33
- Costs to cover
- 0.803%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 21 min ago; Bitget: live order book, 4 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 BloFin live order book, 21 min ago | 1.43 bp | 12.0 bp −$12 | 42.6 bp −$426 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 4.29 bp | 22.3 bp −$22 | 54.7 bp −$547 | 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 | −0.0361% | 1h | 0.3518 | +0.339% | $292K | $221K | 50x | as long as short |
| BingX XTZ-USDT | −0.0118% | 4h | 0.3509 | +0.086% | — | $1.1M | — | as long as short |
| Bitget XTZUSDTshort | −0.0108% | 4h | 0.3505 | −0.029% | $978K | $1.2M | 75x | |
| MEXC XTZ_USDT | −0.0034% | 4h | 0.3508 | +0.057% | $2.2M | $648K | 100x | as long as short |
| Binance XTZUSDT | −0.0030% | 4h | 0.3507 | +0.029% | $4.9M | $9.6M | 75x | as long as short |
| BloFin XTZ-USDTlong | −0.0006% | 4h | 0.3506 | long leg | $289K | $83K | 75x | |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | −0.627% | $62 | $17K | 5.5x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3508 | +0.057% | $3.0M | $3.0M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3508 | +0.057% | $1.3M | $1.4M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3511 | +0.143% | $648K | $221K | 75x | as long as short |
Kraken Futures PF_XTZUSD
BingX XTZ-USDT
MEXC XTZ_USDT
Binance XTZUSDT
Injective XTZ/USDC PERP
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3509 | +0.086% | $668K | $285K | 30x | as long as short |
| Variational Omni XTZ | +0.0100% | 4h | 0.3499 | −0.186% | $90K | $88K | — | as long as short |
KuCoin XTZUSDTM
Variational Omni XTZ