Funding you earn now, next payment 04:00 UTC−0.0083%/8h= −9.1% APRpaid last 24h +0.004%
Price spread now: Injective against BloFin+2.080%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 2.080% dearer against BloFin than usual: you sell high and buy low (spread +2.080% now, against zero (this spread has no 7-day history yet)): +$208 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XTZ-USDT | 0.3413 | 0.0116 | pay 0.0058% / 4h | 20m 24s | $282K | $96K | 75x |
| Short | Injective XTZ/USDC PERP | 0.3484 | 0.0033 | get 0.0004% / 1h | 20m 24s | $62 | $17K | 5.5x |
BloFin XTZ-USDT
Injective XTZ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$17.46
- Price spread: +2.080% → 0.000%
- $208.03
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $178.55
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 14 min ago; Injective: no order-book sample. Net counts fees only.
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, 14 min ago | 4.41 bp | 15.1 bp −$15 | 48.2 bp −$482 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0159% | 1h | 0.3425 | +0.349% | $283K | $251K | 50x | as long as short |
| Injective XTZ/USDC PERPshort | +0.0033% | 1h | 0.3484 | +2.080% | $62 | $17K | 5.5x | |
| Bitget XTZUSDT | +0.0042% | 4h | 0.3422 | +0.264% | $923K | $938K | 75x | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3424 | +0.330% | $4.7M | $9.7M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3422 | +0.264% | $2.7M | $2.8M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3424 | +0.322% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3421 | +0.234% | $634K | $168K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3424 | +0.322% | $2.1M | $662K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3421 | +0.234% | $627K | $191K | 30x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3424 | +0.322% | — | $1.1M | — | as long as short |
Kraken Futures PF_XTZUSD
Bitget XTZUSDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTM
BingX XTZ-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3414 | +0.040% | $86K | $331K | — | as long as short |
| BloFin XTZ-USDTlong | +0.0116% | 4h | 0.3413 | long leg | $282K | $96K | 75x |
Variational Omni XTZ