Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Bybit−0.147%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$920.925% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days+0.166%+$17 · spread now −0.147%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.138% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XTZUSDT | 0.3406 | 0.0100 | pay 0.0050% / 4h | 41m 27s | $2.7M | $2.8M | 75x |
| Short | Binance XTZUSDT | 0.3401 | 0.0100 | get 0.0050% / 4h | 41m 27s | $4.7M | $9.7M | 75x |
Bybit XTZUSDT
Binance XTZUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.147% → −0.008%
- −$13.85
- Slippage, 4 orders
- −$71.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$106.31
- Costs to cover
- 0.925%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 13 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 Bybit live order book, 1 min ago | 1.47 bp | 34.3 bp −$34 | 54.1 bp −$541 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.47 bp | 15.7 bp −$16 | 61.1 bp −$611 | 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 | −0.0160% | 1h | 0.3406 | +0.005% | $281K | $251K | 50x | as long as short |
| Injective XTZ/USDC PERP | +0.0033% | 1h | 0.3484 | +2.290% | $62 | $17K | 5.5x | as long as short |
| Binance XTZUSDTshort | +0.0100% | 4h | 0.3401 | −0.147% | $4.7M | $9.7M | 75x | |
| Bybit XTZUSDTlong | +0.0100% | 4h | 0.3406 | long leg | $2.7M | $2.8M | 75x | |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3405 | −0.029% | $1.2M | $1.3M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3406 | 0.000% | $631K | $168K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3401 | −0.147% | $2.1M | $655K | 100x | as long as short |
| KuCoin XTZUSDTM | +0.0100% | 4h | 0.3403 | −0.088% | $625K | $191K | 30x | as long as short |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3409 | +0.088% | $920K | $936K | 75x | as long as short |
| BingX XTZ-USDT | +0.0100% | 4h | 0.3401 | −0.147% | — | $1.1M | — | as long as short |
Kraken Futures PF_XTZUSD
Injective XTZ/USDC PERP
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
KuCoin XTZUSDTM
Bitget XTZUSDT
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 | 0.3405 | −0.018% | $86K | $331K | — | as long as short |
| BloFin XTZ-USDT | +0.0122% | 4h | 0.3402 | −0.117% | $280K | $96K | 75x | as long as short |
Variational Omni XTZ
BloFin XTZ-USDT